Volvo shares fall after it sets out to dilute stake in Polestar

A Polestar Roadster concept electric vehicle during the Singapore Motorshow in Singapore, on Thursday, Jan. 11, 2024. The show runs through Jan. 14. Photographer: Lionel Ng/Bloomberg via Getty Images Lionel Ng | Bloomberg | Getty Images Shares of Volvo Cars dipped on Friday, after the company said it would dilute its stake in electric vehicle … Read more

Polestar tackles softening EV demand with new tech and next-gen vehicles

Polestar showcased this week its vision for the future: new tech and next-generation vehicles that the Swedish EV company owned by China’s Geely Holdings hopes will spark sales and spur an era of growth. The inaugural Polestar Day event in Los Angeles — designed to sell investors and journalists on its potential for a profitable … Read more

Swedish EV maker Polestar plans personal smartphone launch in China

A Polestar 4 electrical SUV is on show through the twentieth Shanghai Worldwide Car Trade Exhibition on the Nationwide Exhibition and Conference Middle (Shanghai) on April 18, 2023 in Shanghai, China. Vcg | Visible China Group | Getty Photos MUNICH — Swedish electrical automobile maker Polestar plans to launch a smartphone in December alongside deliveries … Read more