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Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
| 1.18 USD | +0.85% |
|
-12.59% | -47.79% |
| Apr. 26 | TAKE A LOOK-Beijing auto show | RE |
| Apr. 26 | TAKE A LOOK-Beijing auto show | RE |
STOCKHOLM (Reuters) - Swedish electric vehicle (EV) maker Polestar said on Thursday it had lowered its 2023 production guidance and would cut headcount by 10%.
The auto maker said that as a result of a delayed production start for its Polestar 3 and a challenging environment for the industry it now expects volumes to be between 60,000-70,000 cars this year, versus the 80,000 it had previously predicted.
The Swedish carmaker, founded by China's Geely and Volvo Cars, posted a first-quarter operating loss of $199.4 million, narrowing from a loss of $257.9 million a year ago.
(Reporting by Marie Mannes, editing by Terje Solsvik)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 281.3 SEK | +1.52% | +0.39% | 52.56B | ||
| 33.54 SEK | +0.63% | -17.91% | 9.11B | ||
| 6.4 HKD | +5.79% | -10.36% | 4.12B | ||
| 1.18 USD | +0.85% | -12.59% | 2.49B | ||
| 1st Jan change | Capi. | |
|---|---|---|
| -47.79% | 2.49B | |
| -32.27% | 537B | |
| -33.10% | 26.57B | |
| -50.50% | 9.29B | |
| -61.47% | 8.84B | |
| -46.26% | 7.4B | |
| -68.94% | 6.08B | |
| -41.57% | 5.68B | |
| -30.11% | 4.26B | |
| 0.00% | 3.92B |
POLESTAR AUTOMOTIVE HOLDING UK PLC 
