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Polestar Automotive shares rise 2.65% intraday after restarting market expansion in France.
ByAinvest
Wednesday, Jun 11, 2025 11:48 am ET1min read
Polestar Automotive Holding Uk Plc rose 2.65% in intraday trading, with the company restarting its market expansion in France. This move is part of Polestar's strategy to focus on profitable European markets amidst cash crunch, tariff pressures, and a slowdown in EV demand. The company aims to make France one of its three main European markets, which could boost its market presence and revenue.
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