Month: October 2022

Toyota forecasts higher profits buoyed by EVs and increased productionToyota forecasts higher profits buoyed by EVs and increased production

October 16, 2022 | ch4515tr41l3r5 | 0 Comment | 12:51 am

Toyota saw quarterly profits push past the previous year’s number but failed to prevent an annual loss due to the rising costs of materials. The automaker saw global net income

Polestar delays SUV release to 2024, cuts workforce by 10%Polestar delays SUV release to 2024, cuts workforce by 10%

October 14, 2022 | ch4515tr41l3r5 | 0 Comment | 11:40 am

Swedish EV maker Polestar trimmed its full-year production guidance to between 60,000 and 70,000 vehicles, claiming that its Polestar 3 SUV will be delayed until 2024 due to software issues.