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PSNY sooner or later
PSNY new 52 week low
PSNY new 52 week low
PSNY new 52 week low
PSNY new 52 week low
PSNY new 52 week low
PSNY new 52 week low
PSNY
Rivian is the better play
PSNY
PSNY$
PSNY at resistance maybe a breakout
I’m in with a starter here ! This is close to bottom. Polestar is making EV’s not like other EV’s out here and competition is getting heavy . I can see this with a market cap of 20 billion + in a couple of years
This looks like a good entry point here at $3.55 . This was just $8.00 not long ago . What has change ? I believe the market with inflation and now these bank issues, China competition and lowering pricing of EV’s
With a stock price of about $4.50 it is really under priced. This is a mass produced super quality product. New and better models are planned and
being built. We need to go and tell the world our story and the price is right. Come on lets see $25.00 in 6 months. GLTUA
Polestar adds Luminar lidar to 3 SUV pre-orders, confirms it’s coming to Polestar 5 GT as well
Scooter Doll
| Feb 2 2023 - 4:00 am PT
20 Comments
Automotive safety and autonomy specialist Luminar Technologies announced that EV automaker Polestar intends to deepen its partnership with the former by implementing its long-range Iris lidar into the upcoming Polestar 5, based on the Precept concept. Additionally, the automaker has enabled consumers pre-ordering a Polestar 3 SUV to add the Luminar lidar to their configuration starting today.
The Polestar 3 is scheduled to begin deliveries in Q4 of this year after officially debuting last October. It will be the first SUV from the all-electric brand and its first model built on US soil, although initial deliveries will come from China.
Before the official unveiling, Polestar ($PSNY) teased us with some tidbits surrounding the 3 SUV, including its expected range and availability to order. One feature that Polestar was sharing as early as last summer was that the 3 would eventually offer autonomous highway piloting by utilizing Lidar sensors developed by Luminar ($LAZR) and centralized computing by NVIDIA.
Luminar’s advanced lidar technology is prominent in the upcoming EX90 from Polestar co-owner Volvo Cars, which is selling the all-electric SUV as the safest vehicle it has ever produced.
During the official 3 launch, Polestar again mentioned a Pilot Pack add-on coming in Q2 of 2023 that will include lidar. Thanks to high demand for the technology, Polestar has bumped up the availability to pre-order this option while confirming an expanded relationship with Luminar to implement lidar into future EVs.
Credit: Polestar/Luminar
You can now pre-order your Polestar 3 with Luminar lidar
According to Luminar Technologies, sales of the Polestar 3 equipped with its long-range Iris lidar have been moved up to today for customers in North America and Europe. While Polestar 3 deliveries are still on schedule for Q4, the automaker makes a point to share that deliveries of those EVs equipped with Luminar’s lidar tech are expected to arrive in 2024.
In addition to the Polestar 3 news, Luminar has confirmed that Polestar intends to deepen its partnership and integrate lidar technology into its Polestar 5 GT, expected to launch sometime in 2024. This is truly just a confirmation of a planned integration mentioned by Polestar CEO Thomas Ingenlath in December of 2021, when the automaker laid out its plans for a new EV model every year through 2025.
At the time, Ingenlath said the lidar sensor won’t protrude from the windshield as much as it does on the Precept concept EV it is based upon, noting that the technology would be supplied by Luminar. The Polestar CEO shared additional thoughts following today’s confirmation of the collaboration:
Polestar 3 orders including lidar are available in Europe and North America today followed by Australia later this month and China by mid-April.
JUST KEEPS GETTING BETTER!! If gas climbs up again, especially NOW with the U.S. essentially escalating engagement in/with Ukraine vs. Russia, we could see MUCH HIGHER prices here VERY SOON.
Looking forward to an IMPORTANT Q1 & then double-digits from there IF gas prices remain elevated & AS the market wakes up to take note!
VOLVO & FOXCONN are KEY here! As well as the LEADERSHIP! PSNY management are EXECUTING! And this will be far more evident come the end of the year. Q1 will begin to set the POSITIVE tone & tenor for this EV & then it's OFF TO THE RACES! Assuming gas prices continue trending another $0.25 to $1.00 makes THE WORLD of difference to consumers!
Here's WHY strategically: POLESTAR is alone with TESLA
SALES surpassing inventory,.... & backlog delivery is AHEAD OF SCHEDULE!!
2023 Model -- COMING THIS YEAR!!!
Wonder if it will RE-TEST $5.00 BEFORE starting it's next leg UP?
Love the new Electric SUV & that each year -- going forward -- a NEW model is set to debut.
If gas prices remain north of the National Average continues to climb, as I've suggested it may:
Period Regular Mid-Grade
Current Avg. $3.285 $3.686
Yesterday Avg. $3.260 $3.664
Week Ago Avg. $3.159 $3.571
I think it's ACTUALLY WORTHWHILE to do a chart & OVERLAY the price of GAS on the sector AND this stock! Unless PSNY can make Polestar cars a STATUS SYMBOL, which the NEW Polestar 3 very well might become; then ALL BETS are off.
That is kinda what I'd be relying on here as a longer-term investor. The performance of that EV to the company is THAT important imv. So far, so good. The preliminary numbers & orders appear to be ON POINT:
