Polestar announces that production of the Model 4 will begin in China later this year

Polestar announces that production of the Model 4 will begin in China later this year

High-end electric car maker Polestar, founded by Volvo and Zhejiang Geely Holding Group, said on Tuesday that production of its Polestar 4 is expected to start later this year in Hangzhou Bay.

Speaking at the Shanghai Motor Show, CEO Thomas Ingenlath also said Polestar 4 pre-orders will be available in China starting today and in all other markets in 2024.

Marketzone and Reuters 2023

All information about VOLVO CAR AB (PUBL.)

VOLVO CAR AB (PUBL.) Analyst Recommendations

Financial data

CA 2023 390 billion
36,960M
34,221 m
2023 general results 13,608M
1,288M
1,193M
tro. net 2023 21,942M
2,077M
1,923M
FOR THE YEAR 2023 8.60x
2023 return 0.17%
Capital 115 billion
10,860M
10,056M
VE / CA 2023 0.24x
VE / CA 2024 0.22x
Number of employees 43,400
It floats 18.0%

VOLVO CAR AB (PUBL.) Chart


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Volvo Car AB (publ.) : Volvo Car AB technical analysis graph (publ.) | Zonebourse

Technical analysis of trends VOLVO CAR AB (PUBL.)

Short time Intermediate time Long time
Styles Bearish reduce Bearish

Income Statement Reform

Marketing

Buy it
Moderate recommendation KEEP IT
Number of Analysts 10
Last Closing Price SEK38.50
Average price target SEK41.67
Deviation / Mean Target 8.23%

Officers and Directors


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