• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

Polestar (PSNY) to cut 15 percent of global jobs amid slowing EV sales, weak market share

EV-centric brand Polestar just announced it will cut hundreds of jobs in its global workforce in order to lean down and reduce spending, as it looks to bolster sales of its upcoming Polestar 3 and 4 models without relying on additional funding from parents Geely and Volvo Cars. Read more…

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