Volvo is Breaking Up With Polestar - Mostly
The Truth About Cars
FEBRUARY 1, 2024
Volvo spun off Polestar years ago, but the Chinese-owned Swedish automaker has been footing part of the bill for Polestar’s operations since then. Things are changing for Polestar, however, as Volvo will hand the brand over to parent company Geely to focus on its growth and stability.
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