Polestar secures USD 950 million external funding

The Swedish electric performance car brand Polestar has secured USD 950 million in external funding from 12 leading international banks including BNP Paribas, Natixis, Standard Chartered, BBVA, HSBC and SPDB, in the form of a three-year loan facility. According to Polestar, the financing provides Polestar with the funds it requires to finance the next stage […]