Polestar has secured a significant financial boost, raising nearly $1 billion in a new loan from a group of banks. This infusion of capital comes at a crucial point for the Swedish electric vehicle (EV) […]
Polestar has announced two significant milestones in terms of the upcoming Polestar 3. The company confirmed that production of the Polestar 3 has started in its Chengdu, China facility. Polestar also confirmed that early test […]
Hertz has announced another shift in its electric vehicle (EV) strategy, with the rental car giant saying it will delay its purchase of Polestar EVs. In 2022 Hertz announced plans to purchase 65,000 Polestar EVs […]
Polestar is going independent of its parent company, Volvo Cars, which has announced it will stop investing in the EV maker. However, the two companies will still have much in common as they will continue […]
Polestar has announced a significant reduction in its global workforce, cutting around 450 jobs, accounting for approximately 15% of its total staff. This decision comes amid challenging market conditions that have forced the company to […]
Polestar has announced it has joined Tesla’s Supercharger network in China. The company follows SAIC-GM, which announced a similar partnership with Tesla earlier this month. Polestar China announced it will connect to the Tesla Supercharger […]
In response to market challenges, Polestar has retooled its business plan, announcing more conservative delivery estimates for 2023 and unveiling a series of measures aimed at enhancing efficiency and profitability. The company, in its third-quarter […]
Polestar has announced that the Polestar 2 is gaining a new entertainment app, Prime Video. When Polestar 2 hit the market in 2019, it made waves as the first car to feature Google’s Android Automotive […]
Polestar is gearing up to expand beyond the automotive sector by launching a smartphone alongside its upcoming Polestar 4. This unique move comes as Polestar aims to strengthen its presence in the Chinese electric vehicle […]
Polestar has announced a partnership with Mobileye to incorporate their Chauffeur autonomous driving technology into the Polestar 4. The Polestar 4, which launched in China today and is slated for a global release in 2024, […]
