Tag: million
-
Polestar plans a Q2 $20 million ad spree to market its first crossover
The Swedish automaker, Polestar, is gearing up to launch its first crossover, the Polestar 3. To capture the attention of potential customers, the automaker is set to spend $20 million on an advertising campaign. This campaign will include online, television, and outdoor media commercials. The campaign is scheduled to start in the second quarter of […]
-
Polestar 3 Launch in U.S. to Include $20 Million Marketing Campaign
The Swedish Electric vehicle manufacturer Polestar is gearing up for the launch of its first crossover in the U.S. truck-dominated market with a $20 million marketing campaign set to kick off in the second quarter. Polestar is owned by Volvo, which is owned by Chinese conglomerate Geely. Gregor Hembrough, Polestar’s North American boss, revealed that […]
-
Tesla hopes to expand Giga Berlin to 1 million units per year
Tesla’s Brandenburg, Germany factory is undergoing a major expansion to increase its production capacity, as the automaker is honing in on its initial production goals. Tesla recently submitted an environmental application with Germany to produce as many as one million units per year. This would be a significant increase from the current 500,000 vehicles per […]
-
Tesla applies to expand Gigafactory Berlin to 1 million vehicles per year
The Tesla Gigafactory Berlin is the Electric Car maker’s largest factory in Europe and is located in Grünheide, Brandenburg, Germany. Tesla began construction on the factory in 2020 and is expected to be fully operational by the end of 2022. Tesla‘s Gigafactory Berlin is a state-of-the-art facility that will produce batteries, Electric motors, and vehicles. […]