Polestar 2 through 5 and the Geely-Volvo orbit — design-first EVs, covered.
Swedish electric vehicle maker Polestar announced a significant 31% reduction in its quarterly loss on Monday, signaling that its aggressive cost-saving measures and focus on higher-priced models are paying off. Amid a challenging global EV market, the company, backed by China’s Geely Holding, reported a net loss of $190 million for the first quarter ending…
Polestar is recalling 27,816 Polestar 2 electric vehicles in the U.S. due to a backup camera glitch that could leave drivers blind to what’s behind them, raising serious safety concerns. The National Highway Traffic Safety Administration (NHTSA) announced the recall on May 2, 2025, affecting 2021-2025 models built between July 2020 and November 2024. For…
Polestar, the struggling electric vehicle manufacturer, is changing tactics to boost sales after reporting a significant drop in deliveries. According to a Bloomberg report, the company’s new CEO is pushing for a more traditional sales approach by selling cars through dealerships, not just online. A New Strategy for Survival Polestar’s new chief executive, Michael Lohscheller,…
Swedish electric vehicle maker Polestar has started production of its Polestar 3 SUV in the United States, marking a significant step in avoiding major tariffs on Chinese-made cars, according to Reuters. Polestar Shifts Production Strategy Polestar, majority-owned by China’s Geely, has been manufacturing its vehicles in China and exporting them to overseas markets. However, recent…
A Resilient Journey Through Tough Times 2023 was a challenging year for the electric vehicle (EV) industry, marked by intensified competition and various market pressures. However, Polestar, the Swedish premium electric automaker, is entering 2024 with renewed optimism. This sentiment comes amidst a turbulent period, characterized by aggressive pricing strategies from competitors like Tesla and…
Polestar, the Swedish electric performance car brand, has forged a strategic partnership with South Korea’s SK On, a notable player in the battery sector, to power its forthcoming Polestar 5 electric vehicle (EV). This move signals a significant step for Polestar as it gears up for the launch of its anticipated 4-door grand tourer EV.…
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