02-24-2024, 03:57 AM
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...star-18-48
<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...star-18-48