Polestar Automotive Stock News

MAHWAH, N.J.--(BUSINESS WIRE)--Polestar, the Swedish premium electric performance car brand, has delivered its first U.S.-built Polestar 3 SUVs to customers in the North American market. Deliveries of Polestar 3 began around the U.S. and Canada in the past few weeks and now units manufactured in the South Carolina plant have begun as well. The SUV for the electric age plays an important role in...

GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) now offers its customers access to 17,800 Tesla Superchargers across North America, complementing its existing offer in Europe and China. Future Polestar cars in North America will adopt the NACS inlet as standard equipment and until then, Polestar owners can order a NACS adapter through their local Polestar Service Center. In additio...

The Swedish premium automakers will begin offering NACS adapters for their 2025 model year electric SUVs starting on Nov. 18.

Polestar said on Monday that a proposed Biden administration rule to bar the use of Chinese vehicle hardware and software would "effectively prohibit" the automaker from selling vehicles in the United States.

Should you invest in this unloved electric vehicle maker?

The EV maker has faced numerous challenges over the past year, and a new management team will look to right the ship.

Polestar said on Friday that it expected to achieve a positive gross profit margin in the fourth quarter despite its electric vehicle deliveries falling 14% in the third quarter.

GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) delivered approximately 11,900 cars in the third quarter, taking total deliveries for the first nine months of the year to 32,300 (2023: 41,844). Michael Lohscheller, Polestar CEO, says: “Polestar has a great foundation to build upon, with access to the best EV technology, a global manufacturing capability and strong support from Geel...