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Official: Polestar Precept To Enter Production – InsideEVs

Polestar announced today that the Precept model, shown earlier this year, will enter production. An all-new manufacturing facility will be built in China.

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Polestar announced today that the Precept concept model, shown earlier this year, will enter production. Vehicle development is underway in the UK and already more than 130 people are working on it.
The decision has been made after the company has realized that people like it and there should be a market for such a great looking, sporty, all-electric car. Thomas Ingenlath, Polestar CEO, said:
“Stunning. Spectacular. Cutting-edge. Wed like to see it on the road! this is what the press wrote abo…

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GM shares close at new year-to-date high following Hummer EV debut – CNBC

GM stock closed at $37.41, up 4.6% – pushing the shares for the year in the black (up 2.2%) for the first time since Jan. 2.

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Shares of General Motors closed Thursday at their highest price so far this year following the successful debut Tuesday of the new GMC Hummer EV as well as the automaker’s announcement earlier in the week of more than $2 billion in new U.S. investments to support electric vehicles.
The stock settled at $37.41 a share, rising 4.6% for the day and pushing the price up 2.2% year to date. That was just enough to drive the shares into the black for the first time since Jan. 2. The stock has jumped by…

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Stock Market Rallies Amid Stimulus News; PayPal, Tesla Near New Buy Points – Investor’s Business Daily

The stock market reversed higher amid stimulus news Thursday. Chipotle Mexican Grill, PayPal and Tesla are approaching new buy points.

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Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the stocks they discuss. The information and content are subject to change without notice.
*Real-time prices by Nasdaq Last Sale. Realtime quote and/or trade prices are…

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PayPal in Talks to Buy Crypto Firms Including BitGo – Bloomberg

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