Volvo Cedes Control of Polestar to Geely

In a strategic shift, Volvo Cars has announced its decision to cease funding Polestar Automotive Holding, the luxury car brand jointly owned by Volvo and Geely Holding.

In a strategic shift, Volvo Cars has announced its decision to cease funding Polestar Automotive Holding, the luxury car brand jointly owned by Volvo and Geely Holding.