DEALS

Polestar

Polestar 2 through 5 and the Geely-Volvo orbit — design-first EVs, covered.

14
Articles
1
Beat
1
Reporter on beat
Jun 25
Last updated
Sort
Polestar Exits US Market As Connected Vehicle Rule Punishes Geely Ownership Over Factory Address
Polestar · Polestar

Polestar Exits US Market As Connected Vehicle Rule Punishes Geely Ownership Over Factory Address

Polestar will stop selling new cars in the United States starting with the 2027 model year after the Commerce Department’s Bureau of Industry and Security declined to grant it authorization under the Connected Vehicle Rule. The Swedish brand announced the decision on Thursday, June 25. It is the first automaker pushed out of the American…

Polestar

Polestar 3 Can Now Power Your Home For 10 Days: California Buyers Get $13,800 In Rebates

We’ve been tracking the bidirectional charging space closely, and Polestar just made a significant move that deserves attention. The Swedish-Chinese automaker announced a partnership with Canadian startup Dcbel to bring vehicle-to-home (V2H) capability to Polestar 3 owners in California, making the luxury SUV double as a home backup battery capable of powering a house for…

Polestar

Polestar Executes Reverse Stock Split to Avoid Nasdaq Delisting as Q3 Losses Hit $365 Million

Chinese-owned electric vehicle maker Polestar announced a reverse stock split on Wednesday as the struggling automaker fights to maintain its Nasdaq listing while reporting a widening third-quarter net loss of $365 million—up from $323 million in the same period last year. The financial engineering maneuver comes as the Geely-backed EV maker faces a perfect storm…

Polestar

Polestar Recalls Nearly 28,000 Polestar 2 EVs for Rearview Camera Glitch

Polestar is recalling 27,816 Polestar 2 vehicles in the United States due to a software issue that can cause the rearview camera to fail, increasing the risk of a crash. The recall, announced by the U.S. National Highway Traffic Safety Administration (NHTSA), affects certain 2021-2025 models. The problem lies in a software glitch within the…

Polestar

US Regulator Probes Recall Fix for 27,000 Polestar 2 EVs Amid Rear-View Camera Failures

The U.S. National Highway Traffic Safety Administration (NHTSA) has launched an investigation into the effectiveness of a prior recall remedy for over 27,000 Polestar 2 electric vehicles, following persistent reports of rear-view camera malfunctions. This action highlights ongoing safety concerns in the EV sector, where software updates often serve as fixes for hardware-related issues. According…

Polestar

Polestar Secures $200M Investment to Boost EV Expansion and Sales Growth

On June 16, 2025, Polestar, the Sweden-based electric vehicle (EV) manufacturer, announced a $200 million equity investment from PSD Investment, a firm controlled by Geely Holding Group’s founder, Li Shufu. This funding, reportedly secured through a private investment in public equity (PIPE), aims to fuel Polestar’s global expansion and strengthen its position in the competitive…

Polestar

Tesla Owners Switch to Polestar in Record Numbers as Sales Shift in the UK

A growing number of Tesla drivers in the UK are trading in their electric vehicles (EVs) for Polestar models, with Polestar’s UK managing director reporting conversions at a “fairly high rate.” This shift comes as Tesla faces a steep 36% drop in May sales compared to the same month last year, while Polestar registrations have…

Polestar

Polestar Appoints Rick Bryant as New North America Leader to Drive EV Growth

Polestar, the Swedish electric vehicle (EV) manufacturer, has named Rick Bryant as its new Head of North America, effective May 12, 2025, as the company aims to capitalize on its recent sales surge. Bryant’s appointment, announced in a company statement, follows a 76% year-over-year increase in global sales, with over 12,300 vehicles sold in Q1…

AdvertisementLEADERBOARD · 970 × 250
— Daily Briefing · Free Forever

The EV industry moves fast. Stay ahead of it.

One email. Six stories. Filed each morning before the world is. Read by Tesla owners, Rivian preorder holders, dealer GMs, and the analysts that move EV stocks.

18,200
Subscribers
3.8M
Monthly Readers
44%
Open Rate
No. 1
EV newsletter
Get The Briefing Six stories · Mon–Fri 7am
Subscribe