Banks throw Polestar $1 billion lifeline after China’s Geely pledges to support its ailing EV maker ...Middle East

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Banks throw Polestar $1 billion lifeline after China’s Geely pledges to support its ailing EV maker
After large shareholder Volvo refused to continue financing Polestar's business, questions arose whether the latter would be able to survive the ongoing shakeout in the EV market.

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