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Automakers

Volvo courts investors to raise cash for Polestar

The Polestar 1 is scheduled to go into production later this year. The low-volume, 600-hp plug-in hybrid coupe is expected to cost roughly 155,000 euros.
EV
By:
Esha Vaish
|
R
By:
Reuters
February 07, 2019 03:24 PM

STOCKHOLM -- Volvo Cars' CEO said the automaker is talking to Chinese and U.S. investors as the company seeks external finance for its Polestar brand for electrified models.

Featured Stories

Stellantis
New Stellantis CEO Antonio Filosa faces series of hurdles

Filosa’s ability to honestly assess where Stellantis has erred in recent years could prove vital as he works to repair relationships with dealers, suppliers and employees.

VB
By:
Vince Bond Jr.
New Stellantis CEO Antonio Filosa faces series of hurdles
Manufacturing
Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal
BN
By:
Bloomberg News
Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal
China
Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output
RN
By:
Reuters News
Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output
Finance Insurance
FTC seeks to drop one count against Asbury after Trump executive order on disparate impact
JH
By:
John Huetter
FTC seeks to drop one count against Asbury after Trump executive order on disparate impact

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