Articles
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1 week ago |
autonews.com | Linda Lew |Rafaela Lindeberg
The Polestar stand at the Beijing Auto Show in April 2024. Polestar sold 3,120 passenger cars in China last year, according to data from the China Automotive Technology and Research Center.
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1 week ago |
news.bloomberglaw.com | Rafaela Lindeberg
founder sold $6.8 million worth of shares in late 2023 without disclosing the battery maker’s true state, Sweden’s Dagens Industri reported, citing a claim by the buyer. • The buyer, Dutch investment fund European Battery Fund, says it was misled by Cerruti about the actual state of the now bankrupt battery company, DI says, citing court documents• In an emailed comment to Bloomberg News relayed by Northvolt, Cerruti says “I categorically deny the allegations made by EBF.
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1 week ago |
news.bloombergtax.com | Rafaela Lindeberg
Northvolt AB founder Paolo Cerruti sold $6.8 million worth of shares in late 2023 without disclosing the battery maker’s true state, Sweden’s Dagens Industri reported, citing a claim by the buyer. The buyer, Dutch investment fund European Battery Fund, says it was misled by Cerruti about the actual state of the now bankrupt battery company, DI says, citing court documentsIn an emailed comment to Bloomberg News relayed by Northvolt, Cerruti says “I categorically deny the allegations made by EBF.
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1 week ago |
bloomberg.com | Linda Lew |Rafaela Lindeberg
The Polestar booth at the Beijing Auto Show, in April 2024. (Bloomberg) -- Electric vehicle brand Polestar is scaling back its presence in China, running down its store network and exiting a sales and marketing joint venture with a local company. Polestar Chief Executive Officer Michael Lohscheller said the Swedish-origin carmaker, which is part of billionaire Li Shufu’s auto empire, has decided on a different set up in the world’s largest vehicle market.
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1 week ago |
news.bloomberglaw.com | Linda Lew |Rafaela Lindeberg
Electric vehicle brand Polestar is scaling back its presence in China, running down its store network and exiting a sales and marketing joint venture with a local company. Polestar Chief Executive Officer Michael Lohscheller said the Swedish-origin carmaker, which is part of billionaire Li Shufu’s auto empire, has decided on a different set up in the world’s largest vehicle market.
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Elon Musk’s Politics Are a Sales Opportunity for Polestar, CEO Says https://t.co/6L5U4LJlv5
Polestar's new CEO launches a review of the struggling electric-car maker’s operations and strategy, after weaker-than-expected deliveries for the third quarter https://t.co/JnhJDJ3oGS via @markets
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