11
Nov
15:40
Polestar reports $299.4m profit ahead of ‘major milestone’
Swedish electric vehicle brand Polestar posted on Friday its first net profit during the third quarter of 2022, as its global expansion continues to gather pace, Kallanish reports.
The carmaker recorded a net profit of $299.4 million, compared to a net loss of $302.4m in Q3 2021. Revenue more than doubled to $435.4m. US revenue was the largest after a 109% y-o-y increase, but the biggest revenue growth was registered in Polestar’s home country of Sweden, wh…
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Anonymous
Very good overview of the weekly steel market.
Anonymous