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Finance · GothenburgGeely Automobile Holdings Ltd.-backed (OTC:GELYF) (OTC:GELHY) Polestar Automotive Holding UK PLC (NASDAQ:PSNY) has secured over $400 million in funding through a Special Purpose Vehicle (SPV). Sumimoto Mitsui, Standard Chartered Funded Polestar The Swedish automaker, in an official statement on Monday, announced that Sumimoto Mitsui Banking Corp., as well as Standard Chartered Bank Ltd. (Hong Kong), invested $200 million each via Feathertop Fund…See the Story
EV Maker Polestar Secures $400 Million Equity Funding
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