Polestar's CEO Michael Lohscheller said soaring fuel prices due to Middle East tensions have shifted consumer interest from 'range anxiety' to 'pump anxiety,' driving higher demand for electric vehicles (EVs). This change means buyers now prioritize cost savings over idealistic reasons when choosing EVs. Despite a $383 million net loss in Q1 due to pricing pressures and tariffs, Polestar sees a 7% volume increase year-on-year. The company also noted intense competition in China and uncertainty in the U.S. market, urging Europe to accelerate EV adoption amid rising oil prices above $100 per barrel.
The global digital pens market, valued at $2.2 billion in 2025, is projected to reach $5.3 billion by 2032 with a 13.3% CAGR. Growth is fueled by increased adoption in education and corporate sectors, technological improvements like pressure sensitiv...
The global industrial laser market is projected to grow at a 5.8% CAGR from 2025 to 2031, reaching $10.94 billion by 2031. Medium power lasers, especially CO₂ types, currently dominate, with the semiconductor and electronics sector showing the fastes...
Geely Auto Group achieved its first-ever victory with the all-new Geely Preface TCR at the FIA TCR World Tour held at the Misano World Circuit in Italy. Chinese driver Ma Qinghua secured the win in Race 2 after a strategic move on lap six, showcasing...
Geely Auto Group achieved its first-ever victory in global motorsports with the all-new Geely Preface TCR at the FIA TCR World Tour held at Misano Circuit, Italy. Chinese driver Ma Qinghua secured the win in Race 2, starting third and taking the lead...
Wolters Kluwer repurchased 44,119 of its ordinary shares between May 7 and May 13, 2026, spending €2.7 million at an average price of €61.07 per share. This buyback is part of a larger 2026 program aiming to repurchase up to €500 million worth of sha...
