Polestar (PSNY) Q4 earnings: EV production ramps up

Polestar 3 Courtesy: Polestar Swedish electric vehicle maker Polestar cut its annual net losses in half last year, while revenue surged and it attempted to set itself apart from other EV startups. The...

Chinese EV brand Zeekr is now worth more than Xpeng

Pictured here is a Zeekr electric vehicle charging station in Dongguan, Guangdong province of China, on Nov. 14, 2022. Vcg | Visual China Group | Getty Images BEIJING — Geely-backed electric car brand...

Renault slashes Nissan stake as the automakers overhaul their decades-long alliance

Renault and Nissan automobile logos are pictured during the Brussels Motor Show on January 9, 2020 in Brussels. (Photo by KENZO TRIBOUILLARD/AFP via Getty Images) Kenzo Tribouillard | Afp | Getty Imag...

Renault plans to harness geothermal energy and help heat plant

A Renault logo photographed in Bavaria, Germany. The French automotive giant says it’s targeting carbon neutrality in Europe by 2040 and globally by 2050. Igor Golovniov/Sopa Images | Lightrocke...

Lower operating loss, confirms guidance

Polestar 3 Courtesy: Polestar Swedish electric-vehicle maker Polestar said Friday that its third-quarter operating loss narrowed from a year ago as revenue more than doubled, and it confirmed that it ...

Renault is betting the market for gasoline cars will continue to grow

Renault sees the internal combustion engine continuing to play a crucial role in its business over the coming years, according to a top executive at the French automotive giant.   On Tuesday, it was a...

Polestar confirms it will deliver 50,000 electric vehicles in 2022

Polestar, the Swedish electric performance car company, has announced that the world premiere of its next car, the Polestar 3 electric performance SUV, will be in October 2022. Polestar 3 is the compa...

Polestar 6 roadster confirmed for 2026 production

Polestar O2 electric roadster concept Source: Polestar Swedish electric vehicle maker Polestar said Tuesday that a popular electric roadster that it showed off earlier this year will officially go int...

Self-driving tech company Pony.ai plans to deliver robotrucks in China

Self-driving tech start-up Pony.ai announced Thursday it plans to mass produce autonomous driving trucks with equipment manufacturing giant Sany Heavy Industry. Pony.ai BEIJING — Self-driving tech sta...

Polestar confirms it’s on track to meet 2022 deliveries guidance

Attendees view a Polestar 2 electric vehicle (EV) during the Electrify Expo in Irvine, California, U.S., on Saturday, Sept. 18, 2021. Jill Connelly | Bloomberg | Getty Images Swedish electric vehicle ...

Polestar (PSNY) stock debuts on Nasdaq after SPAC merger

Shares of Polestar made their public-market debut under the ticker “PSNY” on Friday, making it the latest electric vehicle maker to go public via a merger with a special purpose acquisitio...

Chinese automakers want to bring assisted driving to the masses

Jidu, Baidu’s electric car venture alongside Geely, revealed its first concept car on June 8, 2022. Baidu BEIJING — As Chinese companies race for a slice of the world’s largest car market,...

EV startup Polestar signs deal to supply up to 65,000 vehicles to Hertz

Swedish EV startup Polestar will supply up to 65,000 vehicles to Hertz over five years, the two companies announced on April 4, 2022. Swedish electric vehicle maker Polestar will supply up to 65,000 v...

China’s Baidu, Geely put nearly $400 million into electric car venture Jidu

An outline of Jidu’s concept car is pictured here. Jidu is the electric car company set up by Chinese internet giant Baidu and automaker Geely. Jidu plans to begin mass production and deliveries...