Polestar's CEO says high fuel costs have made EVs 'all about money'. EU registrations jumped 51% in March, but the company's own Q1 loss widened to $383 million.

The EV maker is seeing an increased demand for both used and new cars as fuel prices have gone up following the disruption at the Strait of Hormuz.

Polestar's CEO says high fuel costs have made EVs 'all about money'. EU registrations jumped 51% in March, but the company's own Q1 loss widened to $383 million.