{"id":148200,"date":"2024-02-26T11:24:09","date_gmt":"2024-02-26T10:24:09","guid":{"rendered":"https:\/\/newmobility.news\/?p=148200"},"modified":"2024-03-01T11:27:20","modified_gmt":"2024-03-01T10:27:20","slug":"volvos-stake-in-polestar-will-shrink-from-48-to-18","status":"publish","type":"post","link":"https:\/\/newmobility.news\/en\/2024\/02\/26\/volvos-stake-in-polestar-will-shrink-from-48-to-18\/","title":{"rendered":"Volvo&#8217;s stake in Polestar will shrink from 48 to 18%"},"content":{"rendered":"<p>Volvo Cars will reduce its stake in Polestar to 18%. To this end, the Swedish firm aims to sell shares worth 9.5 billion crowns (\u00b1 \u20ac850 million) to its shareholders.<\/p><p>In other words, first and foremost, it is to the mother company, Geely. The transaction is scheduled to be finalized this spring. The fact that Volvo Cars intends to strongly diminish its financial participation in the electric car brand Polestar, which it holds jointly with Geely, was <a href=\"https:\/\/newmobility.news\/2024\/02\/01\/polestar-cuts-15-of-personnel-and-reshuffles-top-management\/\">already made public at the beginning of the month<\/a>.<\/p><div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\">This content has been archived. <a href=\"https:\/\/newmobility.news\/en\/subscription\/\">Log in or Subscribe<\/a> to a level that has access to archived content.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Volvo Cars will reduce its stake in Polestar to 18%. To this end, the Swedish firm aims to sell shares worth 9.5 billion crowns (\u00b1 \u20ac850 million) to its shareholders.In other words, first and foremost, it is to the mother company, Geely. The transaction is scheduled to be finalized this spring. The fact that Volvo [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":148217,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[16,4,17],"tags":[],"class_list":["post-148200","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry","category-top-stories-today","category-weekly-newsletter"],"acf":[],"featured_image_urls_v2":{"full":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/02\/Schermafbeelding-2024-02-26-om-11.13.44.png?fit=1814%2C808&ssl=1",1814,808,false],"thumbnail":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/02\/Schermafbeelding-2024-02-26-om-11.13.44.png?resize=150%2C150&ssl=1",150,150,true],"medium":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/02\/Schermafbeelding-2024-02-26-om-11.13.44.png?fit=300%2C134&ssl=1",300,134,true],"medium_large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/02\/Schermafbeelding-2024-02-26-om-11.13.44.png?fit=640%2C285&ssl=1",640,285,true],"large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/02\/Schermafbeelding-2024-02-26-om-11.13.44.png?fit=640%2C285&ssl=1",640,285,true],"1536x1536":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/02\/Schermafbeelding-2024-02-26-om-11.13.44.png?fit=1536%2C684&ssl=1",1536,684,true],"2048x2048":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/02\/Schermafbeelding-2024-02-26-om-11.13.44.png?fit=1814%2C808&ssl=1",1814,808,true],"trp-custom-language-flag":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/02\/Schermafbeelding-2024-02-26-om-11.13.44.png?fit=18%2C8&ssl=1",18,8,true],"related-thumb":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/02\/Schermafbeelding-2024-02-26-om-11.13.44.png?resize=640%2C480&ssl=1",640,480,true],"gform-image-choice-sm":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/02\/Schermafbeelding-2024-02-26-om-11.13.44.png?resize=300%2C300&ssl=1",300,300,true],"gform-image-choice-md":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/02\/Schermafbeelding-2024-02-26-om-11.13.44.png?resize=400%2C400&ssl=1",400,400,true],"gform-image-choice-lg":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/02\/Schermafbeelding-2024-02-26-om-11.13.44.png?resize=600%2C600&ssl=1",600,600,true],"mailchimp":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/02\/Schermafbeelding-2024-02-26-om-11.13.44.png?fit=560%2C249&ssl=1",560,249,true],"unipress-phone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/02\/Schermafbeelding-2024-02-26-om-11.13.44.png?resize=640%2C100&ssl=1",640,100,true],"unipress-tablet":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/02\/Schermafbeelding-2024-02-26-om-11.13.44.png?resize=1536%2C240&ssl=1",1536,240,true],"unipress-tablet-portrait":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/02\/Schermafbeelding-2024-02-26-om-11.13.44.png?resize=1536%2C180&ssl=1",1536,180,true],"unipress-tablet-landscape":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/02\/Schermafbeelding-2024-02-26-om-11.13.44.png?resize=1814%2C180&ssl=1",1814,180,true],"unipress-smartphone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/02\/Schermafbeelding-2024-02-26-om-11.13.44.png?resize=1080%2C168&ssl=1",1080,168,true],"unipress-wide-screen":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/02\/Schermafbeelding-2024-02-26-om-11.13.44.png?resize=1814%2C180&ssl=1",1814,180,true]},"post_excerpt_stackable_v2":"<p>Volvo Cars will reduce its stake in Polestar to 18%. To this end, the Swedish firm aims to sell shares worth 9.5 billion crowns (\u00b1 \u20ac850 million) to its shareholders.In other words, first and foremost, it is to the mother company, Geely. The transaction is scheduled to be finalized this spring. The fact that Volvo Cars intends to strongly diminish its financial participation in the electric car brand Polestar, which it holds jointly with Geely, was already made public at the beginning of the month.This content has been archived. Log in or Subscribe to a level that has access to&hellip;<\/p>\n","category_list_v2":"<a href=\"https:\/\/newmobility.news\/en\/category\/industry\/\" rel=\"category tag\">Industry<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/top-stories-today\/\" rel=\"category tag\">Top Stories Today<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/weekly-newsletter\/\" rel=\"category tag\">Weekly Newsletter<\/a>","author_info_v2":{"name":"Tony Verhelle","url":"https:\/\/newmobility.news\/en\/author\/toverbel\/"},"comments_num_v2":"0 comments","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Volvo&#039;s stake in Polestar will shrink from 48 to 18% - newmobility.news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newmobility.news\/en\/2024\/02\/26\/volvos-stake-in-polestar-will-shrink-from-48-to-18\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Volvo&#039;s stake in Polestar will shrink from 48 to 18% - newmobility.news\" \/>\n<meta property=\"og:description\" content=\"Volvo Cars will reduce its stake in Polestar to 18%. To this end, the Swedish firm aims to sell shares worth 9.5 billion crowns (\u00b1 \u20ac850 million) to its shareholders.In other words, first and foremost, it is to the mother company, Geely. The transaction is scheduled to be finalized this spring. The fact that Volvo [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/newmobility.news\/en\/2024\/02\/26\/volvos-stake-in-polestar-will-shrink-from-48-to-18\/\" \/>\n<meta property=\"og:site_name\" content=\"newmobility.news\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/search\/top\/?q=newmobility.news\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-26T10:24:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-01T10:27:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/newmobility.news\/wp-content\/uploads\/2024\/02\/Schermafbeelding-2024-02-26-om-11.13.44.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1814\" \/>\n\t<meta property=\"og:image:height\" content=\"808\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Tony Verhelle\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@jorisvry\" \/>\n<meta name=\"twitter:site\" content=\"@jorisvry\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tony Verhelle\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/02\\\/26\\\/volvos-stake-in-polestar-will-shrink-from-48-to-18\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/02\\\/26\\\/volvos-stake-in-polestar-will-shrink-from-48-to-18\\\/\"},\"author\":{\"name\":\"Tony Verhelle\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/#\\\/schema\\\/person\\\/9ed42cfc4d62d98488c1d6e225040557\"},\"headline\":\"Volvo&#8217;s stake in Polestar will shrink from 48 to 18%\",\"datePublished\":\"2024-02-26T10:24:09+00:00\",\"dateModified\":\"2024-03-01T10:27:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/02\\\/26\\\/volvos-stake-in-polestar-will-shrink-from-48-to-18\\\/\"},\"wordCount\":577,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/02\\\/26\\\/volvos-stake-in-polestar-will-shrink-from-48-to-18\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/newmobility.news\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/Schermafbeelding-2024-02-26-om-11.13.44.png?fit=1814%2C808&ssl=1\",\"articleSection\":[\"Industry\",\"Top Stories Today\",\"Weekly Newsletter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/newmobility.news\\\/2024\\\/02\\\/26\\\/volvos-stake-in-polestar-will-shrink-from-48-to-18\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/02\\\/26\\\/volvos-stake-in-polestar-will-shrink-from-48-to-18\\\/\",\"url\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/02\\\/26\\\/volvos-stake-in-polestar-will-shrink-from-48-to-18\\\/\",\"name\":\"Volvo's stake in Polestar will shrink from 48 to 18% - newmobility.news\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/02\\\/26\\\/volvos-stake-in-polestar-will-shrink-from-48-to-18\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/02\\\/26\\\/volvos-stake-in-polestar-will-shrink-from-48-to-18\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/newmobility.news\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/Schermafbeelding-2024-02-26-om-11.13.44.png?fit=1814%2C808&ssl=1\",\"datePublished\":\"2024-02-26T10:24:09+00:00\",\"dateModified\":\"2024-03-01T10:27:20+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/02\\\/26\\\/volvos-stake-in-polestar-will-shrink-from-48-to-18\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/newmobility.news\\\/2024\\\/02\\\/26\\\/volvos-stake-in-polestar-will-shrink-from-48-to-18\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/02\\\/26\\\/volvos-stake-in-polestar-will-shrink-from-48-to-18\\\/#primaryimage\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/newmobility.news\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/Schermafbeelding-2024-02-26-om-11.13.44.png?fit=1814%2C808&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/newmobility.news\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/Schermafbeelding-2024-02-26-om-11.13.44.png?fit=1814%2C808&ssl=1\",\"width\":1814,\"height\":808,\"caption\":\"Until now, Volvo cars was the main shareholder in Polestar with 48%. 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