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Polestar reports 40% drop in Q1 deliveries to 7,200 vehicles, anticipates stronger second half as deliveries of luxury SUVs ramp up; maintains 2025 delivery goal of 155,000-165,000 vehicles

Polestar's second model, the Polestar 2, will be replaced by the seventh car in the range, named Polestar 7, according to company boss Thomas Ingenlath; the model is set to be released in the late 2020s

Several large industry players and several universities to collaborate on Mission 0 pilot project to develop technologies and solutions to eliminate future GHG emissions from different value chains

Pricing for 2025 Polestar 3 EV starts at US$74,800, less than the US$85,300 price for the 2024 model; the long-range, dual-motor model with the Pilot Pack now serves as the base model, with other options included for additional charges

Polestar joins Tesla in quitting Australia's FCAI automotive lobby over dispute on new fuel efficiency standards; FCAI states new regulations could increase the price of the average vehicle by US$8,500 and would penalize affordable vehicles

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