electric vehicle maker

Swedish Polestar misses 2023 delivery target amidst weak demand in China

January 12, 2024 - by Miabell Mallikka - Leave a Comment

Polestar Automotive Holding fell short of its 2023 delivery target, citing weak demand for higher-priced models in China as a reason for the shortage. The company delivered 54,600 vehicles last …

Automotive / Business in Asia / China / Sweden

Swedish-Chinese EV maker Polestar posts operating loss

September 1, 2023 - by Miabell Mallikka - Leave a Comment

Swedish-Chinese electric vehicle maker Polestar, founded by Geely and Volvo Cars, posted an operating loss of $274.4 million on Thursday, August 31. This is down from $627.3 million in 2022, …