26/05/2026
22:52
26/05/2026
22:52
Volvo Polestar debt conversion

Volvo Converts $274 Million Debt into Equity Swedish automaker Volvo Cars has announced a strategic financial move by converting approximately $274 million of debt into equity in its sister electric vehicle brand Polestar. This decision reflects Volvo’s commitment to strengthening its EV ecosystem while supporting Polestar’s operational expansion—particularly in the United States. Focus on Polestar […]