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

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Banks throw Polestar $1 billion lifeline after China’s Geely pledges to support its ailing EV maker
source : Fortune ( Middle East ) () 24
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.

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