Polestar expects delayed profitability as EV demand weakens, competition intensifies
The company has struggled to scale amid weakening EV demand and intensifying competition from legacy manufacturers.
Biden administration finalizes US crackdown on Chinese vehicles
Biden's administration is finalizing rules that will effectively bar nearly all Chinese cars and trucks from the U.S. market.
Nissan open to pooling on CO2 to avoid fines in Europe
Nissan considers pooling with carmakers to meet EU CO2 targets, exploring short-term options amid regulatory shifts.
Polestar raises hope as order intake rises
The company reported retail sales of 12,256, up from 11,640, and a 37% rise in order intake compared to a year earlier.
More govt support and public exposure to EVs needed: Polestar UK boss
Polestar’s UK boss calls for more government incentives and exposure to EVs to drive sales and reduce charging concerns.
Volvo Cars seeks to oust Northvolt from EV battery venture
Volvo seeks Northvolt’s stake in their battery JV NOVO but needs a new partner to maintain gigafactory plans, aiming for 2026 production.
Biden proposal would ‘effectively prohibit’ sale of Polestar cars in US, automaker says
Polestar stated that a proposed Biden rule banning Chinese vehicle tech would "effectively prohibit" its sales in the US.
Polestar Announces Date of AGM and Board Changes
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) is holding its Annual General Meeting (AGM) in London on 7 October 2024. Full details of the AGM,...
EV firm Polestar taps former Stellantis finance executive as CFO
Jean-Francois Mady appointed CFO of Polestar as the EV maker faces tussle over EU tariffs and stiff competition.
EV tariffs could hurt European companies and industry, Polestar CFO says
Polestar CFO warns EU and U.S. tariffs on China-made EVs could harm European industry, as Polestar shifts production.
