Polestar

Polestar eyeing massive production growth, could hit 50k units this year

Polestar CEO Thomas Ingenlath has stated that Polestar is on track to produce 50,000 units this year. In an interview…

Polestar’s Q3 revenue and gross profit skyrocket, operating loss trims by 33%

Polestar's (NASDAQ: PSNY) position as one of two global, pure electric vehicle makers was solidified with a strong Q3 earnings…

Polestar takes $1.6 billion loan to achieve growth targets

Polestar announced today it received financing from two major shareholders, totaling $1.6 billion, to achieve its future growth targets. The…

Polestar 3 all-electric SUV unveiling: 379-mile WLTP range, 517 horsepower, 111 kWh battery

Polestar has unveiled its all-electric SUV, named the Polestar 3, aiming to enter a highly-competitive market and outpoint potential competitors…

Polestar hits 30k unit production in 2022 after strong Q3, reaffirms 50k delivery goal

Polestar (NASDAQ: PSNY) announced this morning that it delivered 9,215 vehicles in Q3, bringing its total for 2022 thus far…

Polestar 3, the company’s first SUV, to be unveiled October 12

Polestar announced today that it would unveil its first all-electric SUV, labeled the Polestar 3, at an event in Copenhagen,…

Auto industry spent less on advertising in 2022; Tesla already spends $0

The automotive industry spent less on advertising during the first seven months of 2022. Although Tesla spends $0, the decline…

Polestar 6 sells out in one week with $200k price tag

Polestar's upcoming Polestar 6 convertible opened preorders earlier this month, and the vehicle was able to sell out in under…

Polestar strikes deal to supply batteries for Candela’s hovering electric boats

Polestar announced this morning it has signed a multi-year agreement to supply battery and charging systems to Candela, a Swedish…

Polestar renames O2 concept Polestar 6, says it will launch in 2026

Polestar announced today that the roadster concept it unveiled in March, the O2, will become the Polestar 6 and will…

EV prices pull back in July, but price parity remains out of reach

Electric vehicle transaction prices pulled back slightly in July, according to research from Kelley Blue Book, which was released earlier today.…

Autonomy buys 23,000 EVs in $1.2B expansion of subscription company

Autonomy, the electric vehicle subscription company, announced it ordered 23,000 new cars from seventeen automakers worth $1.2 billion to expand…

Hertz gives several updates on its Tesla and Polestar EV fleet

Update: Lede paragraph date revised to Thursday to reflect accuracy. Hertz gave several updates on its fleet of Tesla and…

Polestar finds majority of EV buyers switch because of tech, not the environment

A new study commissioned by electric vehicle maker Polestar has found something interesting about EV buyers in the United States.…

Uber to offer EV rides in new cities with ‘Comfort Electric’ program expansion

Uber is expanding its "Comfort Electric" initiative to several new cities, the company said today. With the touch of a…

Polestar reaffirms its 50k delivery target after substantial YoY growth in sales

Swedish electric car company Polestar (NASDAQ: PSNYW) is reaffirming its 50,000 vehicle delivery goal for 2022 following a substantial increase…

Polestar 2 gets improved charge curve, still lags behind rivals like Tesla

In a recent test following an OTA update, the Polestar 2's new charging curve was revealed. But while the all-electric…

Polestar goes public and is listed on NASDAQ after SPAC merger

Electric car company Polestar (NASDAQ: PSNY) successfully went public after completing a SPAC merger this morning and is listed on…

Polestar will unveil another new vehicle at the Goodwood Festival of Speed

Polestar announced earlier this week that it would be presenting its new Polestar 5 prototype at the Goodwood Festival of…

Polestar begins deliveries of Polestar 2 as part of Hertz Deal

Polestar has announced this morning that they have started delivering its Polestar 2 as part of its deal with Hertz…