Polestar sold 12,548 cars in Q3, down 8% year over year. Revenue from those sales declined by 10%, and on the bottom line, Polestar's $323 million net loss works out to Polestar losing more than $ ...
Chris Bryant is a Bloomberg Opinion columnist covering industrial companies in Europe. Previously, he was a reporter for the ...
whilst adjusting our future model line-up and significantly reducing our cost base. Both in terms of volumes and financials, we expect 2025 to be the strongest year in Polestar’s history." ...
Before the 7 launches, Polestar will introduce the 5 to its model line-up. Based on the Precept concept, sales of the Polestar 5 are expected to start later this year.
Polestar has struggled since its SPAC merger, badly missing delivery targets and burning cash, leading to multiple debt and equity raises. Despite restructuring efforts, Polestar's Q3 2024 results ...
Automotive Holding UK PLC (NASDAQ:PSNY), the Swedish electric vehicle (EV) manufacturer with a market capitalization of $2.29 billion, finds itself at a critical juncture as it navigates a challenging ...
A January 16 business update has brought fresh information to light about Polestar’s upcoming product plans — including official confirmation on the debut of the Polestar 7 SUV in the not-too ...
Polestar confirmed that the Polestar 5, a four-door performance-focused model, will launch in the second half of 2025. The Polestar 7 was also announced, a compact SUV that we expect to slot below ...
In the first nine months of 2024, electric car builder Polestar saw revenues drop 21 percent, was borrowing cash, and had its quasi-parent Volvo Cars cut ties. But the automaker sees bright skies ...
whilst adjusting our future model line-up and significantly reducing our cost base. Both in terms of volumes and financials, we expect 2025 to be the strongest year in Polestar’s history.” ...
Polestar has announced at its 2025 Strategy Update that it will launch a new model in the coming years called the 7. It’s designed to be a ‘premium compact SUV’ – as if we needed another ...
Polestar has announced the 7 will be its first model on a newly-developed architecture intended to eventually be shared across most of its line-up to reduce “complexity, costs and investments”.