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Polestar Automotive Holding UK PLC
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Polestar (Nasdaq: PSNY) announces that its Annual General Meeting (AGM) is to be held in London on 26 June 2026. This press release features multimedia. View
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) announces that its Annual General Meeting (AGM) is to be held in London on 26 June 2026. Full details of the AGM and proposed resolutions are available on the Company's Investor Relations website: https://investors.polestar.com/corporate-governance/annual-general-meeting The meeting will be voting for the re-appointment of all Directors and the appointment of PricewaterhouseCoopers as Auditors. About Polestar Polestar (Nasdaq: PSNY) i.
Polestar CEO Michael Lohscheller, discusses EV strategy, demand and the company's Europe-China partnership model.
Soaring fuel prices have led to increased demand for electric vehicles, according to EV maker Polestar. "In the past, people considered EVs for idealistic reasons, and now the decision is all about money," Polestar CEO Michael Lohscheller told CNBC.
Polestar Automotive Holding UK NASDAQ: PSNY reported higher first-quarter 2026 vehicle volumes but a wider loss, as management said pricing pressure, tariffs and seasonality offset cost-cutting efforts in a more difficult electric vehicle market.
Sweden's Polestar reported a bigger first-quarter loss on Thursday, as pricing pressure and U.S. tariffs offset stronger sales volumes.
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) reports select unaudited financial and operational results for the quarter ended March 31, 2026 (Q1 2026). Michael Lohscheller, Polestar CEO, said: “The first quarter saw us deliver strong volume growth in a very competitive market. With implemented steps to improve our cost base being offset by more challenging market conditions, we are accelerating efforts to adjust our business model, become leaner and improve manufacturing efficie.
/PRNewswire/ -- Geotab, a global leader in connected vehicle and asset management solutions, today announced the integration of Polestar vehicles into its OEM
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) today publishes its 2025 Sustainability Report, showing how the Company has since 2020 reduced its GHG emissions per sold car by 31%. During the same period, Polestar has scaled its business and grown annual retail sales to over 60,000 cars, expanded across 28 markets, brought three new models to the road and established manufacturing in factories across three countries. As climate commitments slip across the car industry, policy sign.
Many American investors overlook the name Polestar, but the company has a unique background and intriguing advantages.
Polestar reported Q4 revenues of $887M, up 54% YoY, beating estimates, but results continue to fall short of original growth targets. Gross margins remain very negative on a GAAP basis, with the Q4 net loss at nearly $800M despite improvement. Despite significant dilution so far in 2026, the debt-heavy balance sheet remains the biggest negative here.
Polestar Automotive Holding UK PLC delivered record 2025 results with 60,119 vehicles sold and 50% Y/Y revenue growth, driven by Polestar 3 and 4 models. Despite delivery momentum, PSNY reported a $1.1B gross loss in 2025, losing ~$18,000 per vehicle, with negative gross margins persisting year-over-year. Forward guidance implies low double-digit delivery growth for 2026, but continued gross margin pressure could result in ~$20,000 loss per vehicle this year.
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Polestar Automotive Holding UK PLC (PSNY) Q4 2025 Earnings Call Transcript
Polestar CEO Michael Lohscheller says the electric-vehicle maker expects market conditions to become more challenging.
Sweden's Polestar on Friday reported a sharp jump in fourth-quarter revenue and a smaller loss, as the electric vehicle maker ramped up production and cut costs to cater to growing European demand.
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) today presents its consolidated financial results and operational metrics for the year and three months ended December 31, 2025. Michael Lohscheller, Polestar CEO, said: “2025 was a record year for Polestar, with retail sales of over 60,000 cars and revenue surpassing USD 3 billion. Our strong commercial performance was driven by the expansion of our sales network and strength of our model line-up. "Since June 2025 to-date, we have st.
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) expects to publish the fourth quarter select and full-year 2025 consolidated financial results on 17 April 2026, before market open. Management will host a conference call at 14:00 Central European Time (08:00 US Eastern Time) the same day, accessible via the Polestar Investor Relations website. About Polestar Polestar (Nasdaq: PSNY) is the Swedish electric performance car brand with a focus on uncompromised design and innovation, and.
PSNY Q1 retail sales rise 7% to 13,126 as the store network jumps 50%, signaling steady EV growth momentum.
Sweden's Polestar reported a 7% rise in first-quarter sales volume on Thursday, as the EV maker benefitted from its Europe-focused strategy to drive demand amid tariff-driven uncertainty and high costs.
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) retail sales amounted to an estimated 13,126 cars in Q1 2026, a growth of 7% compared to Q1 2025. 230 retail sales points are currently in operation, compared to 154 at the end of Q1 2025, representing a growth of 50%. Michael Lohscheller, Polestar CEO, says: “Following a record 2025, we've delivered our highest ever first quarter retail sales figure of 13,126 cars. Growth compared to the first quarter last year totalled 7%, with a st.
As part of the deal Volvo will lift its stake in the company to 19.9% from 9.8%.
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) announces that Volvo Cars has agreed to convert approximately USD 274 million of its outstanding shareholder loan into Polestar's equity. Following completion of the previously announced approximate USD 300 million debt-to-equity conversion by Geely Sweden Holdings AB, Volvo Cars is expected to carry out a second debt-to-equity conversion later during the second quarter, totalling approximately USD 65 million. In doing so, Volvo Cars'.
Volvo Cars said on Tuesday it had agreed to convert into shares about $274 million in credit with its sister brand Polestar , aiming to consolidate plans to produce Polestar 3 cars at its U.S. plant in South Carolina.
Polestar Automotive Holding UK (NASDAQ: PSNY - Get Free Report) and Bayerische Motoren Werke (OTCMKTS:BAMXF - Get Free Report) are both auto/tires/trucks companies, but which is the better business? We will compare the two businesses based on the strength of their valuation, risk, profitability, institutional ownership, earnings, dividends and analyst recommendations. Profitability This table compares Polestar
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) today announced a total of USD 300 million in equity investments by purchasers including Crédit Agricole CIB, Vida Finance S.A., Innovator Limited and Proximastar Holdings Company Limited. Concurrent with the purchase, these purchasers have each entered into a put option arrangement with a wholly-owned subsidiary of Geely Sweden Holdings AB, which provides the purchasers with an exit path, if needed, in three years with certain return.
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (PSNY) continues to push the car industry towards greater climate transparency. Since 2020, the company has published full Life Cycle Assessments (LCAs) for all its models, with publicly available assessments now covering every vehicle in its line-up, including the four-door GT Polestar 5. Understanding the emissions embedded in materials and manufacturing is a critical step in being able to work more actively to reduce the climate impact of the man.
Polestar's stock fell 29% last week. The drop followed a steep run-up in the last hour of trading the week before.
