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MicroVision buys assets of troubled lidar maker Luminar for $33M
Yahoo Finance· 2026-02-24 13:50
Just over five years ago, Luminar was seen as a leading developer of long-range lidar technology. In March 2020, Volvo Cars signed a framework purchase agreement with Luminar that officially designated the company as the sole provider of lidar technology for the automaker’s next-generation global vehicle platform. The deal helped Luminar gain the confidence of investors leading up to its high-profile November 2020 IPO.In addition to competition from China, the mass-market deployment of autonomous driving in ...
Polestar outlines four-model EV expansion through 2028
Yahoo Finance· 2026-02-19 13:03
Geely-owned Polestar has set out plans to broaden its electric vehicle (EV) portfolio with four new models scheduled between 2026 and 2028, as part of its next growth phase. It represents what the Swedish EV manufacturer described as “largest” product expansion in its history. The rollout will begin with the Polestar 5 four-door grand tourer, with deliveries due to start in summer this year. Later this year, in the fourth quarter, the company intends to introduce a new variant of the Polestar 4 SUV to ...
Polestar Automotive Holding UK PLC (PSNY) Discusses Major Product Expansion and Sales Growth Strategy Update Transcript
Seeking Alpha· 2026-02-18 17:45
Core Viewpoint - Polestar has announced its most significant product offensive, highlighting a successful year in 2025 with strong sales growth and a solid foundation for future expansion [1][2]. Group 1: Company Performance - In 2025, Polestar achieved its best sales year ever, marking a year of dedicated execution and growth [1]. - The company experienced a global sales growth of 34%, with over 50% growth in its home market of Europe [2]. - Polestar operates with a small team of less than 2,000 employees across 28 markets, positioning itself as a competitive player in the automotive industry [2]. Group 2: Market Position - Polestar is recognized as Europe's only pure electric vehicle (EV) player, focusing on delivering electric performance cars [1]. - The company views itself as the "David" in the automotive industry, competing against larger "Goliath" companies [2].
Polestar Automotive (NasdaqGM:PSNY) Update / briefing Transcript
2026-02-18 13:02
Polestar Automotive (NasdaqGM:PSNY) Update / briefing February 18, 2026 07:00 AM ET Company ParticipantsAnna Gavrilova - Head of Investor RelationsFredrika Klarén - Head of SustainabilityGiacomo Reghelin - Equity Research Senior AssociateMichael Lohscheller - CEOPhilipp Römers - Head of DesignStephanie Johansson - HostNone - Video NarratorConference Call ParticipantsAndres Sheppard - Managing Director and Senior Equity AnalystCamille Obeid - Equity Research AnalystStephanie JohanssonHello, everyone, and wel ...
极星汽车(PSNY.O):凭借稳健的策略,预计2026年零售销量将实现低两位数增长。
Jin Rong Jie· 2026-02-18 11:33
极星汽车(PSNY.O):凭借稳健的策略,预计2026年零售销量将实现低两位数增长。 ...
X @Bloomberg
Bloomberg· 2026-02-18 11:28
Polestar expects growth in deliveries to slow this year, tailoring sales to a volatile EV market https://t.co/HZOT7zGRjF ...
Polestar leans on revamped models to conserve cash and boost European sales
Reuters· 2026-02-18 11:03
Electric vehicle maker Polestar will roll out refreshed versions of its top-selling Polestar 2 and 4 models over the next year to support European sales, it said on Wednesday, choosing quick, lower-co... ...
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2026-02-09 05:25
Polestar’s new 2026 campaign ad takes pointed, unnamed shots at Elon Musk, Tesla, and its ventures, framing the EV choice as “past distractions” vs. Polestar’s grounded, Earth-focused future.Key sarcastic lines include:• “Choose conquering Mars (good luck with that).” — Mocking Musk’s SpaceX Mars colonization goals as unrealistic fantasy.• “Choose popcorn Robots.” — A jab at Tesla’s Optimus humanoid robot, referencing viral clips of it handling popcorn at events and demos.• “Choose ignoring the science.” — ...
Polestar secures $400M after record sales year
Yahoo Finance· 2026-02-03 10:00
This story was originally published on WardsAuto. To receive daily news and insights, subscribe to our free daily WardsAuto newsletter. Polestar will receive a $400 million cash infusion from investors to help boost its liquidity, following a record sales year in 2025, the electric vehicle maker announced on Monday. Two financial institutions make up the investors: Feathertop Funding Ltd., a special purpose vehicle created by the Sumimoto Mitsui Banking Corp., and the Standard Chartered Bank (Hong Kong) ...
Polestar attracts new $400m equity finance
Yahoo Finance· 2026-02-02 12:42
Geely-owned Polestar has announced a USD400 million equity investment by Feathertop Funding Limited, a special purpose vehicle consolidated to Sumitomo Mitsui Banking Corporation, and Standard Chartered Bank (Hong Kong) Limited – at USD 200 million each. Concurrent with the purchase, the two financial institutions have each entered into a put option arrangement with a wholly-owned subsidiary of Geely Sweden Holdings AB, which provides the financial institutions with an exit path, if needed, in three years ...