Polestar Secures $200M Investment to Boost EV Expansion and Sales Growth
On June 16, 2025, Polestar, the Sweden-based electric vehicle (EV) manufacturer, announced a $200 million equity investment from PSD Investment, a firm controlled by Geely Holding Group’s founder, Li Shufu. This funding, reportedly secured through a private investment in public equity (PIPE), aims to fuel Polestar’s global expansion and strengthen its position in the competitive…