Polestar Automotive (NASDAQ:PSNY) reported $985.20 million in sales this quarter. This is a 67.12 percent increase over sales of $589.50 million the same period last year.
Polestar Automotive Holding UK Plc (NASDAQ: PSNY) shares are trading lower by 5.45% to $5.03 going into Wednesday's close amid weakness in EV stocks following mixed fourth-quarter results from Rivian Automotive Inc (NASDAQ:
Car rental company Hertz Global Holdings (NASDAQ: HTZ) saw shares trade higher Tuesday after reporting quarterly financial results. Here’s what one analyst has to say about the results and how electric vehicles could be helping the company.
New Pathway Report from Kearney shows that urgent action is needed to prevent the car industry from massively overshooting IPCC's 1.5-degree limit
Electrification alone is not enough: report recommends a 3-lever
Polestar Automotive Holding Uk Plc (NASDAQ: PSNY) shares are trading higher by 2.87% to $6.45 Friday morning amid strength in EV stocks after the Treasury Department announced it is raising the price cap for EV tax credits to $80,000.
What Happened With EV Tax Credits?
Polestar (Nasdaq: PSNY) and Luminar (Nasdaq: LAZR) are expanding their collaboration and integration of longrange LiDAR technology in future Polestar vehicles.
Swedish electric vehicle manufacturer Polestar Automotive Holding UK plc (NASDAQ: PSNY) on Monday reported strong deliveries for the fourth quarter and the full year and issued a positive outlook for 2023.