Banks throw Polestar $1 billion lifeline after China’s Geely pledges to support its ailing EV maker

After large shareholder Volvo refused to continue financing Polestar’s business, questions arose whether the latter would be able to survive the ongoing shakeout in the EV market. Read More

Source：https://fortune.com/europe/2024/02/29/polestar-volvo-geely-bankruptcy-loan-funding-thomas-ingenlath/

Banks throw Polestar $1 billion lifeline after China’s Geely pledges to support its ailing EV maker

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Banks throw Polestar $1 billion lifeline after China’s Geely pledges to support its ailing EV maker

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Key Fed inflation measure rose 0.4% in January as expected, up 2.8% from a year ago

West watches for Putin’s next move after breakaway region asks Moscow to ‘protect’ it from Moldova

Related Posts

Why was Ryan Salame given a sentence longer than prosecutors recommended?

‘Fly high, Bette’: This 88-year-old started her flight attendant career in 1957 and never officially retired

Melinda French Gates is going her own way. Donating $1 billion to women’s rights after leaving the foundation she created with her ex-husband

Country club seeks higher price in sale of 2,000-year-old sacred ceremonial grounds

Hess shareholders to vote on Chevron deal as dispute with Exxon over Guyana assets creates uncertainty

Amazon, Walmart, and Target finally realize their colossal pricing mistake—now they’re slashing costs to win back customers

West watches for Putin's next move after breakaway region asks Moscow to 'protect' it from Moldova

Browse by Category

Subscribe to Blog via Email

Welcome Back!

Retrieve your password

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