Volvo Cars Archive
17 Oct 2017
Volvo/Geely to invest €640m to develop Polestar

Volvo Cars, and its owner, Geely Holding, has just announced they will jointly invest €640 million to support the initial phase of Polestar’s product, brand and industrial development. The investment highlights the financial muscle and industrial and manufacturing expertise Polestar will have access to, and establishes the fully consolidated Volvo Cars subsidiary as a stand-alone electrified performance car company as it








