Thu. 11 Apr 2024, 7:10am ET
Benzinga
News
Polestar's ownership structure has been clarified, with Geely Holdings becoming a major new shareholder, with approximately 24% and Volvo Cars retaining a strategic 18% stake. Furthermore, the Company will welcome new shareholders and see its free float increase to approximately 18%. Polestar 3 has started production in China, with additional production starting in the USA in the summer of 2024.