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Home » Polestar captive powered by Volvo Car Financial Services

Polestar captive powered by Volvo Car Financial Services

Polestar offers direct-to-consumer digital car sales and financing

Amanda HarrisbyAmanda Harris
October 7, 2021
in Capital & Funding
Reading Time: 2 mins read
0
Residual Risk Is Top Concern for EV ABS Pools

© Can Stock Photo / PongMoji

Swedish electric-vehicle (EV) maker Polestar has revealed how its financing arm is structured on the heels of its merger with special purpose acquisition company (SPAC) Gores Guggenheim Inc. Polestar’s captive, Polestar Financial Services, is a division of Volvo Car Financial Services, according to the company’s website. Volvo Car Group holds nearly 50% of Polestar, according […]

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Tags: electric vehiclesEV batteriespolestarPremiumSPACVolvo Car Financial ServicesVolvo Car Group
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