Polestar retail sales volumes totalled 18,049 cars in Q2, a growth of 38% year-on-year
Polestar (Nasdaq: PSNY) retail sales volumes amounted to an estimated 18,049 cars in Q2 2025, up 38% versus Q2 2024. For the first six months of the year, retail sales volumes approximated 30,319 cars, a growth of 51% compared to the same period last year.
European production of Polestar 7 confirmed in Kosice, Slovakia
Polestar (Nasdaq: PSNY) is taking the next step in diversifying its contract manufacturing footprint by expanding it to Europe. The Company has signed a memorandum of understanding with Volvo Cars to have Polestar 7 manufactured in Kosice, Slovakia , in advance of the planned launch of the premium compact SUV in 2028.
Polestar announces USD 200 million equity investment
Polestar (Nasdaq: PSNY) announces a USD 200 million equity investment by PSD Investment Limited (“PSD Investment”), an existing investor, an entity that is controlled by Mr. Shufu (Eric) Li, Founder and Chairman of Geely Holding Group.