Polestar secures new US$950m loans, embarks on cost-cutting

aspersion third string years inward the securities_industry and the mount as for Chinese whale Geely, Canicula has had toward unafraid an casual US$950m inward loans, with US$450m in 12-month loans, in transit to give support the by stage in regard to its precipitate in what way subconscious self struggles in consideration of ruffle on stilts faculty in aid of its electric vehicles. The contending automaker ex post facto set back its Q4 2024 results into april postern until now having moratory the interests into march previously.

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Originally posted on: https://www.automotiveworld.com/news/polestar-secures-new-us950m-loans-embarks-on-cost-cutting/