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2023-04-08 05:29:00 ET Summary Global electric car sales Feb. 2023 were up 49% YoY to 14% share. China sales up 56% YoY to 33% share. Europe up 14% YoY to 20% share. EV market news - EV demand sentiment was weighed on by some automakers in China heavily discounting ICE vehicles in...
2023-04-06 13:11:38 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Electric vehicle (EV) manufacturer Polestar Automotive (NASDAQ: PSNY ) is known for catering to luxury car buyers. There are benefits and drawbacks to this approach. ...
2023-04-06 07:34:22 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips As I write, gold has surged above $2,000 an ounce. Among the various reasons for the rally, the precious metal is discounting potential expansionary policies in the second half of 2023. Assum...
2023-04-06 07:20:25 ET Polestar Automotive Holding UK PLC ( NASDAQ: PSNY ) global volumes delivery momentum continues in 1Q23. The Swedish electric performance car brand delivered ~12K vehicles, up almost 26% Y/Y, reflecting the usual seasonality affecting deliveries. ...
Polestar Automotive Holding UK PLC (“Polestar” or the “Company,” Nasdaq: PSNY), the Swedish electric performance car brand, reports its global volumes for the first quarter of 2023. This press release features multimedia. View the full release here: https://www.b...
2023-04-05 11:46:25 ET An analysis by UBS indicates that automakers could be headed for overproduction amid normalizing supply chains, reversing the trends that caused prices to soar in recent years. The analysis offered by a team of analysts led by Patrick Hummel pointed to global prod...
2023-04-04 09:00:47 ET Summary Tesla grew production and sales, but it appears that the company needs to maintain price cuts to grow. The company is rapidly seeing increased competition from both new companies at the top end and existing car companies ramping up production. We...
Relative CO 2 e-emissions reduced by eight percent compared to 2021, during a year of record global volume growth Polestar on track towards its climate goal of halving emissions by 2030 Updates include increased traceability on risk materials and new partners to the Polestar 0 project...
2023-04-03 01:00:53 ET Summary Polestar is now down nearly 30% year to date. It is one of the most exciting emerging car manufacturers in the EV industry, and its opportunities are huge. The latest earnings showed substantial progress with strong revenue growth and an improved...
2023-04-02 08:27:59 ET Summary Ford CFO John Lawler told investors to think of Ford's EV unit Model e as an EV startup, as the company is working to quickly scale volumes. Ford's recast financial statements show that while losses are growing this year, Ford is targeting a quick sh...
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Polestar (Nasdaq: PSNY) is once again at Goodwood Festival of Speed showing its expanded model line-up with the new Polestar 3 and Polestar 4 electric SUVs joining the Polestar 2 centre stage. Star of the show is the Polestar Concept BST, making its global debut at the famous motoring festival. I...
Polestar (Nasdaq: PSNY) has received notice from the Nasdaq Stock Market LLC that the Company is not currently in compliance with the $1.00 minimum bid price requirement, as set forth in Nasdaq Listing Rule 5450(a)(1). This press release features multimedia. View the full release here: http...