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In a recent development, Polestar Automotive Holding UK PLC (NASDAQ:PSNY) has announced that Geely Sweden Holding is potentially becoming a new shareholder. This move is part of a broader strategy that could see a shift in Polestar’s ownership structure. What Happened: In a recent press note, Geely Sweden Holding, a subsidiary of Geely Holding Group (OTC:GELYF) (OTC:GELYY), is set to become a direct shareholder in Polestar, a Swedish electric performance car brand. The potential change in Polestar’s ownership structure is being evaluated by Volvo Cars (OTC: VLVLY), which could result in a redi…

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