Polestar

Polestar is defying the odds in the new era of electric vehicles. The company’s first electric SUV, the Polestar 3, is, indeed, a vehicle for the modern era, proving EVs don’t need a front grille with what it calls the “SmartZone.”

Chinese automotive conglomerate Geely Group has posted its annual sales results for 2022, which accounted for more than 2.3 million vehicles sold and nearly 5% growth overall. Although not all of those sales were all-electric models, EVs accounted for nearly a third of them. Here’s how each of the Group’s EV brands performed in 2022.

Polestar and Toyota are at two opposite ends of the EV spectrum. The former is building some of the world’s most sustainable electric vehicles, while the latter has been openly opposed to going all-electric. At a recent media briefing, Polestar’s head of sustainability, Fredricka Klaren, took aim at Toyota and its EV strategy (or lack thereof), claiming anything but a fully electric future will fail to address climate change.

This morning at CES in Las Vegas, NVIDIA shared details of its new GeForce NOW cloud gaming service coming to a bunch of EVs from well-known automakers. Furthermore, NVIDIA shared that additional automakers like Foxconn and Mercedes-Benz intend to implement its computing technology into EV design and automated production.

Polestar (PSNY) has been executing all year, and according to CEO Thomas Ingenlath, the hard work is paying off – the company just surpassed its electric vehicle delivery goal for 2022.

Two Swedish EV brands today announced the release of a new electric moped version designed to slice through city traffic and look good while doing it. Electric car maker Polestar and electric motorbike maker CAKE have teamed up to release a new Polestar limited-edition of the CAKE Makka e-moped.

According to news from Polestar this morning, North American 2 owners can now access a performance software update that permanently bolsters the horsepower and torque of their EV. The automaker also says those who purchase the upgrade should see increases to the EV’s mid-range acceleration.

Swedish electric automaker Polestar has toyed around with two-wheelers before, but the company looks set to embark on its most ambitious bike project yet with a new electric bicycle model.

Polestar (PSNY) is gearing up to launch its new electric sports car, the Polestar 6, in 2026. The Swedish electric vehicle maker calls it “the future of the sports car,” as Polestar wants it to go head-to-head against the Porsche 911 in dynamic driving.

Since it was first announced by Polestar this past June, I’ve been excited for an opportunity to get behind the wheel of its hand-tuned, performance-focused Polestar 2 BST edition 270. As the name of this elevated dual-motor EV eludes, only 270 units were made, and I was fortunate enough to test one out through the woods and beaches of Northern California. Here’s how it went.

Polestar (PSNY) recorded its first profit since going public in Q3 as the Swedish EV maker builds momentum heading into the end of 2022. Strategic cost-cutting measures and rising demand pushed Polestar into positive earnings territory as the company eyes 50,000 deliveries by year’s end while solidifying its position in the rapidly evolving global auto industry.

After months of anticipation, Polestar has pulled the entire sheet off its first-ever electric SUV, the Polestar 3. Today we have a multitude of new details surrounding the SUV to share, including estimated range, performance specs, and starting price. The Polestar 3 will also eventually be built in the US, begging the question whether some iteration of it will be able to qualify for federal tax credits.

About a month before it releases its full financial report for Q3 2022, Polestar has shared some of its global volumes to date, including deliveries. With production strains brought on by COVID-19 easing up in China where Polestar’s EVs are built, the automaker believes it can significantly bolster customer deliveries in Q4 and still reach its target volume of 50,000 units.

According to a recent revenue report, EV automaker Polestar brought in over $1 billion in revenue in the first half of 2022. That’s nearly 100% growth compared to the first half of 2021, offering further evidence that Polestar is poised to become a major contender in the EV market.

Two weeks after announcing its O² roadster concept would see scaled production as the Polestar 6, the EV automaker has announced that all 500 slots of its “LA Concept” edition are all spoken for. Even though its scheduled launch remains four years away, the appetite for the Polestar 6 is strong.

Two Swedish electric mobility companies are teaming up in the first ever battery deal between an electric car company and an electric boat maker. Polestar’s powerplants will find their way into two models of Candela’s flying electric boats, marking an industry first.

EV automaker Polestar continues to make headway toward becoming a major contender in the market. With a fiscally favorable first half of 2022 and an arsenal of novel EV models in its pipeline, the Polestar has announced its sporty O₂ roadster concept will become its latest production model, donned… wait for it… the Polestar 6.

Following a completed SPAC merger and fruitful first half of 2022, Polestar continues to ingrain itself in a growing EV market as a genuine contender. Although we won’t see the official debut of the Polestar’s next EV until October, CEO Thomas Ingenlath has shared the starting pricing of the Polestar 3. Additionally, Ingenlath shared insight on the pricing the Swedish automaker is aiming for on the Polestar 4.

Polestar is reporting a 125% increase in electric car sales during the first half of 2022. The small automaker that spun off from Volvo is becoming a quiet success in the EV space.

Months after initially announcing plans for a combined merger with Gores Guggenheim, Inc, Swedish EV automaker Polestar has successfully completed the task and has listed on the Nasdaq under ticker symbol $PSNY, beginning today.

At this year’s Goodwood Festival of Speed in England, Polestar will showcase multiple EVs, including a prototype of its upcoming Polestar 5 sports sedan. Joining it will be the original Precept concept that inspired the Polestar 5 as well as a limited-edition Polestar 2.