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Polestar prepares to raise up to $1 billion for EV sales push

Polestar 4 Shanghai.jpg
The Polestar 4, shown during its world debut in April at the Shanghai auto show, will enter the European market next summer.
B
By:
Bloomberg
October 16, 2023 08:44 AM

Polestar is taking steps to raise more capital as the electric carmaker struggles with an increasingly strained balance sheet and continued cash burn.

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