EV maker Polestar secures $400 million equity funding

Reuters

02/02

Feb 2 (Reuters) - Electric vehicle maker Polestar PSNY.O said on Monday it has secured a $400 million equity investment from Feathertop Funding Limited, a special purpose entity consolidated by Sumitomo Mitsui Banking Corporation and Standard Chartered Bank.

(Reporting by Rishabh Jaiswal in Bengaluru; Editing by Janane Venkatraman)

((rishabh.jaiswal@thomsonreuters.com; +91 9916719147))

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