Polestar Automotive Holding UK PLC (Nasdaq: PSNY), the Swedish electric performance car brand, welcomes Geely Sweden Holding as a potential direct new shareholder. Volvo Cars is evaluating a potential adjustment to its shareholding in Polestar including a distribution of shares to its shareholders, with Geely Sweden Holding being the primary recipient. Volvo Cars will remain a strategic partner in areas across R&D, manufacturing, after sales and commercial.
Polestar 4 is now officially on sale in Europe and Australia. Following start of production and first deliveries in China at the end of 2023, online sales commence with a starting indicative price of EUR 63,200 and AUD 81,500. Production is planned to start towards the middle of 2024, with first deliveries expected from August.
Polestar Automotive Holding UK PLC (Nasdaq: PSNY), the Swedish electric performance car brand, announces appointments to its Board of Directors and Management Team.
Polestar Automotive Holding UK PLC (Nasdaq: PSNY), the Swedish electric performance car brand, reports its global deliveries for the fourth quarter of 2023.
Polestar (Nasdaq: PSNY) confirms the successful start of production of Polestar 4, with first deliveries to customers in China expected before the end of 2023. Official launch in all other Polestar markets is planned for early 2024, with customer deliveries in these markets expected within the same year.
Polestar showcased innovation and a strong path forward at its inaugural Polestar Day. Held in Los Angeles, California, the event gathered key executives and innovations in front of an audience of customers, investors and press.
Polestar (Nasdaq: PSNY) confirms the next step in diversifying its manufacturing footprint. Manufacturing of Polestar 4 in Hangzhou Bay, China, will be complemented with manufacturing in Busan, South Korea, expected to start during the second half of 2025.
Polestar Automotive Holding UK PLC (“Polestar” or the “Company,” Nasdaq: PSNY), the Swedish electric performance car brand, reports its preliminary unaudited financial and operational results for the three and nine months ended September 30, 2023.
Polestar Automotive Holding UK PLC (Nasdaq: PSNY), the Swedish electric performance car brand, today presents a strengthened business plan which targets an accelerated margin improvement and a reduction of the Company’s total funding need to the point of cash flow break-even in 2025.
Polestar (Nasdaq: PSNY), the Swedish electric performance car brand, invites shareholders to attend an exclusive, in-person event on 9 November 2023 in Los Angeles.
Polestar Automotive Holding UK PLC (Nasdaq: PSNY), the Swedish electric performance car brand, reports its global deliveries for the third quarter of 2023.
Polestar (Nasdaq: PSNY) announces that Lutz Stiegler has been appointed Chief Technology Officer (CTO) and member of the Management Team, effective 1 December 2023. Lutz has over 25 years of experience in technology development within the automotive industry and joins Polestar from Volvo Cars, where he has held a number of roles, including responsibility for Volvo’s electric propulsion systems. Before joining Volvo Cars, he was Vice President of Powertrain Development at IAV GmbH.