Legacy carmakers have struggled to keep pace as the focus has turned from the engine to computing power
Demand for battery-powered vehicles has decreased globally over concerns about cost and charging infrastructure
Sustained fall would raise questions over future ability of ambitious Chinese automaker to tap public markets
The wheels have not come off the electric vehicle market entirely
Swedish carmaker looking to sell stake in spun-out group to its Chinese parent Geely
Group’s cheap valuation will only suit the most patient investor
Chinese group says commitment to Swedish carmaker remains ‘steadfast’
Swedish brand eyes President Joe Biden’s green subsidies as it prepares to buy EV batteries from European start-up Northvolt
Swedish brand sees ‘no need’ to follow Tesla in reducing prices
Closures have affected the supply of parts to plants in Europe
First model to contain lidar will be electric SUV
Swedish carmaker opens first new factory in Europe in 60 years as it steps up shift to battery power
Auto manufacturer starts to double source components to try to limit disruption from Covid-19 restrictions
Carmaker aims for half of sales to be online by 2025
Jim Rowan will replace Hakan Samuelsson who has been in charge for nearly a decade
Swedish carmaker and start-up partner widen ambitions as they hope to gain head-start on rivals
VW, Toyota and Stellantis among manufacturers wary of committing to targets outside their control
Offer priced at lower end of range as carmaker points to investor ‘dilemma’ over valuations
Investors give icy reception to mooted plans from owner Geely for a $30bn IPO valuation
Listing now priced at bottom of suggested range and delayed by a day
Swedish investors had voiced concern that the carmaker’s Chinese owner was not reducing its voting rights
Chinese-owned Swedish carmaker earmarks most of IPO proceeds for push to only sell electric vehicles by end of decade
Carmaker has gained head start with its electric ambitions and decision to list EV brand Polestar
Carmaker seeks to capitalise on rise in premium sales and growth of all-electric Polestar brand
Plus, a power struggle over the world’s oldest bank and a private equity firm with very public problems
