Polestar Delays EV Launch, Cuts Volume Forecast: Volvo Also Impacted

📆 5/11/2023 6:27 PM
📰 InsideEVs

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Polestar Delays EV Launch, Cuts Volume Forecast: Volvo Also Impacted via insideevs.com

As far as Polestar's volume is concerned, it's now looking at about 60,000 to 70,000 units for 2023 as a whole. Previously, the company was guiding around 80,000 deliveries. In 2022, Polestar delivered a total of 51,491 vehicles.

Sadly, the Swedish automaker also shared that it must cut some 300 jobs or a total of around 10% of its global workforce. Nonetheless,"I am confident that we will deliver on our growth ambitions and path towards profitability."Volvo EX90 Excellence Debuts As Two-Row, Four-Seat Electric Luxury SUVnotes that Polestar retailers currently only have a single model to sell, and now with the extended delays, they're going to be under even greater pressure.

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