Back in 2017, Swedish automaker Volvo announced it would spin off its Polestar performance sub-brand into a standalone company, aimed at selling electric vehicles. The move seemed odd at the time, ...
Amidst the rapidly shifting tides of the global electric vehicle industry, Volvo Cars has decided to pull the plug on its financial support for Polestar, the electric car manufacturer it co-founded ...
Polestar was once the name of a Swedish racing team that had become part of Volvo. But in 2017, it became a separate company making fully electric luxury cars and it is, more and more, pulling itself ...
Volvo revealed Thursday that it has cut off funding for its electric vehicle subsidiary Polestar — despite the fact it was among the first automakers to embrace electric cars. Shares of Swedish ...
Polestar's CEO, the former head of design at Volvo, is out. He brought Volvo's concepts with him to Polestar when the brand was launched. Now, Volvo is behind the curve and Polestar is spinning its ...
Should Volvo take EV maker Polestar (PSNY) private? Investment research firm Bernstein says it may make more sense. Polestar built high-performance vehicles alongside Volvo for over two decades. After ...
There’s no shame if you’ve never heard of Polestar yet. But here’s everything you need to know to have the inside scoop on this growing electric car brand. It’s complicated. Broadly, Volvo is the ...
When you’re a relatively small player in the global automotive market, it might seem risky (or even pointless) to invest valuable assets in a performance model that could become an epic fail.However, ...
Topline: Volvo Cars is launching a new upgraded electrified performance option called Polestar Engineered, which is specifically developed for the new S60 sedan, V60 wagon, and XC60 crossover equipped ...
Volvo ran a Super Bowl promotion earlier this year, promising to give away $1 million worth of free cars if a member of either team scored a safety. You could pick from any Volvo, you just had to do ...
After graduating with an MBA, Jared pursued his love of cars by becoming an automotive journalist. An internship with CarBuzz grew into his current position as Editor At Large. Jared now flies around ...