Bizmart Auto

Profile

Polestar 3

Polestar Q2 loss widens amid tariffs

The Polestar Q2 loss highlighted the intense pressure on electric vehicle makers. The Swedish EV brand reported a net loss of $1.03 billion for the quarter ending June 30. That compares with a $268 million loss a year earlier. U.S. tariffs and rising price competition drove the result, alongside a heavy impairment charge on the […]