Polestar Automotive Holding UK Plc shares rise 2.76% intraday after securing a $200 million equity investment from Geely's Li Shufu.
ByAinvest
Monday, Jun 16, 2025 2:05 pm ET1min read
PSNYW--
Polestar Automotive Holding UK Plc rose 2.76% in intraday trading, with the company securing a $200 million equity investment from PSD Investment, an entity controlled by Geely Holding Group's founder Li Shufu. This investment will allow Polestar to further develop its electric vehicle portfolio and reduce its carbon footprint.
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