TECH NEWS
Polestar says ‘pump anxiety’ has replaced range anxiety. Its balance sheet tells a more complicated story.
TL;DR Polestar CEO Michael Lohscheller told CNBC that “pump anxiety” has replaced range anxiety as the dominant consumer concern, with rising fuel prices from the Iran war and Strait of Hormuz closure driving a measurable shift toward EV demand. EU EV registrations jumped 51% in March. Polestar reported a