Should Volvo take Polestar (PSNY) private? Investment research firm weighs in

Should Volvo take EV maker Polestar (PSNY) private? Investment research firm Bernstein says it may make more sense.
Expand Expanding CloseShould Volvo take EV maker Polestar (PSNY) private? Investment research firm Bernstein says it may make more sense.
Expand Expanding CloseLast week, a 2024 Polestar 2 was dropped off in front of my apartment in downtown Berlin — less than a kilometer from the center of Mitte, the most urbanized area of the German capital city. I’d never driven an EV in Germany before. Over 1000 kilometers later, including a lot of time on the speed limit-free Autobahn, I got pretty familiar with the latest version of the Polestar — a car I first drove almost three years ago.
Expand Expanding ClosePolestar posted its 2023 delivery numbers and, as expected, it’s a mixed bag for the luxury performance EV brand. With the company only meaningfully selling a single vehicle model — its Polestar 2 sedan — deliveries totaled 54,600 cars for 2023. And in Q4 of the year, the pace of deliveries slowed substantially, down to 12,800 cars (annualizing to a rate of 51,200).
Expand Expanding CloseIf you want to try an EV out before getting locked into a long-term contract, there’s an option for you. EV micro leases are taking off, giving shoppers added flexibility with new models launching next year.
Expand Expanding CloseUp-and-coming Chinese EV maker NIO is partnering with Geely, the company behind Volvo, Polestar, and several other brands for EV battery swapping.
Expand Expanding CloseThe Polestar 4 was unveiled just over six months ago, and now Polestar has completed the first production example of the rear-windowless CUV coupé at its Geely-operated factory in China.
Expand Expanding ClosePolestar has announced that its upcoming Polestar 4 EV will be contract manufactured in a factory in Busan, South Korea. Heretofore, Polestar’s vehicles have been assembled in China.
Expand Expanding ClosePolestar has announced that it will create two large trial virtual power plants in California and Gothenburg, Sweden, to examine how Polestar 3’s vehicle-to-grid capability could be leveraged to help stabilize grids and earn money for EV owners while their vehicle is parked.
Expand Expanding CloseSwedish EV maker Polestar (PSNY) said it expects to hit the lower end of its 2023 delivery target on Wednesday. Despite the lower expectations, Polestar says new EV launches will drive up demand. Its first electric SUV coupe, the Polestar 4, begins production next week.
Expand Expanding ClosePolestar is bolstering the incentives with its new Flexible Lease program. Through the program, the 2024 Polestar 2 is available to lease for $349 per month. The best part is that you can end the lease after five months and five payments.
Expand Expanding CloseSwedish EV maker Polestar just released its first Life Cycle Assessment (LCA) for the brand’s SUV crossover Polestar 4, which the company says emits as little as 19.4 tonnes of CO2 equivalent. Made in China, the model ranks as having the smallest carbon footprint in the company’s four-vehicle lineup.
Expand Expanding CloseJust in time for NFL Thursday Night Football, Polestar 2 owners will be able to tune in and watch the game on Amazon Prime Video from the comfort of their… EVs. Just months after adding Google’s YouTube app to its operating system, Polestar is following up by adding another major streaming app in Prime Video.
Expand Expanding CloseUp-and-coming EV maker Polestar (PSNY) is launching a smartphone in December as its first electric SUV, the Polestar 4, begins rolling out in China.
Expand Expanding CloseAs Polestar will begin deliveries of the 2024 model year version of its flagship 2 sedan, we got the invite to Denver, Colorado, to not only test the sporty dual-motor but to also test the automaker’s new single-motor version, which includes rear-wheel drive.
Expand Expanding CloseSwedish EV maker Polestar presented the Polestar Synergy electric fantasy supercar at IAA Mobility in Munich on Monday. The electric supercar combines three winning designs from Polestar’s latest competition.
Expand Expanding CloseSwedish performance EV maker Polestar (PSNY) reported its Q2 2023 earnings on Thursday, showing widening losses as production scales. Polestar is entering an “exciting” growth phase with two highly anticipated EVs scheduled for production.
Expand Expanding CloseEV automaker Polestar and autonomous technology developer Mobileye have announced they are collaborating together to integrate the latter’s Chauffeur platform on the Polestar 4. As the new SUV coupe launches overseas, Mobileye looks to bring autonomous driving to the vehicle soon.
Expand Expanding CloseUp-and-coming EV maker Polestar (PSNY) just announced a significant production milestone. The Swedish EV maker’s 150,000th Polestar 2 electric sedan rolled off the assembly line Wednesday as it expands the brand globally.
Expand Expanding ClosePolestar is bringing the heat to this year’s Goodwood FOS with several models making their debut, including its first electric SUV, the Polestar 3, and the latest Polestar 5 prototype.
Expand Expanding CloseEV maker Polestar (PSNY) delivered roughly 15,800 vehicles in the second quarter of 2023, up 31% from Q1. Polestar’s stock is trending, up 5%, following the rising deliveries.
Expand Expanding ClosePolestar drivers are gaining access to Tesla’s Supercharger network. Swedish EV maker Polestar (PSNY) announced Thursday it’s officially adopting Tesla’s NACS connector.
Expand Expanding CloseSwedish EV maker Polestar (PSNY) is teaming up with Chinese tech company Xingji Meizu Group to advance its own in-car operating system (OS) designed for buyers in China.
Expand Expanding CloseEV maker Polestar revealed Tuesday that the 2024 Polestar 2 will start at $51,300 (including destination fee). Although the price is slightly higher than last year’s model, the 2024 version includes more range and new features.
Expand Expanding CloseThis morning, Polestar began rolling out over-the-air software update P2.9 to Polestar 2 drivers around the globe. The update features the addition of YouTube integration, plus enhancements to both Range Assist and Apple CarPlay functions.
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