In Gothenburg, Sweden, Polestar revealed a significant development - an equity investment totaling USD 300 million by Banco Bilbao Vizcaya Argentaria, S.A. and NATIXIS. Each institution contributed USD 150 million. Additionally, they have engaged in a put option agreement with a Geely Sweden Holdings AB subsidiary. This arrangement allows the financial entities an exit option in three years, ensuring specific returns. This move forms a crucial part of the USD 300 million equity financing undertaken by Polestar.