Volvo will double its stake in Polestar to nearly 20 percent. The deal focuses Polestar 3 production in South Carolina and ends output in China.
Volvo to swap over $300 million of Polestar debt to equity to consolidate U.S. manufacturing
Volvo will double its stake in Polestar to nearly 20 percent. The deal focuses Polestar 3 production in South Carolina and ends output in China.