Volvo Cars welcomes Polestar’s strengthened business plan
Volvo Cars welcomes the strengthened business plan announced by Polestar today, which aims to take the company into a new phase of growth and profitability. Please see the announcement from Polestar here . Polestar will adopt a variety of steps to improve profitability, which includes cutting costs and driving efficiencies in the business. Polestar has indicated that these are expected to result in gross margins in the high teens for the fiscal year 2025. These measures which form part of the strengthened