PSNYW News and Press, Polestar Automotive Holding UK Limited Class C-1 ADS (ADW)

2024-07-16 07:02:38 ET Summary Zeekr's IPO was in May. I rate it a "hold" because it is not a stand-alone company but rather an integral part of the Geely group. For years, Geely was China's dominant private car company. The Geely group has regained traction and is now 3rd, behind...

2024-07-02 11:30:25 ET Polestar Automotive Holding UK PLC (PSNY) Q1 2024 Earnings Conference Call July 02, 2024 08:00 AM ET Company Participants Thomas Ingenlath - CEO Per Ansgar - CFO Bojana Flint - Head of IR Conference Call Participants Tobias Beit...

2024-06-27 06:15:00 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips The EV industry has seen slowed growth in the recent past as the rise in inflation, financial costs and increased consumer skepticism reduce demand and slow down sales growth. Many new industry...

2024-03-06 11:52:43 ET Summary Global electric car sales Jan. 2024 up 63%YoY to 16% share. China sales up 95% to 32% share. Europe up 26% to 20% share. USA up 19% to 9.8% share. EV market news - Adamas Intelligence: What electric car slowdown? Global EV industry is breaking record...

2024-02-06 15:17:12 ET Summary Global electric car sales Dec. 2023 up 40%YoY to 22% share. China sales up 46% to 37% share. Europe down 29% to 28% share. USA up 42% to 9.8% share. EV market news - A record 1.2 million BEVs were sold in the U.S. Britain ZEV mandate thresholds rise ...

2024-01-10 04:45:14 ET Summary The EV auto industry is facing headwinds not only in the U.S. but also in Germany as the German government decided to terminate a seven-year subsidy program. Recently, we have seen the downward revisions made by three of the largest automobile compan...

2024-01-08 06:27:49 ET Summary Global electric car sales Nov. 2023 up 31%YoY to 19% share. China sales up 39% to 42% share. Europe down 2% to 26% share. USA up 30.6% to 9.23% share. EV market news - Electric vehicle sales in US to hit record in 2023. U.S proposes Foreign Entity Of...

2023-12-08 14:17:07 ET Summary Global electric car sales Oct. 2023 up 37%YoY to 17% share. China sales up 41% to 39% share. Europe up 24% to 25% share. USA up 26% to 9.4% share. EV market news - Electric vehicles and hybrids grow to a record-high 18% of U.S. light-duty vehicle sal...

2023-11-30 02:38:39 ET Summary Polestar expects to deliver 60,000 electric vehicles in FY 2023, lower than the previous guidance of 60,000-70,000. The company delivered 13,900 EVs in Q3, showing a 50% YoY growth rate, driven by strong demand for the Polestar 2. Polestar's reve...

2023-11-27 21:02:45 ET Summary Polestar’s revenue has grown at a CAGR of 85%, as strong product development, battery innovation, and benefits from its relationship with Volvo and Geely have allowed it to gain market. We expect strong growth to continue, as the company incre...