Volvo drops support for Polestar

[Hussman]

Why Volvo has pulled the plug on its electric car brand

Polestar remains stuck in the red as battery-powered vehicles lose their illustrious shine

www.telegraph.co.uk

Do you think this is the start of an exodus away from EVs?

Seems to be a distinct loss of momentum in the market currently.

Has ideology has finally met reality?

 

[bigmike20vt]

Volvo CEO says what lack of EV demand? Electric car orders are strong

A lack of demand for EVs? Not so fast. Volvo CEO Jim Rowan says new electric models will continue fueling...

electrek.co

I dont know why but maybe it is because volvo have their own range of impressive EVs ?

 

[SDK^]

Shock - a new car company takes a while to turn a profit !

This is non-story, just pure click-bait !
Geely own both Volvo and Polestar so funding is secure.

 

[Jonnycoupe]

Both owned by Geely then...

And they dont want the brands confused and competing they need to complementary.

 

[Robbo]

Shock - a new car company takes a while to turn a profit !

This is non-story, just pure click-bait !
Geely own both Volvo and Polestar so funding is secure.

I was about to say the same, seems a total non-story.

 

[a1ex2001]

I was about to say the same, seems a total non-story.

Source of the OP’s article tells you all you need to know! The Torygraph is pandering to it’s readership nothing to see here!

 

[disfunktion]

Makes no odds really. We have a Polestar depot near us and I constantly see new ones being driven to the Volvo dealer on a daily basis for collection - albeit driven like they are stolen on trade plates and transport wrapping still on.