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Geely-affiliated EV maker Polestar reportedly lays off 30% of China staff
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TechNode
Electric vehicle maker Polestar’s China division is reportedly set to undergo its first major layoff with plans to reduce its workforce by about 30% by the end of September.
The move is expected to have a significant impact on its local car manufacturing activities.
The news comes just months after the Swedish company announced it was looking to reduce about 15% of its workforce globally in January.
The company sold fewer than 1,000 cars during the first four months of this year in China, the world’s biggest auto market.
[FEAutoCar, in Chinese]Related
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