Polestar secures $200 million investment from Geely Group's founder-owned PSD Investment
The transaction will increase Li Shufu’s stake in Polestar through PSD Investment from 44% to 66%
On June 16, Polestar announced that it has secured a $200 million equity investment from one of its key shareholders, PSD Investment Ltd., a company controlled by Shufu (Eric) Li, the founder and chairman of Geely Holding Group.
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