Polestar named Michael Lohscheller its new CEO as the electric vehicle maker seeks to stem deepening losses and fix ongoing operational problems.
August 28, 2024Business, Technology, Autonomous
Polestar Names Ex-Nikola Chief Lohscheller as New CEO
Government, Business, Technology
Polestar Starts US Production to Sidestep Steep EV Tariffs
Polestar Automotive Holding UK Plc has started production of its Polestar 3 sport utility vehicle in the U.S. to sidestep the nation’s tariffs on Chinese-made electric vehicles.
August 14, 2024Business, Technology
Polestar Plans Cuts as EV Tariffs Deepen Loss
Polestar Automotive Holding UK Plc is making more cost cuts after losses deepened in the first quarter as tariff barriers grow and price pressures increase for electric vehicle makers.
July 2, 2024Business, Technology
Polestar Loss Deepens to $1.46B Amid Slowing EV Demand
Polestar Automotive Holding UK Plc reported deepening losses for last year as the EV maker faced weaker demand amid organizational challenges that delayed its earnings report.
June 28, 2024