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+--- Thread: Automotive News Volvo to cut stake in Polestar to 18% as EV demand slumps (/showthread.php?tid=13696)
Volvo to cut stake in Polestar to 18% as EV demand slumps - OEM - 02-24-2024
Volvo to cut stake in Polestar to 18% as EV demand slumps
<p>Polestar shares have fallen due to a slower-than-expected ramp up and overall cooling EV demand. Volvo's move will hand more responsibility to China’s Geely, which controls both companies.</p>
https://www.autonews.com/mobility-report/volvo-trims-stake-polestar-18-48