Recently, we reported that Polestar did not reach set sales targets for last year and that the major bank SEB classified Polestar as worthless during an analysis. Polestar’s decline affects Volvo Cars, which has a large stake in the electric car manufacturer, which it has supported financially for several years. Now Volvo Cars wants to … Read more
Polestar has chosen an unusual tactic when it comes to naming its models. This is not due to the names themselves, because the cars are simply given a number. However, where such a number indicates the positioning of many other brands – a low number is a smaller and cheaper car, a high number a … Read more
Cars and software prove to be a difficult exercise, designing a so-called software-defined car is even more difficult, writes TechCrunch. Several players have experienced major problems where cars have to be recalled after locking up completely, or other unpleasantness with the vehicle. Now Polestar and Volvo are in the middle of a software drama and … Read more
The brand’s fastest model offers a number of interesting features, including the absence of a rear window. Why did the car company take this decision? The Polestar company showed off the new Polestar 4 electric crossover at the ongoing Shanghai Auto Show, which is the fastest model in its history. In addition, it also offers … Read more
These manufacturers may disappear from the map very soon Car brands come and go. For some of them, many people suffer and feel as if they have lost something valuable. Some brands carry cultural weight with them and leave a void in their wake. Almost no one can think of others. The new conditions in … Read more
New car registrations in Germany fell 10 percent to just over 207,000 in May, according to figures from the German Road Statistics Bank KBA. It is the weakest month since May 2020 when the pandemic was in its infancy. The decline is due to challenges in the value chain, especially related to the lack of … Read more
Polestar is constantly taking small steps away from Volvo. Polestar 2 and Volvo XC40 are in reality the same car with different shapes. In a few years, Polestar’s cars will to a much greater extent have their own identity – both in technology and design. Polestar’s concept car Precept is an example of this. It … Read more
Polestar from the Volvo Car Group is preparing to acquire a special-purpose company, or SPAC, Gores Guggenheim. He stated it Wall Street Journal with reference to persons familiar with the matter. An agreement to sell Polestar shares on the stock exchange would value the company at $ 21 billion. – SPAC stands for “special purpose … Read more