Polestar
News,Electric Vehicles & Mobility,Asia
Geely-backed EV firm Polestar secures $950M external funding
Geely-backed Polestar Automotive Holding UK PLC, the Swedish electric performance car brand, has on Wednesday announced that it has secured $950 million in external funding. The financing is being provided by 12 leading international banks including BNP Paribas, Natixis, Standard Chartered, BBVA, HSBC and SPDB, in the form of a three-year loan facility.
February 29, 2024