$PSNY

Polestar Automotive Holding UK PLC

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Due To Low Sales, These Are The EVs That Disappeared This Year

US EV sales dropped 30% in 2026 after the $7,500 tax credit ended, leading to production halts for several models. Affected vehicles include Ford's F-150 Lightning, Tesla's Model S and X, and others from Volkswagen, Honda, Hyundai, Volvo, Kia, BMW, Acura, Genesis, and Polestar. Tesla's market share fell to 50% in 2024, according to Cox Automotive.

Polestar 5 comes with Bcomp bio-based materials

Polestar has partnered with Bcomp to use its bio-based materials in the Polestar 5 electric GT. The vehicle features ampliTex and powerRibs technologies, reducing fossil-based materials by 50% and weight by 40%. Bcomp's flax composites also cut CO₂ footprint by up to 60%. The collaboration began during the Polestar Precept concept car development and has evolved into large-scale production for the Polestar 5.

Polestar reports record Q3, YTD global sales as it faces US ban

Polestar reports record Q3 sales of 14,371 vehicles and 44,790 for the first nine months of 2026, despite a U.S. ban on new vehicle sales starting in 2027. The company attributes the growth to new models like the Polestar 5 and 4 SUV, which targets the European premium EV market.

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News on $PSNY

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Due To Low Sales, These Are The EVs That Disappeared This Year

US EV sales dropped 30% in 2026 after the $7,500 tax credit ended, leading to production halts for several models. Affected vehicles include Ford's F-150 Lightning, Tesla's Model S and X, and others from Volkswagen, Honda, Hyundai, Volvo, Kia, BMW, Acura, Genesis, and Polestar. Tesla's market share fell to 50% in 2024, according to Cox Automotive.

Polestar 5 comes with Bcomp bio-based materials

Polestar has partnered with Bcomp to use its bio-based materials in the Polestar 5 electric GT. The vehicle features ampliTex and powerRibs technologies, reducing fossil-based materials by 50% and weight by 40%. Bcomp's flax composites also cut CO₂ footprint by up to 60%. The collaboration began during the Polestar Precept concept car development and has evolved into large-scale production for the Polestar 5.

Stocktwits Retail Therapy: Consumer Stocks Snap Losing Streaks As Planet Fitness, MercadoLibre And Genius Sports Rally

Polestar stock fell 15% after Barclays cut its price target to $5. Lucid Group's Q3 deliveries missed estimates, with analysts calling the report 'lackluster.' Levi Strauss raised EPS guidance but lowered revenue outlook, with mixed analyst reactions. Key figures: Polestar PT cut to $5, Lucid produced 2,954 vehicles, Levi Strauss EPS now $1.54-$1.56.

Polestar stock sees Cantor Fitzgerald reiterate Underweight rating

Cantor Fitzgerald reiterated an Underweight rating on Polestar (PSNY) after Q3 2026 deliveries of 14,371 vehicles, below estimates but up from Q3 2025. Year-to-date deliveries are 44,790. The stock is near its 52-week low, down 75% YTD. Cantor cited risks including tariffs, EV demand slowdown, and cash burn, with a negative gross profit margin of -5.69%. Polestar also reported a wider-than-expected Q2 loss and lowered its fiscal 2026 delivery target.

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Polestar makes public EV charging more affordable with new subscription offer and access to more than 1.25 million charging points across Europe

Polestar, a Swedish electric vehicle brand, expanded its Polestar Charge subscription service with new affordable tiers for fast charging discounts. The service now includes access to over 1.25 million charging points across Europe. The new Plus tier offers a 15% discount for EUR 7.99/month, while the Pro tier provides a 30% discount for EUR 14.99/month. Polestar aims to make EV charging more convenient and affordable, supporting its growth strategy in the electric vehicle market.

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