Did you know Polestar’s revenue dropped by 21% in 2024?
The electric car brand that delivered the popular Polestar 2 is now navigating a challenging market. Increased competition, delayed launches for Polestar 3 and Polestar 4, and pricing pressure have impacted their performance. Yet, Polestar is far from standing still.
2025 could be a turning point.
With the introduction of the Polestar 5, a grand tourer EV, and the Polestar 7, a premium compact EV SUV made in Europe, the company is taking deliberate action to regain momentum. These models target fast-growing EV segments, aligning with Polestar's strategy to drive retail sales growth by 30-35% annually from 2025 to 2027.
Michael Lohscheller, Polestar's CEO, recently stated, “2025 will be the best year in the history of Polestar.”
Here’s where it gets even more interesting: Polestar is also securing over $1.2 billion in funding, investing in operational efficiencies, and leveraging CO2 credit sales to further its sustainability goals, all while expanding its retail footprint and launching new models globally.
But can these strategies keep Polestar competitive in an increasingly crowded EV market?
👉 Will Polestar’s premium models like the Polestar 7 attract enough buyers to make an impact?
👉 Is their plan to consolidate production platforms the right way forward for efficiency?
#polestar #EVNews #Polestar5 #polestar7
Would you trust a $20,000 electric vehicle built in China? This is not a hypothetical question. It is a reality for millions outside the United States. The BYD Seagull, for example, costs $10,000-$16,000, and is praised for its clever design and efficiency. But in the U.S., tariffs and national security concerns keep these cars out. The average price of a new EV in America? $56,000. This gap is leaving buyers conflicted. Will we be relying on imported EVs to help long-term climate goals, or will it make the U.S. dependent on foreign markets. Tariffs, subsidies, and even outright bans are on the table. And while major automakers like GM and Ford are working on cheaper EVs, their progress is slow. In the meantime, Chinese manufacturers are gaining ground internationally. Would you buy a $20,000 EV from China if it meant affordable, emissions-free transportation? Or should the U.S. prioritize building its own affordable EVs, no matter how long it takes? #affordableevs #usautoindustry #evprices #americanjobs
239,382 Teslas Recalled. What would you do if your car’s rearview camera failed just when you needed it the most?
Tesla is recalling nearly a quarter of a million vehicles across its Model S, 3, X, and Y ranges (2023–2025). The culprit is a software issue combined with hardware vulnerabilities and colder temperatures that could short circuit a computer board. This problem disables the rearview camera, an essential safety feature.
From November 2024, Tesla noticed a spike in computer replacements due to this malfunction. As of December 30, there were 887 warranty claims and 68 field reports, yet no injuries or fatalities have been linked to the issue. The good news is Tesla is addressing this via an Over-The-Air (OTA) update, with free computer replacements for affected cars.
But let’s pause and reflect... If a simple yet critical safety feature like the rearview camera can falter due to software bugs, what does this mean for Tesla’s pursuit of fully autonomous driving?
Tesla is not alone in facing software challenges, but the stakes are high when these glitches have the potential to compromise safety.
With software increasingly becoming the backbone of modern vehicles, how do manufacturers ensure bugs don’t lead to recalls?
#TeslaRecall #VehicleSafety #SelfDrivingCars #SoftwareReliability #AutonomousDriving
New Tesla Model Y Juniper, just unveiled in China
The Model Y is back with upgrades. Will it be a best-selling vehicle?
Did you know you could save up to $7,500 on a new electric car in 2025? But…
Not every electric vehicle qualifies, and the rules aren’t exactly straightforward. But with a little preparation, you can make sure you’re getting the most out of the federal electric car rebate. Who doesn’t love the idea of saving money while driving a more sustainable vehicle?
So, what do you need to know?
✅ Verify eligibility: Use the Department of Energy’s VIN check tool to confirm the vehicle you’re considering qualifies.
✅ Mind the income caps: The rebate is available for individuals earning up to $150,000, heads of households up to $225,000, and joint filers up to $300,000.
✅ Explore your options: From Tesla to Chevrolet to Hyundai, a wide range of vehicles qualify, but only if they meet strict battery sourcing and assembly requirements.
And here’s something many people don’t realize: leasing an EV could open doors to a $7,500 commercial credit, even for cars that don’t meet the traditional rebate rules. Curious? It might be worth exploring!
With so many ways to benefit, the real question is: What’s stopping you from driving into savings in 2025?
Whether you’re buying, leasing, or opting for a used EV, this is your chance to make a smart decision that puts extra cash back in your pocket.
- Have you taken advantage of an EV rebate before?
- Are the new rules clear or confusing?
- What’s your top tip for someone considering their first EV?
#EVRebate #GoElectric #TaxCredits #EVOwnership
Did you know that one in four vehicles sold in 2025 will be electrified?
According to Cox Automotive’s 2025 Outlook, the auto market is thriving, with new-vehicle sales expected to reach 16.3 million this year. That’s an increase for the third consecutive year, fueled by improving affordability, better loan rates, and growing consumer interest in electrified vehicles, including hybrids, plug-in hybrids, and fully electric cars.
Cox Automotive also highlights that sales of used electric cars are climbing, with more buyers seeing them as a smart investment. Add to that the 15 new EV models entering the market this year, and it’s clear the options are expanding fast.
But here’s what’s driving this growth: practical benefits. Jonathan Smoke, Chief Economist at Cox Automotive, explains, “Credit availability is improving, inventory is rising, and incentives are growing, creating opportunities for buyers.”
EVs are no longer just for early adopters. They’re becoming practical, affordable choices for everyday drivers. Lower fuel costs, fewer maintenance headaches, and a smooth, quiet ride are just a few reasons why people are making the switch.
So, what’s your take? Are there still barriers holding you back?
🔋 What’s the biggest factor influencing your decision to go electric?
🔋 Are loan rates and incentives enough to convince you?
🔋 If you’ve already switched, how has your experience been so far?
Cox Automotive believes 2025 could be the best year for the auto market since 2019. New models, growing incentives, and more charging options than ever!
[Video]: ElectrifyExpo
#ElectricVehicles #EVs #NewVehicleSales #CoxAutomotive #DrivingInnovation #Sustainability #AutoMarket #EVAdoption
Rivian stock jumped 21% today! What’s the catch?
Q4 2024 Rivian Update...
Vehicles Produced: 12,727
Vehicles Delivered: 14,183
2024 Totals...
Production: 49,476 (Cumulative: 132,060)
Deliveries: 51,579 (Cumulative: 122,953)
Despite a 27% dip in production in Q4 this year, Rivian stock is on the rise. What’s driving this unexpected momentum? A supply chain issue that had been holding up production has been resolved, giving investors a reason to look ahead with optimism.
How do you see Rivian competing in the 2025 EV market? Is this recovery a sign of lasting momentum, or just a short-term reaction?
[Video]: Electrify rEViewed by ElectrifyExpo
#RivianStock #EVNews #ElectricVehicles
800,000 EV owners’ data exposed online for months.
https://electrifynews.com/news/auto/your-car-knows-too-much-the-vw-volkswagen-data-leak-that-left-800000-owners-exposed/
Did you know your car might know more about you than you’re comfortable with, and that this data could be at risk? Recently, sensitive information from VW EV owners, including precise locations and personal details, was left unsecured online. The breach even impacted police vehicles and politicians’ cars.
With connected apps becoming a standard feature, how do we balance convenience with privacy? Should automakers be doing more to protect consumer data, or is this the new normal in a hyper-connected world?
Let’s talk about cybersecurity, accountability, and what this means for the future of connected vehicles. How do you think we should respond to situations like this?
Driver Dead, 7 Injured After Cybertruck Explosion Outside Trump Tower in Las Vegas.
A Cybertruck parked outside the front doors of Trump Tower in Las Vegas exploded after the driver remained inside with their foot on the brake and detonated explosives.
