0001884082-26-000006 | 20-F | XBRL Viewer | Polestar Automotive Holding UK PLC

psny_OtherContributedCapital

4,133,458,000

psny_OtherContributedCapital

3,625,027,000

^[2]

psny_OtherContributedCapital

(30,156,000)

psny_OtherContributedCapital

(30,156,000)

psny_OtherContributedCapital

49,000

psny_OtherContributedCapital

(16,641,000)

Foreign currency translation reserve

psny_OtherContributedCapital

15,265,000

psny_ForeignCurrencyTranslationReserve

(14,661,000)

Foreign currency translation reserve

psny_ForeignCurrencyTranslationReserve

(63,152,000)

^[2]

Accumulated Deficit

psny_AccumulatedDeficit

(9,268,835,000)

Accumulated Deficit

psny_AccumulatedDeficit

(6,911,604,000)

^[2]

Current Liabilities, Accrued Expenses

psny_CurrentLiabilitiesAccruedExpenses

424,577,000

Current Liabilities, Accrued Expenses

psny_CurrentLiabilitiesAccruedExpenses

519,760,000

^[2]

Shares Liability

psny_SharesLiability

5,308,000

Shares Liability

psny_SharesLiability

3,500,000

^[2]

Increase (Decrease) Through Equity-Settled Share-Based Payment Transactions, Equity

psny_IncreaseDecreaseThroughEquitySettledShareBasedPaymentTransactionsEquity

3,000

Increase (Decrease) Through Equity-Settled Share-Based Payment Transactions, Equity

psny_IncreaseDecreaseThroughEquitySettledShareBasedPaymentTransactionsEquity

5,390,000

Increase (Decrease) Through Equity-Settled Share-Based Payment Transactions, Equity

psny_IncreaseDecreaseThroughEquitySettledShareBasedPaymentTransactionsEquity

5,393,000

Increase (Decrease) Through Equity-Settled Share-Based Payment Transactions, Equity

psny_IncreaseDecreaseThroughEquitySettledShareBasedPaymentTransactionsEquity

1,000

Increase (Decrease) Through Equity-Settled Share-Based Payment Transactions, Equity

psny_IncreaseDecreaseThroughEquitySettledShareBasedPaymentTransactionsEquity

9,840,000

Increase (Decrease) Through Equity-Settled Share-Based Payment Transactions, Equity

psny_IncreaseDecreaseThroughEquitySettledShareBasedPaymentTransactionsEquity

9,841,000

Increase (Decrease) Through Equity-Settled Share-Based Payment Transactions, Equity

psny_IncreaseDecreaseThroughEquitySettledShareBasedPaymentTransactionsEquity

89,000

Increase (Decrease) Through Equity-Settled Share-Based Payment Transactions, Equity

psny_IncreaseDecreaseThroughEquitySettledShareBasedPaymentTransactionsEquity

9,053,000

Increase (Decrease) Through Equity-Settled Share-Based Payment Transactions, Equity

psny_IncreaseDecreaseThroughEquitySettledShareBasedPaymentTransactionsEquity

9,142,000

psny_OtherFinancingInstrumentsValues

25,565,000

psny_OtherFinancingInstrumentsValues

25,565,000

psny_OtherFinancingInstrumentsValues

23,835,000

Adjustments For Additions (Reversals) For Warranties

psny_OtherFinancingInstrumentsValues

23,835,000

psny_AdjustmentsForAdditionsReversalsForWarranties

89,480,000

Adjustments For Additions (Reversals) For Warranties

psny_AdjustmentsForAdditionsReversalsForWarranties

34,710,000

^[3]

Adjustments For Additions (Reversals) For Warranties

psny_AdjustmentsForAdditionsReversalsForWarranties

66,158,000

^[3]

Unrealized exchange gains (losses) on operating payables

psny_UnrealizedExchangeGainsLossesOnOperatingPayables

(65,753,000)

Unrealized exchange gains (losses) on operating payables

psny_UnrealizedExchangeGainsLossesOnOperatingPayables

62,386,000

^[3]

Unrealized exchange gains (losses) on operating payables

psny_UnrealizedExchangeGainsLossesOnOperatingPayables

(10,449,000)

^[3]

Cash Flows From (Used In) Decrease (Increase) In Restricted Cash And Cash Equivalents, Financing Activities

psny_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalentsFinancingActivities

Cash Flows From (Used In) Decrease (Increase) In Restricted Cash And Cash Equivalents, Financing Activities

psny_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalentsFinancingActivities

^[3]

Cash Flows From (Used In) Decrease (Increase) In Restricted Cash And Cash Equivalents, Financing Activities

psny_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalentsFinancingActivities

(1,906,000)

^[3]

Repayment of lease liabilities

psny_RepaymentOfLeaseLiabilities

33,752,000

Repayment of lease liabilities

psny_RepaymentOfLeaseLiabilities

35,646,000

^[3]

Repayment of lease liabilities

psny_RepaymentOfLeaseLiabilities

$ 21,916,000

^[3]

Number Of Markets

psny_NumberOfMarkets

Revenue Growth Rate Assumption Used In Estimating Recoverable Amount Of Cash generating Unit

psny_RevenueGrowthRateAssumptionUsedInEstimatingRecoverableAmountOfCashGeneratingUnit

309.00%

Government grants receivable

psny_GovernmentGrantsReceivable

$ 2,102,000

Government grants receivable

psny_GovernmentGrantsReceivable

8,477,000

Current trade receivables due from related parties

psny_CurrentTradeReceivablesDueFromRelatedParties

Current Accrued Income From Related Parties

psny_CurrentAccruedIncomeFromRelatedParties

Other Current Assets From Related Parties

psny_OtherCurrentAssetsFromRelatedParties

Current trade payables to related parties

psny_CurrentTradePayablesToRelatedParties

Current Accrued Expenses, Related Parties

psny_CurrentAccruedExpensesRelatedParties

Current Interest-Bearing Liabilities, Related Parties

psny_CurrentInterestBearingLiabilitiesRelatedParties

Other Current Liabilities, Related Parties

psny_OtherCurrentLiabilitiesRelatedParties

Change In Fair Value Of Earn-Out Rights

psny_ChangeInFairValueOfEarnOutRights

Change In Fair Value Of Earn-Out Rights

psny_ChangeInFairValueOfEarnOutRights

Change In Fair Value Of Shares

psny_ChangeInFairValueOfShares

Change In Fair Value Of Shares

psny_ChangeInFairValueOfShares

Operational Credit Risk, Unrelated Parties

psny_OperationalCreditRiskUnrelatedParties

$ 20,937,000

Operational Credit Risk, Unrelated Parties, Percentage

psny_OperationalCreditRiskUnrelatedPartiesPercentage

0.110

Sensitivity Analysis For Market Volatility Risk, Reasonably Possible Change In Risk Variable, Impact On Net Income (Loss), Due To Ten Percent Increase

psny_SensitivityAnalysisForMarketVolatilityRiskReasonablyPossibleChangeInRiskVariableImpactOnNetIncomeLossDueToTenPercentIncrease

$ 4,436,000

Sensitivity Analysis For Market Volatility Risk, Reasonably Possible Change In Risk Variable, Impact On Net Income (Loss), Due To Ten Percent Increase

psny_SensitivityAnalysisForMarketVolatilityRiskReasonablyPossibleChangeInRiskVariableImpactOnNetIncomeLossDueToTenPercentIncrease

9,185,000

Sensitivity Analysis For Market Volatility Risk, Reasonably Possible Change In Risk Variable, Impact On Net Income (Loss), Due To Ten Percent Decrease

psny_SensitivityAnalysisForMarketVolatilityRiskReasonablyPossibleChangeInRiskVariableImpactOnNetIncomeLossDueToTenPercentDecrease

2,140,000

Sensitivity Analysis For Market Volatility Risk, Reasonably Possible Change In Risk Variable, Impact On Net Income (Loss), Due To Ten Percent Decrease

psny_SensitivityAnalysisForMarketVolatilityRiskReasonablyPossibleChangeInRiskVariableImpactOnNetIncomeLossDueToTenPercentDecrease

14,225,000

Sensitivity Analysis For Market Volatility Risk, Reasonably Possible Change In Risk Variable, Impact On Net Income (Loss), Due To One Percent Increase/Decrease

psny_SensitivityAnalysisForMarketVolatilityRiskReasonablyPossibleChangeInRiskVariableImpactOnNetIncomeLossDueToOnePercentIncreaseDecrease

25,848,000

Sensitivity Analysis For Market Volatility Risk, Reasonably Possible Change In Risk Variable, Impact On Net Income (Loss), Due To One Percent Increase/Decrease

psny_SensitivityAnalysisForMarketVolatilityRiskReasonablyPossibleChangeInRiskVariableImpactOnNetIncomeLossDueToOnePercentIncreaseDecrease

5,358,000

Sensitivity Analysis For Market Volatility Risk, Reasonably Possible Change In Risk Variable, Impact On Net Income (Loss), Due To One Percent Increase/Decrease

psny_SensitivityAnalysisForMarketVolatilityRiskReasonablyPossibleChangeInRiskVariableImpactOnNetIncomeLossDueToOnePercentIncreaseDecrease

1,089,000

Sensitivity Analysis For Market Volatility Risk, Reasonably Possible Change In Risk Variable, Impact On Net Income (Loss), Due To One Percent Increase/Decrease

psny_SensitivityAnalysisForMarketVolatilityRiskReasonablyPossibleChangeInRiskVariableImpactOnNetIncomeLossDueToOnePercentIncreaseDecrease

20,029,000

Sensitivity Analysis For Market Volatility Risk, Reasonably Possible Change In Risk Variable, Impact On Net Income (Loss), Due To One Percent Increase/Decrease

psny_SensitivityAnalysisForMarketVolatilityRiskReasonablyPossibleChangeInRiskVariableImpactOnNetIncomeLossDueToOnePercentIncreaseDecrease

3,464,000

Sensitivity Analysis For Market Volatility Risk, Reasonably Possible Change In Risk Variable, Impact On Net Income (Loss), Due To One Percent Increase/Decrease

psny_SensitivityAnalysisForMarketVolatilityRiskReasonablyPossibleChangeInRiskVariableImpactOnNetIncomeLossDueToOnePercentIncreaseDecrease

929,000

Sensitivity Analysis For Market Volatility Risk, Reasonably Possible Change In Risk Variable, Impact On Net Income (Loss), Due To One Percent Increase/Decrease

psny_SensitivityAnalysisForMarketVolatilityRiskReasonablyPossibleChangeInRiskVariableImpactOnNetIncomeLossDueToOnePercentIncreaseDecrease

$ 39,000

Disclosure Of Capital Management [Table Text Block]

psny_DisclosureOfCapitalManagementTableTextBlock

Polestar's capital is summarized as follows:


	As of December 31,
	2025	20241
Share capital and other contributed capital	4,161,275	3,646,196
Current loans and borrowings	3,860,675	2,657,839
Non-current loans and borrowings	2,499,230	2,281,062
Total capital	10,521,180	8,585,097

1 - The current and non-current loans and borrowings as of December 31, 2024 figures and descriptions were adjusted in accordance with stated in Voluntary re-presentation from previous year in Note 2 - Material accounting policies and use of significant judgements and estimates).

Share Capital And Other Contributed Capital

psny_ShareCapitalAndOtherContributedCapital

$ 4,161,275,000

Share Capital And Other Contributed Capital

psny_ShareCapitalAndOtherContributedCapital

3,646,196,000

Liabilities To Credit Institutions, Current

psny_LiabilitiesToCreditInstitutionsCurrent

3,860,675,000

Liabilities To Credit Institutions, Current

psny_LiabilitiesToCreditInstitutionsCurrent

2,657,839,000

Liabilities To Credit Institutions, Non Current

psny_LiabilitiesToCreditInstitutionsNonCurrent

2,499,230,000

Liabilities To Credit Institutions, Non Current

psny_LiabilitiesToCreditInstitutionsNonCurrent

2,281,062,000

Total Capital Management

psny_TotalCapitalManagement

10,521,180,000

Total Capital Management

psny_TotalCapitalManagement

8,585,097,000

Contract Liabilities Provided For During The Period

psny_ContractLiabilitiesProvidedForDuringThePeriod

38,423,000

Contract Liabilities Provided For During The Period

psny_ContractLiabilitiesProvidedForDuringThePeriod

18,322,000

Contract Liabilities Provided For During The Period

psny_ContractLiabilitiesProvidedForDuringThePeriod

7,956,000

Contract Liabilities Provided For During The Period

psny_ContractLiabilitiesProvidedForDuringThePeriod

64,701,000

Contract Liabilities Provided For During The Period

psny_ContractLiabilitiesProvidedForDuringThePeriod

27,295,000

Contract Liabilities Provided For During The Period

psny_ContractLiabilitiesProvidedForDuringThePeriod

14,567,000

Contract Liabilities Provided For During The Period

psny_ContractLiabilitiesProvidedForDuringThePeriod

5,795,000

Contract Liabilities Provided For During The Period

psny_ContractLiabilitiesProvidedForDuringThePeriod

47,657,000

psny_ContractLiabilitiesReleasedDuringThePeriod

(29,550,000)

psny_ContractLiabilitiesReleasedDuringThePeriod

(10,910,000)

psny_ContractLiabilitiesReleasedDuringThePeriod

(12,488,000)

psny_ContractLiabilitiesReleasedDuringThePeriod

(52,948,000)

psny_ContractLiabilitiesReleasedDuringThePeriod

(25,672,000)

psny_ContractLiabilitiesReleasedDuringThePeriod

(6,656,000)

psny_ContractLiabilitiesReleasedDuringThePeriod

(48,406,000)

psny_ContractLiabilitiesReleasedDuringThePeriod

(80,734,000)

psny_ContractLiabilityTranslationDifferences

(5,821,000)

psny_ContractLiabilityTranslationDifferences

8,628,000

psny_ContractLiabilityTranslationDifferences

63,000

psny_ContractLiabilityTranslationDifferences

2,870,000

psny_ContractLiabilityTranslationDifferences

(2,037,000)

psny_ContractLiabilityTranslationDifferences

(3,734,000)

psny_ContractLiabilityTranslationDifferences

(533,000)

psny_ContractLiabilityTranslationDifferences

(6,304,000)

psny_NonCurrentAssetsFromContractsWithCustomers

534,387,000

psny_NonCurrentAssetsFromContractsWithCustomers

1,015,649,000

psny_NonCurrentAssetsFromContractsWithCustomers

273,945,000

psny_NonCurrentAssetsFromContractsWithCustomers

417,070,000

psny_NonCurrentAssetsFromContractsWithCustomers

109,934,000

psny_NonCurrentAssetsFromContractsWithCustomers

257,000

psny_NonCurrentAssetsFromContractsWithCustomers

68,854,000

psny_NonCurrentAssetsFromContractsWithCustomers

84,211,000

psny_NonCurrentAssetsFromContractsWithCustomers

43,383,000

psny_NonCurrentAssetsFromContractsWithCustomers

63,738,000

psny_NonCurrentAssetsFromContractsWithCustomers

32,140,000

psny_NonCurrentAssetsFromContractsWithCustomers

11,837,000

psny_NonCurrentAssetsFromContractsWithCustomers

31,211,000

psny_NonCurrentAssetsFromContractsWithCustomers

41,967,000

psny_NonCurrentAssetsFromContractsWithCustomers

1,093,854,000

Expenses by major function [Table Text Block]

psny_NonCurrentAssetsFromContractsWithCustomers

$ 1,634,729,000

psny_ExpensesByMajorFunctionTableTextBlock

The following table illustrates the Group's expenses for major functions by nature:


	For the year ended December 31, 2025
	Cost of sales	Selling, general and administrative expense	Research and development expense	Total
Inventory costs	2,914,511	—	—	2,914,511
Impairment of property, plant and equipment, vehicles under operating leases, and intangible assets	1,049,851	—	—	1,049,851
Advertising, selling, and promotion costs	—	245,673	—	245,673
Professional services and consultant costs	—	199,548	29,219	228,767
Employee benefit costs	5,396	204,883	13,744	224,023
Warranties and costs associated with settling contract liabilities	148,700	—	—	148,700
Sales agent costs	—	123,385	—	123,385
Depreciation and amortization expense	17,633	23,397	11,694	52,724
Derecognition of IP assets	—	—	23,080	23,080
Maintenance and insurance service costs	—	19,212	—	19,212
Other costs	5,928	40,360	(101)	46,187
Total	4,142,019	856,458	77,636	5,076,113


	For the year ended December 31, 2024
	Cost of sales	Selling, general and administrative expense	Research and development expense	Total
Inventory costs	2,202,061	—	—	2,202,061
Impairment of property, plant and equipment, vehicles under operating leases, and intangible assets	622,092	—	—	622,092
Advertising, selling, and promotion costs	—	301,199	—	301,199
Professional services and consultant costs	—	256,683	26,714	283,397
Employee benefit costs	7,983	198,053	3,112	209,148
Warranties and costs associated with settling contract liabilities	68,264	951	—	69,215
Sales agent costs	—	58,009	—	58,009
Depreciation and amortization expense	13,006	32,864	9,849	55,719
Maintenance and insurance service costs	—	17,910	—	17,910

Other costs	(2,978)	25,034	(1,325)	20,731
Total	2,910,428	890,703	38,350	3,839,481


	For the year ended December 31, 2023
	Cost of sales	Selling, general and administrative expense	Research and development expense	Total
Inventory costs	2,330,807	(410)	—	2,330,397
Advertising, selling, and promotion costs	—	236,675	16,058	252,733
Impairment of property, plant and equipment, vehicles under operating leases, and intangible assets	339,592	(24)	—	339,568
Professional services and consultant costs	—	380,230	10,733	390,963
Employee benefit costs	43,207	191,922	527	235,656
Depreciation and amortization expense	16,019	24,315	75,111	115,445
Warranties and costs associated with settling contract liabilities	89,922	1,626	—	91,548
Sales agent costs	—	53,570	—	53,570
Maintenance and insurance service costs	—	21,844	—	21,844

Other costs	(41,325)	34,429	54,851	47,955
Total	2,778,222	944,177	157,280	3,879,679

Impairment of property, plant and equipment, vehicles under operating leases, and intangible assets

psny_ImpairmentOfPropertyPlantAndEquipmentVehiclesUnderOperatingLeasesAndIntangibleAssets

$ 1,049,851,000

Impairment of property, plant and equipment, vehicles under operating leases, and intangible assets

psny_ImpairmentOfPropertyPlantAndEquipmentVehiclesUnderOperatingLeasesAndIntangibleAssets

Impairment of property, plant and equipment, vehicles under operating leases, and intangible assets

psny_ImpairmentOfPropertyPlantAndEquipmentVehiclesUnderOperatingLeasesAndIntangibleAssets

Impairment of property, plant and equipment, vehicles under operating leases, and intangible assets

psny_ImpairmentOfPropertyPlantAndEquipmentVehiclesUnderOperatingLeasesAndIntangibleAssets

1,049,851,000

Impairment of property, plant and equipment, vehicles under operating leases, and intangible assets

psny_ImpairmentOfPropertyPlantAndEquipmentVehiclesUnderOperatingLeasesAndIntangibleAssets

622,092,000

Impairment of property, plant and equipment, vehicles under operating leases, and intangible assets

psny_ImpairmentOfPropertyPlantAndEquipmentVehiclesUnderOperatingLeasesAndIntangibleAssets

Impairment of property, plant and equipment, vehicles under operating leases, and intangible assets

psny_ImpairmentOfPropertyPlantAndEquipmentVehiclesUnderOperatingLeasesAndIntangibleAssets

Impairment of property, plant and equipment, vehicles under operating leases, and intangible assets

psny_ImpairmentOfPropertyPlantAndEquipmentVehiclesUnderOperatingLeasesAndIntangibleAssets

622,092,000

Impairment of property, plant and equipment, vehicles under operating leases, and intangible assets

psny_ImpairmentOfPropertyPlantAndEquipmentVehiclesUnderOperatingLeasesAndIntangibleAssets

339,592,000

Impairment of property, plant and equipment, vehicles under operating leases, and intangible assets

psny_ImpairmentOfPropertyPlantAndEquipmentVehiclesUnderOperatingLeasesAndIntangibleAssets

(24,000)

Impairment of property, plant and equipment, vehicles under operating leases, and intangible assets

psny_ImpairmentOfPropertyPlantAndEquipmentVehiclesUnderOperatingLeasesAndIntangibleAssets

Impairment of property, plant and equipment, vehicles under operating leases, and intangible assets

psny_ImpairmentOfPropertyPlantAndEquipmentVehiclesUnderOperatingLeasesAndIntangibleAssets

339,568,000

Decrease through derecognition of intangible assets

psny_DecreaseThroughDerecognitionOfIntangibleAssets

Decrease through derecognition of intangible assets

psny_DecreaseThroughDerecognitionOfIntangibleAssets

Decrease through derecognition of intangible assets

psny_DecreaseThroughDerecognitionOfIntangibleAssets

23,080,000

Decrease through derecognition of intangible assets

psny_DecreaseThroughDerecognitionOfIntangibleAssets

23,080,000

psny_OtherExpensesIncomeByNature

5,928,000

psny_OtherExpensesIncomeByNature

40,360,000

psny_OtherExpensesIncomeByNature

(101,000)

psny_OtherExpensesIncomeByNature

46,187,000

psny_OtherExpensesIncomeByNature

(2,978,000)

psny_OtherExpensesIncomeByNature

25,034,000

psny_OtherExpensesIncomeByNature

(1,325,000)

psny_OtherExpensesIncomeByNature

20,731,000

psny_OtherExpensesIncomeByNature

(41,325,000)

psny_OtherExpensesIncomeByNature

34,429,000

psny_OtherExpensesIncomeByNature

54,851,000

psny_OtherExpensesIncomeByNature

47,955,000

psny_RawMaterialsAndConsumablesUsedReversed

2,330,807,000

psny_RawMaterialsAndConsumablesUsedReversed

(410,000)

psny_RawMaterialsAndConsumablesUsedReversed

Disclosure Of Other Operating Income And Expense [Table Text Block]

psny_RawMaterialsAndConsumablesUsedReversed

$ 2,330,397,000

psny_DisclosureOfOtherOperatingIncomeAndExpenseTableTextBlock


	For the year ended December 31,
	2025	20241	20231
Other operating income
Transition services to Polestar Times Technology	15,499	26,944	—
Sale of carbon credits	18,616	—	5,628
Sales of plant operation services to a related party	666	10,100	25,202
Reduction of litigation provision, net of insurance	—	2,345	—
Gain on asset grouping sold to a related party2	—	—	16,334
Other operating income	17,632	20,043	15,773
Total other operating income	52,413	59,432	62,937

Other operating expense
Restructuring costs3	(67,559)	—	—
Property tax and other state and local tax expenses	(2,296)	(1,248)	(669)
Transition services from Polestar Times Technology	(1,130)	(8,939)	(27,630)
Litigation expense, net of insurance	—	—	(25,676)
Other operating expenses	(16,825)	(13,631)	(4,348)
Total other operating expense	(87,810)	(23,818)	(58,323)

1 - The amounts for December 31, 2024 and 2023 were re-presented (see Voluntary re-presentation from previous year in Note 2 - Material accounting policies and use of significant judgements and estimates).

2 - In December 2022, the Group committed to a plan to sell its Chengdu manufacturing plant, held by its subsidiary Polestar New Energy Vehicle Co. LTD. ("BSNEV"), to Geely. The plant was previously used to manufacture the Polestar 1 and the special edition Polestar 2 BST 270. Accordingly, the Chengdu plant and certain related assets, including an intercompany receivable that Geely agreed to assume as part of the transaction, were classified as a disposal group held for sale. The sale was completed on August 1, 2023. On disposal, the Group reclassified cumulative foreign exchange losses of $6,636 from equity to profit or loss within the gain on disposal and derecognized the disposal group, resulting in a total gain of $16,334.

3 - The restructuring costs are primarily related to asset impairment and write-offs and severance costs.

Other Operating Income From Services To Associate, Corporate Services

psny_OtherOperatingIncomeFromServicesToAssociateCorporateServices

$ 15,499,000

Other Operating Income From Services To Associate, Corporate Services

psny_OtherOperatingIncomeFromServicesToAssociateCorporateServices

23,400,000

Other Operating Income From Services To Associate, Corporate Services

psny_OtherOperatingIncomeFromServicesToAssociateCorporateServices

3,544,000

Other Operating Income From Transition Services

psny_OtherOperatingIncomeFromTransitionServices

26,944,000

Other Operating Income From Transition Services

psny_OtherOperatingIncomeFromTransitionServices

Other Operating Income From Sales Of Carbon Credits

psny_OtherOperatingIncomeFromSalesOfCarbonCredits

18,616,000

Other Operating Income From Sales Of Carbon Credits

psny_OtherOperatingIncomeFromSalesOfCarbonCredits

Other Operating Income From Sales Of Carbon Credits

psny_OtherOperatingIncomeFromSalesOfCarbonCredits

5,628,000

Other Operating Income, Sales Of Plant Operation Services

psny_OtherOperatingIncomeSalesOfPlantOperationServices

666,000

Other Operating Income, Sales Of Plant Operation Services

psny_OtherOperatingIncomeSalesOfPlantOperationServices

10,100,000

Other Operating Income, Sales Of Plant Operation Services

psny_OtherOperatingIncomeSalesOfPlantOperationServices

25,202,000

Other Operating Income, Sales Of Plant Operation Services

psny_OtherOperatingIncomeSalesOfPlantOperationServices

75,700,000

Other Operating Income, Sales Of Plant Operation Services

psny_OtherOperatingIncomeSalesOfPlantOperationServices

148,000,000.0

Other Operating Income, Reduction Of Litigation Provision, Net Of Insurance

psny_OtherOperatingIncomeReductionOfLitigationProvisionNetOfInsurance

Other Operating Income, Reduction Of Litigation Provision, Net Of Insurance

psny_OtherOperatingIncomeReductionOfLitigationProvisionNetOfInsurance

2,345,000

Other Operating Income, Reduction Of Litigation Provision, Net Of Insurance

psny_OtherOperatingIncomeReductionOfLitigationProvisionNetOfInsurance

psny_GainsLossesOnAssetsHeldForSale

psny_GainsLossesOnAssetsHeldForSale

psny_GainsLossesOnAssetsHeldForSale

16,334,000

Operating Expense From Services To Associate, Corporate Services

psny_GainsLossesOnAssetsHeldForSale

16,334,000

psny_OperatingExpenseFromServicesToAssociateCorporateServices

1,130,000

Other Operating Income From Services To Associate

psny_OtherOperatingIncomeFromServicesToAssociate

8,939,000

Other Operating Income From Services To Associate

psny_OtherOperatingIncomeFromServicesToAssociate

27,630,000

Litigation expense, net of insurance

psny_LitigationExpenseNetOfInsurance

Litigation expense, net of insurance

psny_LitigationExpenseNetOfInsurance

Litigation expense, net of insurance

psny_LitigationExpenseNetOfInsurance

25,676,000

Other Operating Expenses

psny_OtherOperatingExpenses

16,825,000

Other Operating Expenses

psny_OtherOperatingExpenses

13,631,000

Other Operating Expenses

psny_OtherOperatingExpenses

4,348,000

Cumulative Foreign Exchange Loss

psny_CumulativeForeignExchangeLoss

$ 6,636,000

Vesting Requirements For Share-Based Payment Arrangement, Vesting Period

psny_VestingRequirementsForShareBasedPaymentArrangementVestingPeriod

11 months

Other Equity Instruments Life, Other Equity Instruments Granted

psny_OtherEquityInstrumentsLifeOtherEquityInstrumentsGranted

2 years 3 months 18 days

Other Equity Instruments Life, Other Equity Instruments Granted

psny_OtherEquityInstrumentsLifeOtherEquityInstrumentsGranted

2 years 8 months 12 days

Other Equity Instruments Life, Other Equity Instruments Granted

psny_OtherEquityInstrumentsLifeOtherEquityInstrumentsGranted

2 years 8 months 12 days

Other Equity Instruments Life, Other Equity Instruments Granted

psny_OtherEquityInstrumentsLifeOtherEquityInstrumentsGranted

2 years 10 months 24 days

Risk Free Interest Rate, Other Equity Instruments Granted

psny_RiskFreeInterestRateOtherEquityInstrumentsGranted

3.50%

Risk Free Interest Rate, Other Equity Instruments Granted

psny_RiskFreeInterestRateOtherEquityInstrumentsGranted

3.80%

Risk Free Interest Rate, Other Equity Instruments Granted

psny_RiskFreeInterestRateOtherEquityInstrumentsGranted

4.50%

Risk Free Interest Rate, Other Equity Instruments Granted

psny_RiskFreeInterestRateOtherEquityInstrumentsGranted

4.30%

Expected Dividend As Percentage, Other Equity Instruments Granted

psny_ExpectedDividendAsPercentageOtherEquityInstrumentsGranted

0.00%

Expected Dividend As Percentage, Other Equity Instruments Granted

psny_ExpectedDividendAsPercentageOtherEquityInstrumentsGranted

0.00%

Expected Dividend As Percentage, Other Equity Instruments Granted

psny_ExpectedDividendAsPercentageOtherEquityInstrumentsGranted

0.00%

Expected Dividend As Percentage, Other Equity Instruments Granted

psny_ExpectedDividendAsPercentageOtherEquityInstrumentsGranted

0.00%

Expected Volatility, Other Equity Instruments Granted

psny_ExpectedVolatilityOtherEquityInstrumentsGranted

70.00%

Expected Volatility, Other Equity Instruments Granted

psny_ExpectedVolatilityOtherEquityInstrumentsGranted

75.00%

Expected Volatility, Other Equity Instruments Granted

psny_ExpectedVolatilityOtherEquityInstrumentsGranted

75.00%

Expected Volatility, Other Equity Instruments Granted

psny_ExpectedVolatilityOtherEquityInstrumentsGranted

84.00%

Number of Simulation Iterations, Other Equity Instruments Granted

psny_NumberOfSimulationIterationsOtherEquityInstrumentsGranted

100,000

Number of Simulation Iterations, Other Equity Instruments Granted

psny_NumberOfSimulationIterationsOtherEquityInstrumentsGranted

100,000

Number of Simulation Iterations, Other Equity Instruments Granted

psny_NumberOfSimulationIterationsOtherEquityInstrumentsGranted

100,000

Number of Simulation Iterations, Other Equity Instruments Granted

psny_NumberOfSimulationIterationsOtherEquityInstrumentsGranted

50,000

Weighted Average Fair Value Price At Measurement Date, Other Equity Instruments Granted

psny_WeightedAverageFairValuePriceAtMeasurementDateOtherEquityInstrumentsGranted

$ 7.02

Weighted Average Fair Value Price At Measurement Date, Other Equity Instruments Granted

psny_WeightedAverageFairValuePriceAtMeasurementDateOtherEquityInstrumentsGranted

3.68

Weighted Average Fair Value Price At Measurement Date, Other Equity Instruments Granted

psny_WeightedAverageFairValuePriceAtMeasurementDateOtherEquityInstrumentsGranted

1.57

Weighted Average Fair Value Price At Measurement Date, Other Equity Instruments Granted

psny_WeightedAverageFairValuePriceAtMeasurementDateOtherEquityInstrumentsGranted

$ 1.19

Proportion Of Proportionate Share Percentage

psny_ProportionOfProportionateSharePercentage

0.40

Proportion Of Proportionate Share Percentage

psny_ProportionOfProportionateSharePercentage

0.60

Property, Plant and Equipment Investment

psny_PropertyPlantAndEquipmentInvestment

$ 8,159,000

Disclosure Of Activity Related Of Investment [Table Text Block]

psny_DisclosureOfActivityRelatedOfInvestmentTableTextBlock

The following table summarizes the activity related to Polestar's investment in Polestar Times Technology:


Balance as of January 1, 2024			—
Investment in Polestar Times Technology			14,508
Elimination of effects of downstream sales			(9,538)
Recognized share of losses in Polestar Times Technology			(4,970)
Balance as of December 31, 2024			—


Investment in Polestar Times Technology			54,092
Elimination of effects of downstream sales			(4,947)
Recognized share of losses in Polestar Times Technology			(49,145)
Balance as of December 31, 2025			—

The following table summarizes the activity related to Polestar's unrecognized losses in Polestar Times Technology:


Unrecognized balance as of January 1, 2024			(1,407)

Additional unrecognized share of losses in Polestar Technology			(64,581)

Unrecognized balance as of January 1, 2025			(65,988)
Recognized share of losses in Polestar Times Technology			49,145
Additional unrecognized share of losses in Polestar Technology			(9,180)
Unrecognized balance as of December 31, 2025			(26,023)

Investment In Affiliates, Outstanding Balance

psny_InvestmentInAffiliatesOutstandingBalance

$ 0

Investment In Affiliates, Outstanding Balance

psny_InvestmentInAffiliatesOutstandingBalance

Investment In Affiliates, Outstanding Balance

psny_InvestmentInAffiliatesOutstandingBalance

psny_InvestmentInPolestarCompanyTechnology

14,508,000

psny_InvestmentInPolestarCompanyTechnology

54,092,000

psny_InvestmentInPolestarCompanyTechnology

psny_InvestmentInPolestarCompanyTechnology

9,608,000

Elimination Of Effects Of Downstream Sales

psny_InvestmentInPolestarCompanyTechnology

29,400,000

psny_EliminationOfEffectsOfDownstreamSales

(9,538,000)

Elimination Of Effects Of Downstream Sales

psny_EliminationOfEffectsOfDownstreamSales

(4,947,000)

Investment In Affiliates, Share of Net Income (Loss)

psny_InvestmentInAffiliatesShareOfNetIncomeLoss

(4,970,000)

Investment In Affiliates, Share of Net Income (Loss)

psny_InvestmentInAffiliatesShareOfNetIncomeLoss

(49,145,000)

Investment In Affiliates, Share of Net Income (Loss)

psny_InvestmentInAffiliatesShareOfNetIncomeLoss

(49,145,000)

Unrecognized Losses in Polestar Technology

psny_UnrecognizedLossesInPolestarTechnology

1,407,000

Unrecognized Losses in Polestar Technology

psny_UnrecognizedLossesInPolestarTechnology

65,988,000

Unrecognized Losses in Polestar Technology

psny_UnrecognizedLossesInPolestarTechnology

26,023,000

Additional Unrecognized Losses in Polestar Technology

psny_AdditionalUnrecognizedLossesInPolestarTechnology

64,581,000

Additional Unrecognized Losses in Polestar Technology

psny_AdditionalUnrecognizedLossesInPolestarTechnology

$ 9,180,000

Disclosure Of Financial Information Own Financial Statements [Table Text Block]

psny_DisclosureOfFinancialInformationOwnFinancialStatementsTableTextBlock

The following table provides summarized financial information from Polestar Times Technology's financial statements and a reconciliation to the carrying amount of Polestar's investment for years ended December 31, 2025 and 2024:

During the year ended December 31, 2025, Polestar did not make any additional investments.


	As of December 31,
	2025		2024
Polestar's percentage ownership interest	46.2	%	46.2	%
Non-current assets	—		46,918
Current assets	22,599		48,501
Non-current liabilities	—		(20,007)
Current liabilities	(47,020)		(175,538)
Net liabilities	(24,421)		(100,126)
Less: capital reserves	(30,156)		(30,156)
Less: share capital attributable to Xingji Meizu	49		(16,641)
Adjusted net liabilities	(54,528)		(146,923)
The Group's share of net liabilities	(25,192)		(67,878)
Elimination of effects of downstream sales in inventory	1,390		2,578
Elimination of effects of downstream sales in long-term assets	(1,971)		1,789
Unrecognized losses in Polestar Times Technology	26,024		64,581
Other reconciling items	(251)		(1,070)
Carrying amount of the Group's investment in Polestar Times Technology	—		—


	For the year ended December 31,
	2025	2024
Revenue	9,497	53,248
Net loss	(22,279)	(150,864)
Other comprehensive loss	2,408	320
Total comprehensive loss	(19,871)	(150,544)
The Group's share of losses in Polestar Times Technology	(9,180)	(69,551)

Net Assets and Liabilities

psny_NetAssetsAndLiabilities

$ (24,421,000)

Net Assets and Liabilities

psny_NetAssetsAndLiabilities

(100,126,000)

Adjusted Net liabilities

psny_AdjustedNetLiabilities

(54,528,000)

Adjusted Net liabilities

psny_AdjustedNetLiabilities

(146,923,000)

Group Share Of Net Liabilities

psny_GroupShareOfNetLiabilities

25,192,000

Group Share Of Net Liabilities

psny_GroupShareOfNetLiabilities

67,878,000

Elimination Of Effect Of Downstream Sales

psny_EliminationOfEffectOfDownstreamSales

1,390,000

Elimination Of Effect Of Downstream Sales

psny_EliminationOfEffectOfDownstreamSales

2,578,000

Elimination Of Effect Of Downstream Sales In Long Term Asset

psny_EliminationOfEffectOfDownstreamSalesInLongTermAsset

(1,971,000)

Elimination Of Effect Of Downstream Sales In Long Term Asset

psny_EliminationOfEffectOfDownstreamSalesInLongTermAsset

1,789,000

Unrecognized losses in Polestar Technology, Carrying Amount

psny_UnrecognizedLossesInPolestarTechnologyCarryingAmount

26,024,000

Unrecognized losses in Polestar Technology, Carrying Amount

psny_UnrecognizedLossesInPolestarTechnologyCarryingAmount

64,581,000

Other Reconciling Items

psny_OtherReconcilingItems

(251,000)

Other Reconciling Items

psny_OtherReconcilingItems

(1,070,000)

Carrying Amount Of Group Investment

psny_CarryingAmountOfGroupInvestment

Carrying Amount Of Group Investment

psny_CarryingAmountOfGroupInvestment

psny_LeaseLiabilityPaymentDue

38,512,000

psny_LeaseLiabilityPaymentDue

35,129,000

psny_LeaseLiabilityPaymentDue

26,995,000

psny_LeaseLiabilityPaymentDue

37,128,000

psny_LeaseLiabilityPaymentDue

19,661,000

psny_LeaseLiabilityPaymentDue

19,865,000

psny_LeaseLiabilityPaymentDue

18,446,000

psny_LeaseLiabilityPaymentDue

17,179,000

psny_LeaseLiabilityPaymentDue

16,340,000

psny_LeaseLiabilityPaymentDue

15,832,000

psny_LeaseLiabilityPaymentDue

33,739,000

psny_LeaseLiabilityPaymentDue

38,862,000

psny_LeaseLiabilityPaymentDue

153,693,000