Volvo’s Polestar troubles signal ‘shakeout time’ for EV industry
The shakeout in the global electric-vehicle industry is picking up speed. Chinese automaker Geely’s move on Thursday to take over funding of struggling EV maker Polestar from Volvo Cars is the latest consolidation among EV brands since Tesla Inc’s historic financial surge in the early 2020s. Tesla…
#geely #polestar #volvocars #teslaincs #tesla #elonmusks #volvo #andyleyland #scinsights #western