Polestar secures $400M after record sales year
Yahoo Finance·2026-02-03 10:00
This story was originally published on WardsAuto. To receive daily news and insights, subscribe to our free daily WardsAuto newsletter. Polestar will receive a $400 million cash infusion from investors to help boost its liquidity, following a record sales year in 2025, the electric vehicle maker announced on Monday. Two financial institutions make up the investors: Feathertop Funding Ltd., a special purpose vehicle created by the Sumimoto Mitsui Banking Corp., and the Standard Chartered Bank (Hong Kong) ...