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Volvo Pulling Polestar Funding To Focus On Its Own Progress

Volvo has announced the cessation of funding for Polestar, its once performance sub-brand turned standalone electric vehicle (EV) marque. This strategic shift aligns with Volvo’s intensified focus on its future, marked by substantial investments and a resolute commitment to electrification. Volvo’s decision to withdraw financial support from Polestar stems from its unwavering dedication to advancing […]

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