The Swedish auto manufacturer say it would disseminate 62.7 percentage of its interest in Polestar to its stockholder , following throughon its hope todial back its fundingfor the public presentation EV blade .
When all is say and done , Volvo will keep back an 18 pct post in Polestar , and Geely ( Volvo and Polestar ’s parent caller ) will be in the equipment driver hind end .
“ At the same clock time as this dealing appropriate us to receive unexampled shareholder , our human relationship with Volvo Cars stay , ” Polestar CEO Thomas Ingenlath say .
“ Our client will retain to profit from our live collaborationism , let in across commercial-grade and after sale – leave firearm of judgment and eubstance .
”
diving event into Thomas Ingenlath
The Swedish car manufacturer tell it would dispense 62.7 per centum of its wager in Polestar to its stockholder , following throughon its hope todial back its fundingfor the carrying into action EV blade .
When all is say and done , Volvo will hold an 18 per centum wager in Polestar , and Geely ( Volvo and Polestar ’s parent society ) will be in the unit driver tooshie .
“ At the same meter as this dealings allow us to receive novel stockholder , our family relationship with Volvo Cars rest , ” Polestar CEO Thomas Ingenlath say .
This was “ our customer will uphold to profit from our exist quislingism , include across commercial-grade and after sale – bring home the bacon slice of intellect and consistence .
”
[ www.media.volvocars.com ]
