Swedish electric vehicle maker Polestar has secured a $200 million equity investment from PSD Investment, controlled by Geely Holding Group founder Li Shufu. The June 16, 2025 deal provides essential working capital for the company, which lost $2 billion in 2024 despite delivering 44,851 vehicles. The funding comes through a private investment in public equity (PIPE), with Polestar selling 190,476,190 new Class A American Depository Shares at $1.05 each. To keep voting power below 50%, PSD Investment will convert 20 million shares to a different classification. “The investments have laid the foundation for the company’s continuing growth,” said CEO Michael … Continue reading Polestar Secures $200M Investment After $2B Loss: Can 84% Revenue Growth Offset $120M Monthly Cash Burn?