Polestar sold just 7,200 vehicles in the first quarter of 2024, nearly 4,900 fewer than it did a year ago
The company will continue the chronological naming strategy for its future entry-level EV that will rival the Tesla Model 3
The Polestar 4 eschews a rear window and asks drivers to rely on a digital rearview mirror and a handful of driver assistance systems
The carmaker has not yet said when its future BST models will launch but they should follow a similar recipe to the Polestar 2 BST
The Polestar 4 will go on sale next month and arrive at dealerships late this year
The Polestar 3 will now begin at $73,400 and offer a range of 315 miles
Geely needs to raise funds as it plans to go global, but investor confidence isn’t quite there yet
Own a Tesla, Rivian, or an Audi EV? You could be eligible for an extra $1,000 in discounts if you get into a BMW EV
Where some automakers see an EV demand crisis, Polestar sees an opportunity, but is its optimism justified?
The firm says the funding from 12 international banks will finance its next stage of vehicle development
Volvo is reducing its Polestar stake and will use the funds to invest in its own projects
The winning design will spawn a 1:64 scale Hot Wheels model that will be available for purchase
Rental firm has been stung by the heavy depreciation and repair costs affecting EVs
Out of the 23 electric cars tested in Norway, only one had a decrease of less than 6% in driving range, while the rest lost between 12 and 32%
The flagship Polestar 4 has two electric motors producing 544 hp and can hit 100 km/h in 3.8 seconds
Volvo is looking to sell its shares in Polestar and focus instead in the development of its own next-gen models
While the firm is publicly traded, Geely and Volvo still own 88% of shares and 93% of the voting rights
Car hire giant is slimming its electric lineup, which it says cost too much to fix when customers have a prang
