Get the latest tech news

Polestar digs in for another grim year


Volvo spinoff Polestar had a rough 2024, and 2025 looks like it could be just as difficult. The EV maker announced Thursday that it expects to generate

Polestar also announced Thursday that it has to re-do all of its financial statements dating back more than two years because of accounting errors related to the tooling it uses to build cars. Sean O’Kane is a reporter who has spent a decade covering the rapidly-evolving business and technology of the transportation industry, including Tesla and the many startups chasing Elon Musk. He previously worked at The Verge, where he also covered consumer technology, hosted many short- and long-form videos, performed product and editorial photography, and once nearly passed out in a Red Bull Air Race plane.

Get the Android app

Or read this on TechCrunch

Read more on:

Photo of Polestar

Polestar

Photo of grim year

grim year

Related news:

News photo

Polestar announces Polestar 7 SUV amid flagging sales and regulatory hurdles

News photo

US finalizes rule to effectively ban Chinese vehicles, which could include Polestar

News photo

The Polestar 3 with rear-wheel drive and 350 miles of range will start at $68,900