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Polestar secures $400 million investment

ArenaEV
Swedish electric car company Polestar just got a major financial boost. Two big banks, Sumitomo Mitsui and Standard Chartered, have invested €341 million into the brand, with each bank committing €171 million. The financial boost comes at a busy time for the carmaker as it works to grow its business and sell more electric cars around the world. The deal… Read more…