Polestar raises $500M from outside investors as EV market grows

Polestar raises $500M from outside investors as EV market grows

3 years ago
Anonymous $4BDEsVAtYS

https://techcrunch.com/2021/04/15/polestar-raises-500m-from-outside-investors-as-ev-market-grows/

Polestar, Volvo Car Group’s standalone electric performance brand, has raised $550 million in its first external round led by Chongqing Chengxing Equity Investment Fund Partnership, Zibo Financial Holding and Zibo Hightech Industrial Investment.

SK Inc., the South Korean global conglomerate, and a range of other investors also participated.