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Month: October 2022

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

October 16, 2022October 16, 2022 | ch4515tr41l3r5ch4515tr41l3r5 | 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

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

October 14, 2022October 14, 2022 | ch4515tr41l3r5ch4515tr41l3r5 | 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.

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