Polestar (Nasdaq: PSNY) today presents an updated strategy, as the Company starts its next chapter, with significant changes being made to improve operational, commercial and financial performance.

Swedish electric car maker Polestar has announced it is working on a new car, called the 7, and that it will be produced in Europe.

With the coupe-like Polestar 4 already in production, the manufacturer will likely take a different approach with the Polestar 7.