Polestar Automotive Holding UK Plc is cutting costs further after losses deepened in the first quarter as tariff barriers grow and price pressures increase for electric-vehicle makers.
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XPeng will make a self-driving car line called Mona using DiDi's technology, but investors might prefer it to make a profit.
The Swedish EV startup doubled its production last year, while also managing an 8% decline in emissions per vehicle.
NIO stock is up over 35% in just a month as the company is bringing more battery-swapping stations to Europe, increasing its export potential.