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Polestar

Polestar 2 through 5 and the Geely-Volvo orbit — design-first EVs, covered.

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Volvo

Volvo Pioneers Google Gemini Integration in Electric Vehicles for Smarter Driving

Volvo is set to revolutionize the electric vehicle (EV) landscape by becoming the first automaker to integrate Google’s Gemini AI chatbot into its cars. Announced on May 21, 2025, this move expands Volvo’s partnership with Google, leveraging the Android Automotive operating system to deliver a more intuitive driving experience. The Verge reports that Gemini will…

Tesla

JP Morgan Boosts Tesla Stake by 9.5% as EV Investments Surge

J.P. Morgan Chase increased its stake in Tesla by 9.5% (or 3.43 million shares) in the first quarter of 2025, according to its latest 13F filing with the SEC. The asset manager held 39,415,548 shares in Tesla as of March 31, 2025, a position worth approximately $13.7 billion. This move underscores J.P. Morgan’s continued confidence…

Polestar

Polestar Appoints Rick Bryant as New North America Leader to Drive EV Growth

Polestar, the Swedish electric vehicle (EV) manufacturer, has named Rick Bryant as its new Head of North America, effective May 12, 2025, as the company aims to capitalize on its recent sales surge. Bryant’s appointment, announced in a company statement, follows a 76% year-over-year increase in global sales, with over 12,300 vehicles sold in Q1…

Polestar

Polestar Slashes Quarterly Loss by 31% as Cost-Cutting and EV Sales Surge

Swedish electric vehicle maker Polestar announced a significant 31% reduction in its quarterly loss on Monday, signaling that its aggressive cost-saving measures and focus on higher-priced models are paying off. Amid a challenging global EV market, the company, backed by China’s Geely Holding, reported a net loss of $190 million for the first quarter ending…

Polestar

Polestar 2 Recall Hits 27,816 EVs Over Faulty Backup Cameras: Safety Concerns Mount

Polestar is recalling 27,816 Polestar 2 electric vehicles in the U.S. due to a backup camera glitch that could leave drivers blind to what’s behind them, raising serious safety concerns. The National Highway Traffic Safety Administration (NHTSA) announced the recall on May 2, 2025, affecting 2021-2025 models built between July 2020 and November 2024. For…

Model 3

Hertz Offers Deep Discounts to Renters as It Offloads EV Fleet

Hertz is taking an innovative approach to reducing its electric vehicle fleet, offering significant discounts to current renters who might be interested in purchasing their rental vehicles. The rental giant is listing 2023 Tesla Model 3s for as low as $17,913 – a striking price point that sits well below current market values, reports The…

Polestar

Polestar Shifts Gears: EV Maker to Sell Through Dealerships Amid Sales Slump

Polestar, the struggling electric vehicle manufacturer, is changing tactics to boost sales after reporting a significant drop in deliveries. According to a Bloomberg report, the company’s new CEO is pushing for a more traditional sales approach by selling cars through dealerships, not just online. A New Strategy for Survival Polestar’s new chief executive, Michael Lohscheller,…

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