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Polestar secures nearly 880 million euro lifeline in funding
![](https://newmobility.news/wp-content/uploads/2024/03/Chengdu_DSC_5884-scaled.jpg)
After parent Geely reiterated its support, a consortium of 12 banks decided to throw Polestar a lifeline, doubling its cash reserves. /Polestar
The saga around Polestar’s financing opens up a new chapter, as the EV startup managed to draw in some serious funding from international
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