6 February 2024 Volvo Cars to stop funding Polestar Volvo Cars has announced that it will stop funding Polestar Automotive Holding, which it owns with Geely Holding. Report by ILM. The company is handing over responsibility for Polestar to Geely and may also release its 48% stake to Volvo shareholders, which would make Geely a… Continue reading Volvo Cars to stop funding Polestar