What the news says
The decision to maintain its stake in Polestar is directly related to Volvo Cars' long-term investment strategy in the premium electric vehicle segment. This ownership structure affects Polestar's financial structure, strategic decision-making capability, and the development prospects of the sub-brand in the EV segment.
07/17, 01:49 PM
Volvo Cars plans to maintain its 20% stake in Polestar, with no intention to increase or reduce the holding.
Volvo Cars plans to maintain its 20% stake in Polestar, with no intention to increase or reduce the holding.
Affected assets
FirstSquawk
07/17, 01:49 PM
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