Polestar

Luxury Polestar 3 SUV Price Drops to $73,400 – Full Specs and Features Included!

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Los Angeles, California – Polestar has announced new pricing details for its upcoming midsize electric three-row SUV, the Polestar 3, signaling a departure from its original price projections. The Polestar 3, initially expected to start at $83,900 in the luxury vehicle segment, will now start at $73,400 for the Long Range model with all-wheel drive. In a move that reflects the evolving landscape of electric vehicle sales, Polestar’s decision to lower the starting price of …

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Volvo Shares Surge 20% After Announcing Split from Polestar – What it Means for the Luxury Car Market and Geely Holdings

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Seoul, South Korea – Shares of Volvo Cars surged over 20% on Thursday after the Swedish automaker announced its decision to cease funding subsidiary Polestar Automotive. The decision comes as Volvo reported a 10% year-on-year increase in fourth-quarter net sales, bringing its full-year 2023 total to 552.8 billion krona. Adjusted operating income also saw a significant jump, rising to 18.38 million krona from 12.17 million for the same period in 2022. Volvo Cars indicated that …

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