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Volvo Cars, Sweden to stop funding Polestar
On February 1, Volvo Cars announced that it is evaluating a potential adjustment to Volvo Cars’ shareholding in Polestar, including a distribution of shares to Volvo Cars shareholders, which may result in Geely Sweden Holdings becoming a significant new shareholder.
Volvo Cars will no longer provide further funding....
Volvo Cars will no longer provide further funding....
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