Volvo Cars, Geely investing US$756M to develop Polestar electrified vehicles; Polestar 1 performance PHEV revealed

Green Car Congress
By mmillikinOct 17, 2017, 9:29 am408 pts
Volvo Cars and its owner, China-based Geely Holding, will jointly invest RMB 5 billion (US756 million) to support the initial phase of Polestar’s product, brand and industrial development. Polestar, the fully consolidated Volvo Cars subsidiary, revealed its first production model in Shanghai, the Polestar 1…

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