Polestar captive powered by Volvo Car Financial Services

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 […]