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Polestar Faces Nasdaq Delisting Warning as Stock Slumps Below $1

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Swedish electric vehicle manufacturer Polestar has received a warning from Nasdaq after its shares fell below the exchange’s required minimum bid price of $1. The notice puts the EV maker at risk of delisting from the U.S. stock exchange unless it can lift its share price within the next six months.

Polestar’s U.S.-listed stock closed at 84 cents on Friday, marking a 20% decline in 2025 after losing more than half its value last year. The company now has until April 29, 2026, to regain compliance by maintaining a closing price of at least $1 for ten consecutive trading days, Nasdaq said. If it fails to meet the requirement, Polestar may be granted an additional 180-day extension.

The company attributed its struggles to mounting competition in the global EV market, where giants like Tesla and China’s BYD continue to dominate. Polestar has introduced discounts and leasing incentives in an effort to boost sales, particularly in Europe, where demand remains relatively strong.

This is the second time Polestar has faced non-compliance with Nasdaq’s listing standards, having previously received a warning last year for delays in filing its annual financial report with U.S. regulators.

Ericsson’s shares surge 13% after profit beat and minimal tariff concerns

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Swedish telecoms giant Ericsson saw its shares soar more than 13% on Tuesday, marking its strongest single-day rise since 2018, after the company reported better-than-expected quarterly earnings and dismissed concerns over U.S. tariffs.

Adjusted EBIT (earnings before interest and taxes) — excluding restructuring costs — reached 15.4 billion Swedish crowns ($1.62 billion) for the quarter ending September, exceeding analysts’ forecasts of 14.1 billion crowns, according to an Infront poll.

The company attributed its strong performance to ongoing cost savings and its leading market share in North America, where it has outpaced rival Nokia in the race to deploy 5G infrastructure. Ericsson’s finance chief Lars Sandström told Reuters that while no firm is entirely immune to tariffs, the company currently sees “no additional impact going forward.”

Although total net sales fell 9% year-on-year to 56.2 billion crowns, they still surpassed expectations of 55.7 billion. Sales in the Americas declined 8% compared to 2024’s strong performance, which benefited from major customer investments and network deliveries.

Ericsson also announced a new five-year partnership with Vodafone to modernize programmable networks and confirmed the completion of its Iconectiv sale, generating a one-off profit of 7.6 billion crowns — potentially paving the way for higher dividends or a share buyback program.

Swedish Autonomous Truck Firm Einride Secures $100 Million to Accelerate Expansion

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Swedish self-driving truck company Einride has raised around $100 million in a new funding round led by EQT Ventures and quantum computing firm IonQ, the company announced on Wednesday. The investment will help scale its autonomous freight operations, boost technology development, and expand its customer network globally.

Einride’s electric and self-driving freight trucks are designed to operate on fixed highway routes, allowing for safer and more efficient automation than traditional urban self-driving vehicles. Because the trucks travel along predefined routes without intersections or pedestrians, they require less complex mapping than passenger vehicles.

Founded in 2016, Einride is a leader in autonomous and electric freight mobility, offering both fully driverless pods and remote-controlled electric trucks. Its system integrates AI logistics planning tools to optimize transport routes and energy usage.

The new funding follows previous rounds that included $110 million in 2021 from Maersk’s venture arm and Singapore’s Temasek Holdings. That same year, Einride entered the U.S. market and signed major customers such as GE Appliances, Oatly, and Bridgestone, expanding its footprint in sustainable logistics.

Einride plans to use the new funds to deploy more autonomous trucks across Europe and North America, strengthen regulatory compliance efforts, and advance its remote operations platform that allows human operators to monitor and control multiple vehicles simultaneously.

As global logistics companies push toward electrification and automation, Einride’s technology represents a major step toward reducing emissions, cutting costs, and enhancing road safety in the freight transport industry.