Why fight the smartphone revolution? Volvo’s next car goes with ARM and Android.
How Volvo plans to maintain its safety rep while staying in the fast lane
Safety in modern cars is no longer simply a question of engineering. It’s a technology and design challenge that is dependent on sensors and software and hinges on a user experience that is clear and intuitive for drivers. So how does Volvo, a company synonymous with safety, convince customers that it’s innovative, forward thinking and […]
The Polestar Precept is a cypher for the EV automaker’s future
Polestar will spend the next three years executing a lofty electric vehicle launch schedule that will culminate with the Precept concept, a “Rosetta Stone” of sorts that provides a physical representation of the company’s future. Polestar, the former Volvo company that spun out to become its own brand, refers to the concept as its “manifesto.” […]
Here’s a first look at the new Polestar SUV and how it fits in the automaker’s three-year plan
From its motorsport beginnings to today, Swedish electric automaker Polestar has come a long way. According to CEO Thomas Ingenlath, the Volvo spin-off is just getting started. Ingenlath, along with members of the automaker’s leadership team, laid out a three-year plan for Polestar during a presentation in New York on Thursday that included an ambitious […]
The 2022 Polestar 2 is more appealing, affordable and repairable
When Polestar launched its first all-electric vehicle last year, it came in a single flavor: a dual-motor, all-wheel-drive configuration that cost around $50,000 before incentives. Next year, the automaker is adding some variety. Polestar is rolling out a more affordable, single-motor, two-wheel-drive version of the sedan that still offers many of the features of the dual-motor […]
Geely’s Volvo Cars will file for initial public offering on Stockholm’s Nasdaq
Volvo Cars, the Swedish carmaker owned by China’s Zhejiang Geely Holding, said Monday it would file for an initial public offering and list on the Nasdaq Stockholm exchange, in a transaction that’s expected to raise up to $2.9 billion (25 billion Swedish kroner). The deal could value the automaker at up to $25 billion, The […]
Equity Monday: Instagram pauses youth product as Amplitude, Warby Parker prep public offerings
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You […]
Swedish EV-maker Polestar reportedly preparing to go SPAC at $21B valuation
Swedish electric vehicle maker Polestar is reportedly preparing to go public via special purpose acquisition with Gores Guggenheim Inc., reports the Wall Street Journal citing people familiar with the matter. The SPAC deal, which sources say could be reached by Monday, would value Polestar at $21 billion. Polestar falls under Volvo Car Group’s electric performance […]
The Station: Gogoro scoots into a SPAC, a Rivian milestone and Tesla prepares to unleash FSD beta software
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. The […]
Polestar to double its retail stores as it seeks to ramp up EV sales
Polestar plans to launch in nine more markets this year, doubling its global presence as it seeks to sell more of its electric sedans.