Polestar said on Monday it had secured a $200 million equity investment from major shareholder PSD Investment, a company ...

The Chinese automaker's chairman and founder Li Shufu has cautioned the industry about expansion amid a production glut.

Swedish electric car manufacturer Polestar has announced a capital increase totalling 200 million US dollars. The money comes ...

Amid subsidy criteria and ongoing global tariff conflicts, localised production in Europe and the US has become an ...

Geely's chairman and founder Li Shufu said on Saturday that the global automotive industry was facing "serious overcapacity" ...

Polestar secures a $200 million investment from Geely founder Li Shufu to help solidify its future amid tougher demand and ...

According to Reuters, Shufu issued a warning that the global automotive industry isn't safe. In fact, it's reaching critical ...

Polestar has announced a $200m equity investment from PSD Investment, an existing shareholder controlled by Eric Li, the ...

Billionaire chairman says mainland China’s second-largest carmaker will focus on improving technological capabilities.

Geely Chairman Li Shufu, shown at the Volvo Car annual general meeting April 3 in Gothenburg, Sweden, told staff at an internal meeting that the automaker is still seeking "breakthroughs" in "key" ...