Hertz profits explode after EV fleet investment
Hertz has seen an increase of twelve per cent in yearly profits since investing in EVs. according to a report by the Cooldown, the company has looked to transition to EVs to optimize its fleet […]
Polestar and Smart Eye will demonstrate the driver monitoring system at CES
Polestar and Smart Eye announced the companies will demonstrate its Smart Eye driver monitoring system at CES 2023 in Las Vegas. Smart Eye and @PolestarCars will demonstrate the Polestar 3 #DMS, designed to help avoid […]
Polestar benchmarking a Porsche 911 and Taycan for the Polestar 6
The Polestar 6 is still years away, but the Swedish automaker is already benchmarking two of its rival’s vehicles. Edward Trinh, Polestar Australia’s Product Planning Manager announced at a Melbourne event showcasing the roadster concept […]
Polestar reports solid earnings for Q3; cuts operating loss by 33 percent
Polestar has published its Q3 2022 financial report and the Swedish EV brand has reported a leap in revenue and profit in the three month period. It also posted a 33 percent reduction in operating […]
Polestar signs $1.6 billion loan deal to fund growth
Polestar has announced it received a $1.6 billion loan from two major shareholders. The funding will go towards achieving its growth targets. The two shareholders are the parent company Volvo Cars and PSD Investment. Each […]
Polestar delivered 9,215 cars in Q3 2022; on track to meet 50,000 annual target
Swedish performance EV brand has reported its numbers for the third quarter of 2022. The company delivered about 9,215, according to a press release, bringing the total for the year to 30,400 units. Polestar claims it […]
Polestar reports $1 billion in revenue for H1 2022
Polestar may be a relatively new name in the automobile industry, but it is making progress. The EV brand has reported a revenue of US$1.0 billion for the first half of 2022, a massive 95 […]
Polestar 6 LA Concept edition sells out in one week
Earlier this year Polestar revealed their O2 Roadster concept. The Swedish automaker said on August 16 the response to the concept was so positive they were going to make it a reality with the Polestar […]
Polestar to supply batteries and charging systems to Candela for flying electric boats
Polestar has announced it has signed a multi-year agreement to supply Candela with batteries and charging systems for their hydrofoil electric boats. The partnership between the two Swedish companies is one of the first between […]
Polestar O2 roadster concept will enter production in 2026 as the Polestar 6, reservations open now
Polestar has added another car to its lineup of electric vehicles, announcing on Tuesday plans to make the O2 roadster concept a reality as the Polestar 6. The O2 Roadster concept was revealed earlier this […]
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