Engadget -
11 May 2023 23:00

Electric vehicle brand Polestar plans to reduce its headcount by 10 percent as part of an effort to cut costs. It will also institute a global hiring freeze and it has trimmed production guidance for 2023. Polestar now expects to produce between 60,000 and 70,000 vehicles this year, down from the previous figure of 80,000. The brand cited a delayed start to production of the Polestar 3 and "the economic environment affecting the automotive industry" as key reasons for the changes. The electric S...
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