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  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel"/>
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
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    <link:label id="lab_psny_CurrentAccruedIncomeFromRelatedParties_c0283413-a45e-4bc8-af00-de584628cb0c_verboseLabel_en-US" xlink:label="lab_psny_CurrentAccruedIncomeFromRelatedParties" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Accrued income - related parties</link:label>
    <link:label id="lab_psny_CurrentAccruedIncomeFromRelatedParties_label_en-US" xlink:label="lab_psny_CurrentAccruedIncomeFromRelatedParties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Accrued Income From Related Parties</link:label>
    <link:label id="lab_psny_CurrentAccruedIncomeFromRelatedParties_documentation_en-US" xlink:label="lab_psny_CurrentAccruedIncomeFromRelatedParties" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Current Accrued Income From Related Parties</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_CurrentAccruedIncomeFromRelatedParties" xlink:href="psny-20240630.xsd#psny_CurrentAccruedIncomeFromRelatedParties"/>
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    <link:label id="lab_ifrs-full_ClassesOfFinancialLiabilitiesAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of financial liabilities [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ClassesOfFinancialLiabilitiesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:to="lab_ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SignificantInvestmentsInAssociatesAxis_3cb37e4e-467d-4825-8a0e-ebf91660c698_terseLabel_en-US" xlink:label="lab_ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Associates [axis]</link:label>
    <link:label id="lab_ifrs-full_SignificantInvestmentsInAssociatesAxis_label_en-US" xlink:label="lab_ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Associates [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_SignificantInvestmentsInAssociatesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:to="lab_ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AccumulatedDepreciationAndAmortisationMember_c7a0107d-bd1b-4d50-b375-f418785fef4c_terseLabel_en-US" xlink:label="lab_ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated depreciation and amortisation</link:label>
    <link:label id="lab_ifrs-full_AccumulatedDepreciationAndAmortisationMember_label_en-US" xlink:label="lab_ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated depreciation and amortisation [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AccumulatedDepreciationAndAmortisationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:to="lab_ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates_27ae12c4-39b1-4c0e-8c6a-85be1e444bb2_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Share of losses in associates</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for undistributed profits of associates</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates" xlink:to="lab_ifrs-full_AdjustmentsForUndistributedProfitsOfAssociates" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherOperatingIncomeExpense_5d74bde4-0640-4cb9-9347-d2dc11c22bb3_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherOperatingIncomeExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other operating income, net</link:label>
    <link:label id="lab_ifrs-full_OtherOperatingIncomeExpense_69989d82-8b21-4154-870f-248cb79c032f_verboseLabel_en-US" xlink:label="lab_ifrs-full_OtherOperatingIncomeExpense" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other operating expense, net</link:label>
    <link:label id="lab_ifrs-full_OtherOperatingIncomeExpense_label_en-US" xlink:label="lab_ifrs-full_OtherOperatingIncomeExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other operating income (expense)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherOperatingIncomeExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherOperatingIncomeExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherOperatingIncomeExpense" xlink:to="lab_ifrs-full_OtherOperatingIncomeExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInPropertyPlantAndEquipmentIncludingRightofuseAssets_be00ead3-30bb-47d3-8d31-8f3e58f6e17f_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInPropertyPlantAndEquipmentIncludingRightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase (decrease) in property, plant and equipment including right-of-use assets</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInPropertyPlantAndEquipmentIncludingRightofuseAssets_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInPropertyPlantAndEquipmentIncludingRightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in property, plant and equipment including right-of-use assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseInPropertyPlantAndEquipmentIncludingRightofuseAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IncreaseDecreaseInPropertyPlantAndEquipmentIncludingRightofuseAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInPropertyPlantAndEquipmentIncludingRightofuseAssets" xlink:to="lab_ifrs-full_IncreaseDecreaseInPropertyPlantAndEquipmentIncludingRightofuseAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_RangeMember_100ddb98-20c5-4e20-8598-f5981d304cb1_terseLabel_en-US" xlink:label="lab_srt_RangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statistical Measurement [Domain]</link:label>
    <link:label id="lab_srt_RangeMember_label_en-US" xlink:label="lab_srt_RangeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statistical Measurement [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_RangeMember" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_RangeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_RangeMember" xlink:to="lab_srt_RangeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_RepaymentOfLeaseLiabilities_111c1c48-7d30-4539-a747-525485a4645c_negatedTerseLabel_en-US" xlink:label="lab_psny_RepaymentOfLeaseLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Repayments of lease liabilities</link:label>
    <link:label id="lab_psny_RepaymentOfLeaseLiabilities_label_en-US" xlink:label="lab_psny_RepaymentOfLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repayment of lease liabilities</link:label>
    <link:label id="lab_psny_RepaymentOfLeaseLiabilities_documentation_en-US" xlink:label="lab_psny_RepaymentOfLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Repayment of lease liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_RepaymentOfLeaseLiabilities" xlink:href="psny-20240630.xsd#psny_RepaymentOfLeaseLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_RepaymentOfLeaseLiabilities" xlink:to="lab_psny_RepaymentOfLeaseLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_AcquiredIntellectualPropertyMember_254a0914-d4b7-4648-ab48-a31fed6d8574_terseLabel_en-US" xlink:label="lab_psny_AcquiredIntellectualPropertyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquired IP</link:label>
    <link:label id="lab_psny_AcquiredIntellectualPropertyMember_label_en-US" xlink:label="lab_psny_AcquiredIntellectualPropertyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Acquired Intellectual Property [Member]</link:label>
    <link:label id="lab_psny_AcquiredIntellectualPropertyMember_documentation_en-US" xlink:label="lab_psny_AcquiredIntellectualPropertyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Acquired Intellectual Property</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_AcquiredIntellectualPropertyMember" xlink:href="psny-20240630.xsd#psny_AcquiredIntellectualPropertyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_AcquiredIntellectualPropertyMember" xlink:to="lab_psny_AcquiredIntellectualPropertyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_CoverAbstract_label_en-US" xlink:label="lab_dei_CoverAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cover [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CoverAbstract" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CoverAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CoverAbstract" xlink:to="lab_dei_CoverAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed_c0d88b26-09c8-43c0-8028-ec9db5916f77_negatedLabel_en-US" xlink:label="lab_ifrs-full_ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Expense relating to short-term leases</link:label>
    <link:label id="lab_ifrs-full_ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed_label_en-US" xlink:label="lab_ifrs-full_ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expense relating to short-term leases for which recognition exemption has been used</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed" xlink:to="lab_ifrs-full_ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EarningsPerShareAbstract_eeab0219-104d-46a6-99f3-866ff615d186_terseLabel_en-US" xlink:label="lab_ifrs-full_EarningsPerShareAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net loss per share (in U.S. dollars)</link:label>
    <link:label id="lab_ifrs-full_EarningsPerShareAbstract_label_en-US" xlink:label="lab_ifrs-full_EarningsPerShareAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings per share [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EarningsPerShareAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_EarningsPerShareAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EarningsPerShareAbstract" xlink:to="lab_ifrs-full_EarningsPerShareAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentLiabilities_5ea245db-1d5f-474a-ba7c-bd72d5333d0f_negatedTotalLabel_en-US" xlink:label="lab_ifrs-full_CurrentLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Total current liabilities</link:label>
    <link:label id="lab_ifrs-full_CurrentLiabilities_72e72a5d-c1c7-4e59-9054-7ba15f633feb_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_CurrentLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Current liabilities</link:label>
    <link:label id="lab_ifrs-full_CurrentLiabilities_label_en-US" xlink:label="lab_ifrs-full_CurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentLiabilities" xlink:to="lab_ifrs-full_CurrentLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RestrictedShareUnitsMember_5b5f9095-1442-40c8-8bbc-72b24f8218b9_terseLabel_en-US" xlink:label="lab_ifrs-full_RestrictedShareUnitsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">RSUs</link:label>
    <link:label id="lab_ifrs-full_RestrictedShareUnitsMember_label_en-US" xlink:label="lab_ifrs-full_RestrictedShareUnitsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted share units [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RestrictedShareUnitsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_RestrictedShareUnitsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RestrictedShareUnitsMember" xlink:to="lab_ifrs-full_RestrictedShareUnitsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_TrademarkMember_42fb8804-9e98-47b1-908c-07ed3b942d71_terseLabel_en-US" xlink:label="lab_psny_TrademarkMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trademarks</link:label>
    <link:label id="lab_psny_TrademarkMember_label_en-US" xlink:label="lab_psny_TrademarkMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trademark [Member]</link:label>
    <link:label id="lab_psny_TrademarkMember_documentation_en-US" xlink:label="lab_psny_TrademarkMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Trademarks</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_TrademarkMember" xlink:href="psny-20240630.xsd#psny_TrademarkMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_TrademarkMember" xlink:to="lab_psny_TrademarkMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_RelatedPartyTransactionIntangibleAssets_333e8686-c8ac-47f5-a6e2-e3588624fd75_terseLabel_en-US" xlink:label="lab_psny_RelatedPartyTransactionIntangibleAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related party transaction, intangible assets</link:label>
    <link:label id="lab_psny_RelatedPartyTransactionIntangibleAssets_label_en-US" xlink:label="lab_psny_RelatedPartyTransactionIntangibleAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related party transaction, intangible assets</link:label>
    <link:label id="lab_psny_RelatedPartyTransactionIntangibleAssets_documentation_en-US" xlink:label="lab_psny_RelatedPartyTransactionIntangibleAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Related party transaction, intangible assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_RelatedPartyTransactionIntangibleAssets" xlink:href="psny-20240630.xsd#psny_RelatedPartyTransactionIntangibleAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_RelatedPartyTransactionIntangibleAssets" xlink:to="lab_psny_RelatedPartyTransactionIntangibleAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_ContractLiabilitiesProvidedForDuringThePeriod_0de2c29a-9065-4cee-b03a-068161db515a_terseLabel_en-US" xlink:label="lab_psny_ContractLiabilitiesProvidedForDuringThePeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provided for during the period - (Restated)</link:label>
    <link:label id="lab_psny_ContractLiabilitiesProvidedForDuringThePeriod_label_en-US" xlink:label="lab_psny_ContractLiabilitiesProvidedForDuringThePeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract Liabilities Provided For During The Period</link:label>
    <link:label id="lab_psny_ContractLiabilitiesProvidedForDuringThePeriod_documentation_en-US" xlink:label="lab_psny_ContractLiabilitiesProvidedForDuringThePeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contract Liabilities Provided For During The Period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ContractLiabilitiesProvidedForDuringThePeriod" xlink:href="psny-20240630.xsd#psny_ContractLiabilitiesProvidedForDuringThePeriod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_ContractLiabilitiesProvidedForDuringThePeriod" xlink:to="lab_psny_ContractLiabilitiesProvidedForDuringThePeriod" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_ExternalInvestorsMember_233db935-fe1b-417e-9493-6840aa6248e9_terseLabel_en-US" xlink:label="lab_psny_ExternalInvestorsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">External Investors</link:label>
    <link:label id="lab_psny_ExternalInvestorsMember_label_en-US" xlink:label="lab_psny_ExternalInvestorsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">External Investors [Member]</link:label>
    <link:label id="lab_psny_ExternalInvestorsMember_documentation_en-US" xlink:label="lab_psny_ExternalInvestorsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">External Investors</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ExternalInvestorsMember" xlink:href="psny-20240630.xsd#psny_ExternalInvestorsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_ExternalInvestorsMember" xlink:to="lab_psny_ExternalInvestorsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_PolestarAutomotiveHoldingLimitedFormerParentMember_4cc30b9e-81d6-4866-8188-55e29ae97d36_terseLabel_en-US" xlink:label="lab_psny_PolestarAutomotiveHoldingLimitedFormerParentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Polestar Automotive Holding Limited ("Former Parent")</link:label>
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    <link:label id="lab_psny_PolestarAutomotiveHoldingLimitedFormerParentMember_documentation_en-US" xlink:label="lab_psny_PolestarAutomotiveHoldingLimitedFormerParentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Polestar Automotive Holding Limited ("Former Parent")</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_PolestarAutomotiveHoldingLimitedFormerParentMember" xlink:href="psny-20240630.xsd#psny_PolestarAutomotiveHoldingLimitedFormerParentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_PolestarAutomotiveHoldingLimitedFormerParentMember" xlink:to="lab_psny_PolestarAutomotiveHoldingLimitedFormerParentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfEarningsPerShareExplanatory_1b33cd4b-ad50-40b3-87fb-6815d46bf121_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net loss per share</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfEarningsPerShareExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of earnings per share [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfEarningsPerShareExplanatory"/>
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    <link:label id="lab_psny_A12MonthSecuredOvernightFinancingRatePlus0.9Member_77d8d087-fce0-4245-83b1-fabb1a5cd2e3_terseLabel_en-US" xlink:label="lab_psny_A12MonthSecuredOvernightFinancingRatePlus0.9Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">12 Month Secured Overnight Financing Rate Plus 0.9%</link:label>
    <link:label id="lab_psny_A12MonthSecuredOvernightFinancingRatePlus0.9Member_label_en-US" xlink:label="lab_psny_A12MonthSecuredOvernightFinancingRatePlus0.9Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">12 Month Secured Overnight Financing Rate Plus 0.9% [Member]</link:label>
    <link:label id="lab_psny_A12MonthSecuredOvernightFinancingRatePlus0.9Member_documentation_en-US" xlink:label="lab_psny_A12MonthSecuredOvernightFinancingRatePlus0.9Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">12 Month Secured Overnight Financing Rate Plus 0.9%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_A12MonthSecuredOvernightFinancingRatePlus0.9Member" xlink:href="psny-20240630.xsd#psny_A12MonthSecuredOvernightFinancingRatePlus0.9Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_A12MonthSecuredOvernightFinancingRatePlus0.9Member" xlink:to="lab_psny_A12MonthSecuredOvernightFinancingRatePlus0.9Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityAbstract_label_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfChangesInEquityAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_StatementOfChangesInEquityAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfChangesInEquityAbstract" xlink:to="lab_ifrs-full_StatementOfChangesInEquityAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfContingentLiabilitiesAxis_68b940d7-7156-42a8-9f9e-67376fa66b84_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfContingentLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of contingent liabilities [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfContingentLiabilitiesAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfContingentLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of contingent liabilities [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfContingentLiabilitiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ClassesOfContingentLiabilitiesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfContingentLiabilitiesAxis" xlink:to="lab_ifrs-full_ClassesOfContingentLiabilitiesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_InvestmentInPolestarCompanyTechnology_a21c9123-5559-4026-81ca-e03cf9f81b74_terseLabel_en-US" xlink:label="lab_psny_InvestmentInPolestarCompanyTechnology" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment in Polestar Times Technology</link:label>
    <link:label id="lab_psny_InvestmentInPolestarCompanyTechnology_label_en-US" xlink:label="lab_psny_InvestmentInPolestarCompanyTechnology" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment In Polestar Company Technology</link:label>
    <link:label id="lab_psny_InvestmentInPolestarCompanyTechnology_documentation_en-US" xlink:label="lab_psny_InvestmentInPolestarCompanyTechnology" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investment In Polestar Company Technology</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_InvestmentInPolestarCompanyTechnology" xlink:href="psny-20240630.xsd#psny_InvestmentInPolestarCompanyTechnology"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_InvestmentInPolestarCompanyTechnology" xlink:to="lab_psny_InvestmentInPolestarCompanyTechnology" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialLiabilitiesExplanatory_3d387180-2ae3-44a8-bfec-fc3ffa8f0463_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Carrying Amount of Financial Liabilities</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialLiabilitiesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial liabilities [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialLiabilitiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfFinancialLiabilitiesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialLiabilitiesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFinancialLiabilitiesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfUncertaintiesOfEntitysAbilityToContinueAsGoingConcern_3bfe9fd6-e809-4fd7-beb6-03373686831a_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfUncertaintiesOfEntitysAbilityToContinueAsGoingConcern" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Going concern</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfUncertaintiesOfEntitysAbilityToContinueAsGoingConcern_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfUncertaintiesOfEntitysAbilityToContinueAsGoingConcern" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of uncertainties of entity's ability to continue as going concern [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfUncertaintiesOfEntitysAbilityToContinueAsGoingConcern" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DescriptionOfUncertaintiesOfEntitysAbilityToContinueAsGoingConcern"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfUncertaintiesOfEntitysAbilityToContinueAsGoingConcern" xlink:to="lab_ifrs-full_DescriptionOfUncertaintiesOfEntitysAbilityToContinueAsGoingConcern" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember_5622829a-0c3f-4c5c-bd74-122ff6fbceae_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets at amortised cost, category</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets at amortised cost, category [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" xlink:to="lab_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.1Member_af9ef3e0-636c-4688-a443-5d01d532ab34_terseLabel_en-US" xlink:label="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.1Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">12 Month Secured Overnight Financing Rate Plus 1.1%</link:label>
    <link:label id="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.1Member_label_en-US" xlink:label="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">12 Month Secured Overnight Financing Rate Plus 1.1% [Member]</link:label>
    <link:label id="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.1Member_documentation_en-US" xlink:label="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">12 Month Secured Overnight Financing Rate Plus 1.1%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_A12MonthSecuredOvernightFinancingRatePlus1.1Member" xlink:href="psny-20240630.xsd#psny_A12MonthSecuredOvernightFinancingRatePlus1.1Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_A12MonthSecuredOvernightFinancingRatePlus1.1Member" xlink:to="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.1Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OrdinarySharesMember_60c56cf6-66ef-4f38-8027-3fe8a4f85198_terseLabel_en-US" xlink:label="lab_ifrs-full_OrdinarySharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ordinary shares</link:label>
    <link:label id="lab_ifrs-full_OrdinarySharesMember_label_en-US" xlink:label="lab_ifrs-full_OrdinarySharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ordinary shares [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OrdinarySharesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OrdinarySharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OrdinarySharesMember" xlink:to="lab_ifrs-full_OrdinarySharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValue_6e7576fa-e154-432c-9726-e2eebb684688_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liability Fair Value</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValue_label_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial liabilities, at fair value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_FinancialLiabilitiesAtFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:to="lab_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis_b6ef43a7-1a00-44b6-8dc6-f14431d6cf0a_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of intangible assets and goodwill [axis]</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis" xlink:to="lab_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_PolestarTechnologyPolestarAndNanjingJiangningEconomicAndTechnologicalDevelopmentZoneMember_87f9c39f-0642-4ecb-88b2-5be8b2b4c5f7_terseLabel_en-US" xlink:label="lab_psny_PolestarTechnologyPolestarAndNanjingJiangningEconomicAndTechnologicalDevelopmentZoneMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Polestar Technology, Polestar and Nanjing Jiangning Economic and Technological Development Zone</link:label>
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    <link:label id="lab_psny_PolestarTechnologyPolestarAndNanjingJiangningEconomicAndTechnologicalDevelopmentZoneMember_documentation_en-US" xlink:label="lab_psny_PolestarTechnologyPolestarAndNanjingJiangningEconomicAndTechnologicalDevelopmentZoneMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Polestar Technology, Polestar and Nanjing Jiangning Economic and Technological Development Zone</link:label>
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    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory_24339cae-2036-403f-ac73-522d178db744_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment in associates</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about investment property [text block]</link:label>
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    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GeographicalAreasDomain_b128bae1-cfa3-451f-b6c6-010b6d30e4dd_terseLabel_en-US" xlink:label="lab_ifrs-full_GeographicalAreasDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Geographical areas [domain]</link:label>
    <link:label id="lab_ifrs-full_GeographicalAreasDomain_label_en-US" xlink:label="lab_ifrs-full_GeographicalAreasDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographical areas [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GeographicalAreasDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_GeographicalAreasDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GeographicalAreasDomain" xlink:to="lab_ifrs-full_GeographicalAreasDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_NetIncomeInventoriesReductionLoss_8917b83d-8105-4a2c-96e4-020896ef18b5_terseLabel_en-US" xlink:label="lab_psny_NetIncomeInventoriesReductionLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inventories</link:label>
    <link:label id="lab_psny_NetIncomeInventoriesReductionLoss_label_en-US" xlink:label="lab_psny_NetIncomeInventoriesReductionLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income Inventories Reduction Loss</link:label>
    <link:label id="lab_psny_NetIncomeInventoriesReductionLoss_documentation_en-US" xlink:label="lab_psny_NetIncomeInventoriesReductionLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net Income Inventories Reduction Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_NetIncomeInventoriesReductionLoss" xlink:href="psny-20240630.xsd#psny_NetIncomeInventoriesReductionLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_NetIncomeInventoriesReductionLoss" xlink:to="lab_psny_NetIncomeInventoriesReductionLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProductsAndServicesAxis_7b5f6c36-9b32-491e-a2d8-e461850f7241_terseLabel_en-US" xlink:label="lab_ifrs-full_ProductsAndServicesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Products and services [axis]</link:label>
    <link:label id="lab_ifrs-full_ProductsAndServicesAxis_label_en-US" xlink:label="lab_ifrs-full_ProductsAndServicesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Products and services [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProductsAndServicesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProductsAndServicesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProductsAndServicesAxis" xlink:to="lab_ifrs-full_ProductsAndServicesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OperatingLeaseIncome_ba051d56-5667-4d0f-a807-f1df3d74e2f7_terseLabel_en-US" xlink:label="lab_ifrs-full_OperatingLeaseIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vehicle leasing revenue</link:label>
    <link:label id="lab_ifrs-full_OperatingLeaseIncome_label_en-US" xlink:label="lab_ifrs-full_OperatingLeaseIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating lease income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OperatingLeaseIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OperatingLeaseIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OperatingLeaseIncome" xlink:to="lab_ifrs-full_OperatingLeaseIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EarningsPerShareLineItems_2367fd4c-ba44-43c8-a8bd-66bf91e651c9_terseLabel_en-US" xlink:label="lab_ifrs-full_EarningsPerShareLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earnings per share [line items]</link:label>
    <link:label id="lab_ifrs-full_EarningsPerShareLineItems_label_en-US" xlink:label="lab_ifrs-full_EarningsPerShareLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings per share [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EarningsPerShareLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_EarningsPerShareLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EarningsPerShareLineItems" xlink:to="lab_ifrs-full_EarningsPerShareLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_AccumulatedDeficit_b897a5ec-02a5-446a-a509-574464106980_negatedTerseLabel_en-US" xlink:label="lab_psny_AccumulatedDeficit" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Accumulated deficit</link:label>
    <link:label id="lab_psny_AccumulatedDeficit_05b6c87d-0e8b-40f8-9749-8ac6a939d270_negatedLabel_en-US" xlink:label="lab_psny_AccumulatedDeficit" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Accumulated deficit</link:label>
    <link:label id="lab_psny_AccumulatedDeficit_label_en-US" xlink:label="lab_psny_AccumulatedDeficit" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Deficit</link:label>
    <link:label id="lab_psny_AccumulatedDeficit_documentation_en-US" xlink:label="lab_psny_AccumulatedDeficit" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accumulated Deficit</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_AccumulatedDeficit" xlink:href="psny-20240630.xsd#psny_AccumulatedDeficit"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_AccumulatedDeficit" xlink:to="lab_psny_AccumulatedDeficit" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AmountsPayableRelatedPartyTransactions_b46b4cd5-6925-4cfb-91eb-e31e7c0499bc_terseLabel_en-US" xlink:label="lab_ifrs-full_AmountsPayableRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amounts payable, related party transactions</link:label>
    <link:label id="lab_ifrs-full_AmountsPayableRelatedPartyTransactions_3183c403-62ee-4ee1-bba2-588832152491_verboseLabel_en-US" xlink:label="lab_ifrs-full_AmountsPayableRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Trade payables - related parties, accrued expenses, and other current liabilities - related parties</link:label>
    <link:label id="lab_ifrs-full_AmountsPayableRelatedPartyTransactions_label_en-US" xlink:label="lab_ifrs-full_AmountsPayableRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amounts payable, related party transactions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AmountsPayableRelatedPartyTransactions" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AmountsPayableRelatedPartyTransactions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AmountsPayableRelatedPartyTransactions" xlink:to="lab_ifrs-full_AmountsPayableRelatedPartyTransactions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities_aa7066fa-3776-4a9d-aebd-36d7a9a1a886_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trade payables, accrued expenses, and other liabilities</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities_267b2cc8-b316-4599-9304-616f9751d1df_verboseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from investing activities</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for increase (decrease) in other liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities" xlink:to="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_OtherNoncurrentFinancialLiabilitiesRelatedParties_bf38d2e4-fdc7-4f23-bcf5-0d18966dba35_negatedTerseLabel_en-US" xlink:label="lab_psny_OtherNoncurrentFinancialLiabilitiesRelatedParties" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Other non-current interest-bearing liabilities - related parties</link:label>
    <link:label id="lab_psny_OtherNoncurrentFinancialLiabilitiesRelatedParties_label_en-US" xlink:label="lab_psny_OtherNoncurrentFinancialLiabilitiesRelatedParties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Noncurrent Financial Liabilities - Related Parties</link:label>
    <link:label id="lab_psny_OtherNoncurrentFinancialLiabilitiesRelatedParties_documentation_en-US" xlink:label="lab_psny_OtherNoncurrentFinancialLiabilitiesRelatedParties" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Noncurrent Financial Liabilities - Related Parties</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_OtherNoncurrentFinancialLiabilitiesRelatedParties" xlink:href="psny-20240630.xsd#psny_OtherNoncurrentFinancialLiabilitiesRelatedParties"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_OtherNoncurrentFinancialLiabilitiesRelatedParties" xlink:to="lab_psny_OtherNoncurrentFinancialLiabilitiesRelatedParties" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_ContractLiabilityTranslationDifferences_3bdcdf4c-ceb9-4c2f-92b5-824339944263_terseLabel_en-US" xlink:label="lab_psny_ContractLiabilityTranslationDifferences" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Translation differences and other</link:label>
    <link:label id="lab_psny_ContractLiabilityTranslationDifferences_label_en-US" xlink:label="lab_psny_ContractLiabilityTranslationDifferences" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract Liability Translation Differences</link:label>
    <link:label id="lab_psny_ContractLiabilityTranslationDifferences_documentation_en-US" xlink:label="lab_psny_ContractLiabilityTranslationDifferences" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contract Liability Translation Differences</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ContractLiabilityTranslationDifferences" xlink:href="psny-20240630.xsd#psny_ContractLiabilityTranslationDifferences"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_ContractLiabilityTranslationDifferences" xlink:to="lab_psny_ContractLiabilityTranslationDifferences" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_CashFlowStatementLocationAxis_8bd8b29d-12c5-438b-ba4f-a7f56bf772b5_terseLabel_en-US" xlink:label="lab_psny_CashFlowStatementLocationAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash Flow Statement Location [Axis]</link:label>
    <link:label id="lab_psny_CashFlowStatementLocationAxis_label_en-US" xlink:label="lab_psny_CashFlowStatementLocationAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Flow Statement Location [Axis]</link:label>
    <link:label id="lab_psny_CashFlowStatementLocationAxis_documentation_en-US" xlink:label="lab_psny_CashFlowStatementLocationAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cash Flow Statement Location</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_CashFlowStatementLocationAxis" xlink:href="psny-20240630.xsd#psny_CashFlowStatementLocationAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_CashFlowStatementLocationAxis" xlink:to="lab_psny_CashFlowStatementLocationAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_MonteCarloMember_2f966832-549d-4365-942a-8fbce82ed7d7_terseLabel_en-US" xlink:label="lab_psny_MonteCarloMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Monte Carlo</link:label>
    <link:label id="lab_psny_MonteCarloMember_label_en-US" xlink:label="lab_psny_MonteCarloMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Monte Carlo [Member]</link:label>
    <link:label id="lab_psny_MonteCarloMember_documentation_en-US" xlink:label="lab_psny_MonteCarloMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Monte Carlo</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_MonteCarloMember" xlink:href="psny-20240630.xsd#psny_MonteCarloMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_MonteCarloMember" xlink:to="lab_psny_MonteCarloMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfAntidilutiveInstrumentsAxis_08f8dec2-edb8-45fe-a5d3-655e0ac73229_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfAntidilutiveInstrumentsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of antidilutive instruments [axis]</link:label>
    <link:label id="lab_ifrs-full_TypesOfAntidilutiveInstrumentsAxis_label_en-US" xlink:label="lab_ifrs-full_TypesOfAntidilutiveInstrumentsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of antidilutive instruments [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfAntidilutiveInstrumentsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TypesOfAntidilutiveInstrumentsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfAntidilutiveInstrumentsAxis" xlink:to="lab_ifrs-full_TypesOfAntidilutiveInstrumentsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_A12MonthLoanPrimeRatePlus0.15Member_f588ae29-84eb-4d1f-a1f6-35d3697dd5f4_terseLabel_en-US" xlink:label="lab_psny_A12MonthLoanPrimeRatePlus0.15Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">12 Month Loan Prime Rate Plus 0.15%</link:label>
    <link:label id="lab_psny_A12MonthLoanPrimeRatePlus0.15Member_label_en-US" xlink:label="lab_psny_A12MonthLoanPrimeRatePlus0.15Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">12 Month Loan Prime Rate Plus 0.15% [Member]</link:label>
    <link:label id="lab_psny_A12MonthLoanPrimeRatePlus0.15Member_documentation_en-US" xlink:label="lab_psny_A12MonthLoanPrimeRatePlus0.15Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">12 Month Loan Prime Rate Plus 0.15%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_A12MonthLoanPrimeRatePlus0.15Member" xlink:href="psny-20240630.xsd#psny_A12MonthLoanPrimeRatePlus0.15Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_A12MonthLoanPrimeRatePlus0.15Member" xlink:to="lab_psny_A12MonthLoanPrimeRatePlus0.15Member" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_GoresGuggenheimIncBusinessCombinationAgreementBCAMember_4e9cf61e-3be0-4f2c-a561-187ae8a13666_terseLabel_en-US" xlink:label="lab_psny_GoresGuggenheimIncBusinessCombinationAgreementBCAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gores Guggenheim, Inc. Business Combination Agreement (BCA)</link:label>
    <link:label id="lab_psny_GoresGuggenheimIncBusinessCombinationAgreementBCAMember_label_en-US" xlink:label="lab_psny_GoresGuggenheimIncBusinessCombinationAgreementBCAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gores Guggenheim, Inc. Business Combination Agreement (BCA) [Member]</link:label>
    <link:label id="lab_psny_GoresGuggenheimIncBusinessCombinationAgreementBCAMember_documentation_en-US" xlink:label="lab_psny_GoresGuggenheimIncBusinessCombinationAgreementBCAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gores Guggenheim, Inc. Business Combination Agreement (BCA)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_GoresGuggenheimIncBusinessCombinationAgreementBCAMember" xlink:href="psny-20240630.xsd#psny_GoresGuggenheimIncBusinessCombinationAgreementBCAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_GoresGuggenheimIncBusinessCombinationAgreementBCAMember" xlink:to="lab_psny_GoresGuggenheimIncBusinessCombinationAgreementBCAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_NumberOfEarnOutTranches_115bb087-7d66-4ab1-8765-a10374b19d07_terseLabel_en-US" xlink:label="lab_psny_NumberOfEarnOutTranches" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of earn-out tranches</link:label>
    <link:label id="lab_psny_NumberOfEarnOutTranches_label_en-US" xlink:label="lab_psny_NumberOfEarnOutTranches" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Earn-Out Tranches</link:label>
    <link:label id="lab_psny_NumberOfEarnOutTranches_documentation_en-US" xlink:label="lab_psny_NumberOfEarnOutTranches" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Earn-Out Tranches</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_NumberOfEarnOutTranches" xlink:href="psny-20240630.xsd#psny_NumberOfEarnOutTranches"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_NumberOfEarnOutTranches" xlink:to="lab_psny_NumberOfEarnOutTranches" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_NumberOfVehiclesDeliveredUnpaid_fee40b5e-0103-4f4b-b40e-73c5a5b2c6b6_terseLabel_en-US" xlink:label="lab_psny_NumberOfVehiclesDeliveredUnpaid" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of vehicles delivered, unpaid</link:label>
    <link:label id="lab_psny_NumberOfVehiclesDeliveredUnpaid_label_en-US" xlink:label="lab_psny_NumberOfVehiclesDeliveredUnpaid" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Vehicles Delivered, Unpaid</link:label>
    <link:label id="lab_psny_NumberOfVehiclesDeliveredUnpaid_documentation_en-US" xlink:label="lab_psny_NumberOfVehiclesDeliveredUnpaid" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Vehicles Delivered, Unpaid</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_NumberOfVehiclesDeliveredUnpaid" xlink:href="psny-20240630.xsd#psny_NumberOfVehiclesDeliveredUnpaid"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_NumberOfVehiclesDeliveredUnpaid" xlink:to="lab_psny_NumberOfVehiclesDeliveredUnpaid" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_RevenueMember_e4acd199-e35f-4ee0-bbc9-4b2ff3d47831_terseLabel_en-US" xlink:label="lab_psny_RevenueMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue</link:label>
    <link:label id="lab_psny_RevenueMember_label_en-US" xlink:label="lab_psny_RevenueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue [Member]</link:label>
    <link:label id="lab_psny_RevenueMember_documentation_en-US" xlink:label="lab_psny_RevenueMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revenue</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_RevenueMember" xlink:href="psny-20240630.xsd#psny_RevenueMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_RevenueMember" xlink:to="lab_psny_RevenueMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable_93f61f1f-7acc-473d-be07-640903bbe5fa_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of disaggregation of revenue from contracts with customers [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of disaggregation of revenue from contracts with customers [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:to="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentLiabilities_ed426969-91b8-4977-88bf-c294b0637616_negatedTotalLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Total non-current liabilities</link:label>
    <link:label id="lab_ifrs-full_NoncurrentLiabilities_450db958-d76c-45f7-8734-75a7560939a6_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Non-current liabilities</link:label>
    <link:label id="lab_ifrs-full_NoncurrentLiabilities_label_en-US" xlink:label="lab_ifrs-full_NoncurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NoncurrentLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentLiabilities" xlink:to="lab_ifrs-full_NoncurrentLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_WorkInProgress_f9af1f4f-3f80-4f46-9f49-f15de58b773c_terseLabel_en-US" xlink:label="lab_ifrs-full_WorkInProgress" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Work in progress</link:label>
    <link:label id="lab_ifrs-full_WorkInProgress_label_en-US" xlink:label="lab_ifrs-full_WorkInProgress" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current work in progress</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_WorkInProgress" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_WorkInProgress"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WorkInProgress" xlink:to="lab_ifrs-full_WorkInProgress" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RestrictedCashAndCashEquivalents_2ca9c4e5-daf5-4a5c-8630-ba1ddb3db60c_terseLabel_en-US" xlink:label="lab_ifrs-full_RestrictedCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted cash and cash equivalents</link:label>
    <link:label id="lab_ifrs-full_RestrictedCashAndCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_RestrictedCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted cash and cash equivalents</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RestrictedCashAndCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_RestrictedCashAndCashEquivalents"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RestrictedCashAndCashEquivalents" xlink:to="lab_ifrs-full_RestrictedCashAndCashEquivalents" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComponentsOfEquityDomain_e87625dd-63b0-4238-9ba5-d1450a6e82cd_terseLabel_en-US" xlink:label="lab_ifrs-full_ComponentsOfEquityDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Components of equity</link:label>
    <link:label id="lab_ifrs-full_ComponentsOfEquityDomain_label_en-US" xlink:label="lab_ifrs-full_ComponentsOfEquityDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components of equity [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComponentsOfEquityDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ComponentsOfEquityDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComponentsOfEquityDomain" xlink:to="lab_ifrs-full_ComponentsOfEquityDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_RevisionOfPriorPeriodReclassificationAdjustmentMember_51e3c317-4e2a-4397-bcca-67888c830c26_terseLabel_en-US" xlink:label="lab_srt_RevisionOfPriorPeriodReclassificationAdjustmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restatement in withdrawn financial statements</link:label>
    <link:label id="lab_srt_RevisionOfPriorPeriodReclassificationAdjustmentMember_label_en-US" xlink:label="lab_srt_RevisionOfPriorPeriodReclassificationAdjustmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revision of Prior Period, Reclassification, Adjustment [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_RevisionOfPriorPeriodReclassificationAdjustmentMember" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_RevisionOfPriorPeriodReclassificationAdjustmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_RevisionOfPriorPeriodReclassificationAdjustmentMember" xlink:to="lab_srt_RevisionOfPriorPeriodReclassificationAdjustmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_country_US_367a4950-a590-485a-86fe-ec789c79915b_terseLabel_en-US" xlink:label="lab_country_US" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">USA</link:label>
    <link:label id="lab_country_US_label_en-US" xlink:label="lab_country_US" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">UNITED STATES</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_US" xlink:href="https://xbrl.sec.gov/country/2024/country-2024.xsd#country_US"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_US" xlink:to="lab_country_US" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinishedGoods_8f64b11a-e2e8-45dd-8da7-1b534323dd2a_terseLabel_en-US" xlink:label="lab_ifrs-full_FinishedGoods" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Finished goods and goods for resale</link:label>
    <link:label id="lab_ifrs-full_FinishedGoods_label_en-US" xlink:label="lab_ifrs-full_FinishedGoods" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current finished goods</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinishedGoods" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_FinishedGoods"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinishedGoods" xlink:to="lab_ifrs-full_FinishedGoods" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RepaymentsOfNoncurrentBorrowings_7be9ae6d-81a7-44a0-90fd-12be663dc2b6_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Repayments of borrowings</link:label>
    <link:label id="lab_ifrs-full_RepaymentsOfNoncurrentBorrowings_label_en-US" xlink:label="lab_ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repayments of non-current borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_RepaymentsOfNoncurrentBorrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:to="lab_ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossBeforeTaxAbstract_ceda80c0-9d76-424f-ad20-4e45ad4bc344_terseLabel_en-US" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossBeforeTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Items that may be subsequently reclassified to the Consolidated Statement of Loss:</link:label>
    <link:label id="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossBeforeTaxAbstract_label_en-US" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossBeforeTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components of other comprehensive income that will be reclassified to profit or loss, before tax [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossBeforeTaxAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossBeforeTaxAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossBeforeTaxAbstract" xlink:to="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossBeforeTaxAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IntangibleAssetsAndGoodwill_46f5d6ac-753d-4437-82a1-4f24a90ff566_terseLabel_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intangible assets and goodwill</link:label>
    <link:label id="lab_ifrs-full_IntangibleAssetsAndGoodwill_332d6d94-1e9c-4c76-8520-21cee089c22f_totalLabel_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_ifrs-full_IntangibleAssetsAndGoodwill_24c04bb8-6000-4db3-9e37-6d130cc21dd3_verboseLabel_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Intangible assets and goodwill</link:label>
    <link:label id="lab_ifrs-full_IntangibleAssetsAndGoodwill_label_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intangible assets and goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IntangibleAssetsAndGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IntangibleAssetsAndGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IntangibleAssetsAndGoodwill" xlink:to="lab_ifrs-full_IntangibleAssetsAndGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_0431bda7-a522-45c6-a08c-caa240ddf1d3_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Between 4 and 5 years</link:label>
    <link:label id="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than four years and not later than five years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:to="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_EliminationUnrecognizedOfEffectsOfDownstreamSales_c1acc414-bf87-4d11-8367-b5129d8a92a8_terseLabel_en-US" xlink:label="lab_psny_EliminationUnrecognizedOfEffectsOfDownstreamSales" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unrecognized effects of downstream sales</link:label>
    <link:label id="lab_psny_EliminationUnrecognizedOfEffectsOfDownstreamSales_label_en-US" xlink:label="lab_psny_EliminationUnrecognizedOfEffectsOfDownstreamSales" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Elimination Unrecognized Of Effects Of Downstream Sales</link:label>
    <link:label id="lab_psny_EliminationUnrecognizedOfEffectsOfDownstreamSales_documentation_en-US" xlink:label="lab_psny_EliminationUnrecognizedOfEffectsOfDownstreamSales" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Elimination Unrecognized Of Effects Of Downstream Sales</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_EliminationUnrecognizedOfEffectsOfDownstreamSales" xlink:href="psny-20240630.xsd#psny_EliminationUnrecognizedOfEffectsOfDownstreamSales"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_EliminationUnrecognizedOfEffectsOfDownstreamSales" xlink:to="lab_psny_EliminationUnrecognizedOfEffectsOfDownstreamSales" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ConcentrationsOfRiskAxis_30dd19b3-8c37-49c9-8db1-5df3149e81a8_terseLabel_en-US" xlink:label="lab_ifrs-full_ConcentrationsOfRiskAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Concentrations of risk [axis]</link:label>
    <link:label id="lab_ifrs-full_ConcentrationsOfRiskAxis_label_en-US" xlink:label="lab_ifrs-full_ConcentrationsOfRiskAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Concentrations of risk [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ConcentrationsOfRiskAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ConcentrationsOfRiskAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ConcentrationsOfRiskAxis" xlink:to="lab_ifrs-full_ConcentrationsOfRiskAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CostOfSales_5f8b8508-7e09-4e3b-81ed-e3a191a16fc5_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_CostOfSales" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Cost of sales</link:label>
    <link:label id="lab_ifrs-full_CostOfSales_label_en-US" xlink:label="lab_ifrs-full_CostOfSales" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cost of sales</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CostOfSales" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CostOfSales"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CostOfSales" xlink:to="lab_ifrs-full_CostOfSales" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncome_106f7c19-2801-4137-afc3-cbb7b753d364_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total other comprehensive loss</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncome_3d20c725-b2fc-406d-a52e-4698e38adc04_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive loss - (Restated)</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncome_8164c4f7-c0ca-4167-b124-4b9f89279dc4_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive loss</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncome" xlink:to="lab_ifrs-full_OtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_WuhanLotusCarsCo.LTD.Member_931d6d61-6afe-4809-89c6-b4929a5f11d2_terseLabel_en-US" xlink:label="lab_psny_WuhanLotusCarsCo.LTD.Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Wuhan Lotus Cars Co., LTD.</link:label>
    <link:label id="lab_psny_WuhanLotusCarsCo.LTD.Member_label_en-US" xlink:label="lab_psny_WuhanLotusCarsCo.LTD.Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Wuhan Lotus Cars Co., LTD. [Member]</link:label>
    <link:label id="lab_psny_WuhanLotusCarsCo.LTD.Member_documentation_en-US" xlink:label="lab_psny_WuhanLotusCarsCo.LTD.Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Wuhan Lotus Cars Co., LTD.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_WuhanLotusCarsCo.LTD.Member" xlink:href="psny-20240630.xsd#psny_WuhanLotusCarsCo.LTD.Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_WuhanLotusCarsCo.LTD.Member" xlink:to="lab_psny_WuhanLotusCarsCo.LTD.Member" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_TradePayablesMember_c1521480-7c1a-4e2c-bb3d-a8f910a3fd02_terseLabel_en-US" xlink:label="lab_psny_TradePayablesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trade payables and trade payables - related parties - (Restated)</link:label>
    <link:label id="lab_psny_TradePayablesMember_label_en-US" xlink:label="lab_psny_TradePayablesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trade Payables [Member]</link:label>
    <link:label id="lab_psny_TradePayablesMember_documentation_en-US" xlink:label="lab_psny_TradePayablesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Trade Payables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_TradePayablesMember" xlink:href="psny-20240630.xsd#psny_TradePayablesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_TradePayablesMember" xlink:to="lab_psny_TradePayablesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsTable_836d4970-b581-40af-a647-ab614fa48f7d_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of maturity analysis of operating lease payments [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of maturity analysis of operating lease payments [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsTable" xlink:to="lab_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_LiabilitiesToCreditInstitutionsMember_9fe685a4-0c3f-471a-b933-4391e3db6040_terseLabel_en-US" xlink:label="lab_psny_LiabilitiesToCreditInstitutionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current and non-current liabilities to credit institutions - (Restated)</link:label>
    <link:label id="lab_psny_LiabilitiesToCreditInstitutionsMember_label_en-US" xlink:label="lab_psny_LiabilitiesToCreditInstitutionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities To Credit Institutions [Member]</link:label>
    <link:label id="lab_psny_LiabilitiesToCreditInstitutionsMember_documentation_en-US" xlink:label="lab_psny_LiabilitiesToCreditInstitutionsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Liabilities To Credit Institutions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_LiabilitiesToCreditInstitutionsMember" xlink:href="psny-20240630.xsd#psny_LiabilitiesToCreditInstitutionsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_LiabilitiesToCreditInstitutionsMember" xlink:to="lab_psny_LiabilitiesToCreditInstitutionsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_InternallyDevelopedIntellectualPropertyMember_5ca5bafa-b0c8-41e1-b5bd-95f90d48face_terseLabel_en-US" xlink:label="lab_psny_InternallyDevelopedIntellectualPropertyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Internally developed IP</link:label>
    <link:label id="lab_psny_InternallyDevelopedIntellectualPropertyMember_label_en-US" xlink:label="lab_psny_InternallyDevelopedIntellectualPropertyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Internally Developed Intellectual Property [Member]</link:label>
    <link:label id="lab_psny_InternallyDevelopedIntellectualPropertyMember_documentation_en-US" xlink:label="lab_psny_InternallyDevelopedIntellectualPropertyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Internally Developed Intellectual Property</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_InternallyDevelopedIntellectualPropertyMember" xlink:href="psny-20240630.xsd#psny_InternallyDevelopedIntellectualPropertyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_InternallyDevelopedIntellectualPropertyMember" xlink:to="lab_psny_InternallyDevelopedIntellectualPropertyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities_06c13e87-9b4c-48fd-8159-5ad78061546a_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Additions to other non-current assets</link:label>
    <link:label id="lab_ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase of other long-term assets, classified as investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities" xlink:to="lab_ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EnteringIntoSignificantCommitmentsOrContingentLiabilitiesMember_5ae6ee25-ad10-442e-bf63-59a342007dcc_terseLabel_en-US" xlink:label="lab_ifrs-full_EnteringIntoSignificantCommitmentsOrContingentLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entering into significant commitments</link:label>
    <link:label id="lab_ifrs-full_EnteringIntoSignificantCommitmentsOrContingentLiabilitiesMember_label_en-US" xlink:label="lab_ifrs-full_EnteringIntoSignificantCommitmentsOrContingentLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entering into significant commitments or contingent liabilities [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EnteringIntoSignificantCommitmentsOrContingentLiabilitiesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_EnteringIntoSignificantCommitmentsOrContingentLiabilitiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EnteringIntoSignificantCommitmentsOrContingentLiabilitiesMember" xlink:to="lab_ifrs-full_EnteringIntoSignificantCommitmentsOrContingentLiabilitiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.11Member_c492e438-5e5e-4f26-ac0d-6e1aa65701df_terseLabel_en-US" xlink:label="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.11Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">12 Month Secured Overnight Financing Rate Plus 1.11%</link:label>
    <link:label id="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.11Member_label_en-US" xlink:label="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.11Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">12 Month Secured Overnight Financing Rate Plus 1.11% [Member]</link:label>
    <link:label id="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.11Member_documentation_en-US" xlink:label="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.11Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">12 Month Secured Overnight Financing Rate Plus 1.11%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_A12MonthSecuredOvernightFinancingRatePlus1.11Member" xlink:href="psny-20240630.xsd#psny_A12MonthSecuredOvernightFinancingRatePlus1.11Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_A12MonthSecuredOvernightFinancingRatePlus1.11Member" xlink:to="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.11Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ContractLiabilities_1d24af9c-9bc4-44f0-ac66-63a6acb2063a_periodStartLabel_en-US" xlink:label="lab_ifrs-full_ContractLiabilities" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance, contract liabilities</link:label>
    <link:label id="lab_ifrs-full_ContractLiabilities_766759e9-84bf-49aa-bd15-f316df42e9f2_periodEndLabel_en-US" xlink:label="lab_ifrs-full_ContractLiabilities" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance, contract liabilities</link:label>
    <link:label id="lab_ifrs-full_ContractLiabilities_8ca8c10f-e504-4617-b98c-dd3243446f0f_terseLabel_en-US" xlink:label="lab_ifrs-full_ContractLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contract liabilities</link:label>
    <link:label id="lab_ifrs-full_ContractLiabilities_label_en-US" xlink:label="lab_ifrs-full_ContractLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ContractLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ContractLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ContractLiabilities" xlink:to="lab_ifrs-full_ContractLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense_020c242f-2d5d-4312-8a01-8a1884c8da56_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation and amortization expense</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense_d9dfb45a-8b2d-439d-996b-ef1ac7df90fe_verboseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Depreciation and amortization</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for depreciation and amortisation expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xlink:to="lab_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsTable_20e33cf4-42bf-477c-8e9d-3375e4393c15_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about financial instruments [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about financial instruments [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:to="lab_ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_ZikloBankABMember_d67a199f-d25d-4720-9285-acbab7b135bd_terseLabel_en-US" xlink:label="lab_psny_ZikloBankABMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ziklo Bank AB</link:label>
    <link:label id="lab_psny_ZikloBankABMember_label_en-US" xlink:label="lab_psny_ZikloBankABMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ziklo Bank AB [Member]</link:label>
    <link:label id="lab_psny_ZikloBankABMember_documentation_en-US" xlink:label="lab_psny_ZikloBankABMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Ziklo Bank AB</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ZikloBankABMember" xlink:href="psny-20240630.xsd#psny_ZikloBankABMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_ZikloBankABMember" xlink:to="lab_psny_ZikloBankABMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_RestrictedCashMember_b6b660cf-42f9-4d7e-a674-c4a49e4b7d66_terseLabel_en-US" xlink:label="lab_psny_RestrictedCashMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other non-current receivables</link:label>
    <link:label id="lab_psny_RestrictedCashMember_label_en-US" xlink:label="lab_psny_RestrictedCashMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Cash [Member]</link:label>
    <link:label id="lab_psny_RestrictedCashMember_documentation_en-US" xlink:label="lab_psny_RestrictedCashMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Restricted Cash</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_RestrictedCashMember" xlink:href="psny-20240630.xsd#psny_RestrictedCashMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_RestrictedCashMember" xlink:to="lab_psny_RestrictedCashMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GrossLeaseLiabilities_d6bd787e-c415-4a49-bf66-98307004ff55_periodStartLabel_en-US" xlink:label="lab_ifrs-full_GrossLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Gross lease liabilities, beginning balance</link:label>
    <link:label id="lab_ifrs-full_GrossLeaseLiabilities_98cc04b3-3747-4733-a8b9-ff7d22415dc3_periodEndLabel_en-US" xlink:label="lab_ifrs-full_GrossLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Gross lease liabilities, ending balance</link:label>
    <link:label id="lab_ifrs-full_GrossLeaseLiabilities_label_en-US" xlink:label="lab_ifrs-full_GrossLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gross lease liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GrossLeaseLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_GrossLeaseLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GrossLeaseLiabilities" xlink:to="lab_ifrs-full_GrossLeaseLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DepreciationPropertyPlantAndEquipment_337eae48-f44d-4d21-a07c-ca332350de05_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Depreciation expense</link:label>
    <link:label id="lab_ifrs-full_DepreciationPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DepreciationPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EarningsPerShareTable_fe9a5baa-af29-47a7-a892-d14eda40dc61_terseLabel_en-US" xlink:label="lab_ifrs-full_EarningsPerShareTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earnings per share [table]</link:label>
    <link:label id="lab_ifrs-full_EarningsPerShareTable_label_en-US" xlink:label="lab_ifrs-full_EarningsPerShareTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings per share [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EarningsPerShareTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_EarningsPerShareTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EarningsPerShareTable" xlink:to="lab_ifrs-full_EarningsPerShareTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LiabilitiesAbstract_a6a0f2aa-09c2-4e10-9329-22b923a7cacc_terseLabel_en-US" xlink:label="lab_ifrs-full_LiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:label id="lab_ifrs-full_LiabilitiesAbstract_780a589f-2139-47b6-b8e6-0cf7b2510424_netLabel_en-US" xlink:label="lab_ifrs-full_LiabilitiesAbstract" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:label id="lab_ifrs-full_LiabilitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_LiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LiabilitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_LiabilitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LiabilitiesAbstract" xlink:to="lab_ifrs-full_LiabilitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_DisclosureOfSubsequentEventsAbstract_label_en-US" xlink:label="lab_psny_DisclosureOfSubsequentEventsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Subsequent Events [Abstract]</link:label>
    <link:label id="lab_psny_DisclosureOfSubsequentEventsAbstract_documentation_en-US" xlink:label="lab_psny_DisclosureOfSubsequentEventsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of Subsequent Events</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_DisclosureOfSubsequentEventsAbstract" xlink:href="psny-20240630.xsd#psny_DisclosureOfSubsequentEventsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_DisclosureOfSubsequentEventsAbstract" xlink:to="lab_psny_DisclosureOfSubsequentEventsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BorrowingsByNameAxis_996d9fd0-540e-464e-98f7-dc893a0d182f_terseLabel_en-US" xlink:label="lab_ifrs-full_BorrowingsByNameAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowings by name [axis]</link:label>
    <link:label id="lab_ifrs-full_BorrowingsByNameAxis_label_en-US" xlink:label="lab_ifrs-full_BorrowingsByNameAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings by name [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BorrowingsByNameAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_BorrowingsByNameAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingsByNameAxis" xlink:to="lab_ifrs-full_BorrowingsByNameAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_CancellationsOtherThanThroughBusinessCombinationsLeaseLiabilities_e4040745-346d-4035-894d-f042fb57ffb6_terseLabel_en-US" xlink:label="lab_psny_CancellationsOtherThanThroughBusinessCombinationsLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cancellations</link:label>
    <link:label id="lab_psny_CancellationsOtherThanThroughBusinessCombinationsLeaseLiabilities_label_en-US" xlink:label="lab_psny_CancellationsOtherThanThroughBusinessCombinationsLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cancellations Other Than Through Business Combinations, Lease Liabilities</link:label>
    <link:label id="lab_psny_CancellationsOtherThanThroughBusinessCombinationsLeaseLiabilities_documentation_en-US" xlink:label="lab_psny_CancellationsOtherThanThroughBusinessCombinationsLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cancellations Other Than Through Business Combinations, Lease Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_CancellationsOtherThanThroughBusinessCombinationsLeaseLiabilities" xlink:href="psny-20240630.xsd#psny_CancellationsOtherThanThroughBusinessCombinationsLeaseLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_CancellationsOtherThanThroughBusinessCombinationsLeaseLiabilities" xlink:to="lab_psny_CancellationsOtherThanThroughBusinessCombinationsLeaseLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_ConversionFromClassBToClassA_f450451b-66b9-4b43-8c4b-e994b5c7eca1_terseLabel_en-US" xlink:label="lab_psny_ConversionFromClassBToClassA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Conversion From Class B To Class A. (in shares)</link:label>
    <link:label id="lab_psny_ConversionFromClassBToClassA_label_en-US" xlink:label="lab_psny_ConversionFromClassBToClassA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Conversion From Class B To Class A</link:label>
    <link:label id="lab_psny_ConversionFromClassBToClassA_documentation_en-US" xlink:label="lab_psny_ConversionFromClassBToClassA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Conversion From Class B To Class A</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ConversionFromClassBToClassA" xlink:href="psny-20240630.xsd#psny_ConversionFromClassBToClassA"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_ConversionFromClassBToClassA" xlink:to="lab_psny_ConversionFromClassBToClassA" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProceedsFromCurrentBorrowings_cee1ad95-5e9b-4997-ab60-0ccd7f2aadf7_terseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromCurrentBorrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from short-term borrowings</link:label>
    <link:label id="lab_ifrs-full_ProceedsFromCurrentBorrowings_b3bf448c-d67b-4ccc-bb2f-dcdf7ed9d73a_verboseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromCurrentBorrowings" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from current borrowings</link:label>
    <link:label id="lab_ifrs-full_ProceedsFromCurrentBorrowings_label_en-US" xlink:label="lab_ifrs-full_ProceedsFromCurrentBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from current borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProceedsFromCurrentBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProceedsFromCurrentBorrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromCurrentBorrowings" xlink:to="lab_ifrs-full_ProceedsFromCurrentBorrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInvestmentPropertyTable_321b582a-d907-4ac6-b39e-6d7936110ef5_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentPropertyTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about investment property [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInvestmentPropertyTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentPropertyTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about investment property [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInvestmentPropertyTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfInvestmentPropertyTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInvestmentPropertyTable" xlink:to="lab_ifrs-full_DisclosureOfInvestmentPropertyTable" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_DisclosureOfReverseRecapitalizationShareActivityTableTextBlock_186d44d4-776e-469d-85e7-a6932babc465_terseLabel_en-US" xlink:label="lab_psny_DisclosureOfReverseRecapitalizationShareActivityTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Reverse Recapitalization, Share Activity</link:label>
    <link:label id="lab_psny_DisclosureOfReverseRecapitalizationShareActivityTableTextBlock_label_en-US" xlink:label="lab_psny_DisclosureOfReverseRecapitalizationShareActivityTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Reverse Recapitalization, Share Activity [Table Text Block]</link:label>
    <link:label id="lab_psny_DisclosureOfReverseRecapitalizationShareActivityTableTextBlock_documentation_en-US" xlink:label="lab_psny_DisclosureOfReverseRecapitalizationShareActivityTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Reverse Recapitalization, Share Activity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_DisclosureOfReverseRecapitalizationShareActivityTableTextBlock" xlink:href="psny-20240630.xsd#psny_DisclosureOfReverseRecapitalizationShareActivityTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_DisclosureOfReverseRecapitalizationShareActivityTableTextBlock" xlink:to="lab_psny_DisclosureOfReverseRecapitalizationShareActivityTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TradeAndOtherCurrentPayablesToRelatedParties_4f92a2bc-faab-4118-ab7f-c3a632a143a5_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentPayablesToRelatedParties" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Trade payables - related parties</link:label>
    <link:label id="lab_ifrs-full_TradeAndOtherCurrentPayablesToRelatedParties_a4d14b5a-81f0-4ed0-b43c-f4a5a5ca3cca_negatedLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentPayablesToRelatedParties" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Trade payables - related parties</link:label>
    <link:label id="lab_ifrs-full_TradeAndOtherCurrentPayablesToRelatedParties_label_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentPayablesToRelatedParties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current payables to related parties</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TradeAndOtherCurrentPayablesToRelatedParties" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TradeAndOtherCurrentPayablesToRelatedParties"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeAndOtherCurrentPayablesToRelatedParties" xlink:to="lab_ifrs-full_TradeAndOtherCurrentPayablesToRelatedParties" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_A6MonthSecuredOvernightFinancingRatePlus4.9Member_69efb778-eb29-4fce-9302-1b45508dedf3_terseLabel_en-US" xlink:label="lab_psny_A6MonthSecuredOvernightFinancingRatePlus4.9Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">6 Month Secured Overnight Financing Rate Plus 4.9%</link:label>
    <link:label id="lab_psny_A6MonthSecuredOvernightFinancingRatePlus4.9Member_label_en-US" xlink:label="lab_psny_A6MonthSecuredOvernightFinancingRatePlus4.9Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">6 Month Secured Overnight Financing Rate Plus 4.9% [Member]</link:label>
    <link:label id="lab_psny_A6MonthSecuredOvernightFinancingRatePlus4.9Member_documentation_en-US" xlink:label="lab_psny_A6MonthSecuredOvernightFinancingRatePlus4.9Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">6 Month Secured Overnight Financing Rate Plus 4.9%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_A6MonthSecuredOvernightFinancingRatePlus4.9Member" xlink:href="psny-20240630.xsd#psny_A6MonthSecuredOvernightFinancingRatePlus4.9Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_A6MonthSecuredOvernightFinancingRatePlus4.9Member" xlink:to="lab_psny_A6MonthSecuredOvernightFinancingRatePlus4.9Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillDomain_3c5bc0e9-7f0a-4413-83ef-6c38c8811bc0_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of intangible assets and goodwill</link:label>
    <link:label id="lab_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of intangible assets and goodwill [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ClassesOfIntangibleAssetsAndGoodwillDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillDomain" xlink:to="lab_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities_b70fe897-fb2f-47c2-80c1-952d6930193a_totalLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Cash used for investing activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_RevenueFromExternalCustomersAndNoncurrentAssetsByGeographicalLocationTableTextBlock_f78c7f71-1269-4670-be1f-0aa32f1b3d38_terseLabel_en-US" xlink:label="lab_psny_RevenueFromExternalCustomersAndNoncurrentAssetsByGeographicalLocationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of Revenue from external customers and non-current assets by geographical location</link:label>
    <link:label id="lab_psny_RevenueFromExternalCustomersAndNoncurrentAssetsByGeographicalLocationTableTextBlock_label_en-US" xlink:label="lab_psny_RevenueFromExternalCustomersAndNoncurrentAssetsByGeographicalLocationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue From External Customers And Noncurrent Assets By Geographical Location [Table Text Block]</link:label>
    <link:label id="lab_psny_RevenueFromExternalCustomersAndNoncurrentAssetsByGeographicalLocationTableTextBlock_documentation_en-US" xlink:label="lab_psny_RevenueFromExternalCustomersAndNoncurrentAssetsByGeographicalLocationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revenue From External Customers And Noncurrent Assets By Geographical Location</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_RevenueFromExternalCustomersAndNoncurrentAssetsByGeographicalLocationTableTextBlock" xlink:href="psny-20240630.xsd#psny_RevenueFromExternalCustomersAndNoncurrentAssetsByGeographicalLocationTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_RevenueFromExternalCustomersAndNoncurrentAssetsByGeographicalLocationTableTextBlock" xlink:to="lab_psny_RevenueFromExternalCustomersAndNoncurrentAssetsByGeographicalLocationTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_NonCurrentLiabilitiesToCreditInstitutionsMember_ce25b6fc-fdf5-46ad-b6d1-d78a863dde28_terseLabel_en-US" xlink:label="lab_psny_NonCurrentLiabilitiesToCreditInstitutionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-Current Liabilities To Credit Institutions [Member]</link:label>
    <link:label id="lab_psny_NonCurrentLiabilitiesToCreditInstitutionsMember_label_en-US" xlink:label="lab_psny_NonCurrentLiabilitiesToCreditInstitutionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-Current Liabilities To Credit Institutions [Member]</link:label>
    <link:label id="lab_psny_NonCurrentLiabilitiesToCreditInstitutionsMember_documentation_en-US" xlink:label="lab_psny_NonCurrentLiabilitiesToCreditInstitutionsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non-Current Liabilities To Credit Institutions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_NonCurrentLiabilitiesToCreditInstitutionsMember" xlink:href="psny-20240630.xsd#psny_NonCurrentLiabilitiesToCreditInstitutionsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_NonCurrentLiabilitiesToCreditInstitutionsMember" xlink:to="lab_psny_NonCurrentLiabilitiesToCreditInstitutionsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LevelsOfFairValueHierarchyDomain_87a144ab-218d-46b1-b29a-886c2296b6ef_terseLabel_en-US" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Levels of fair value hierarchy</link:label>
    <link:label id="lab_ifrs-full_LevelsOfFairValueHierarchyDomain_label_en-US" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Levels of fair value hierarchy [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_LevelsOfFairValueHierarchyDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:to="lab_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_ReconciliationOfChangesInLeasesRollForward_1038975e-da2a-48fa-99b1-46e4a152370b_terseLabel_en-US" xlink:label="lab_psny_ReconciliationOfChangesInLeasesRollForward" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reconciliation Of Changes In Leases [Roll Forward]</link:label>
    <link:label id="lab_psny_ReconciliationOfChangesInLeasesRollForward_label_en-US" xlink:label="lab_psny_ReconciliationOfChangesInLeasesRollForward" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reconciliation Of Changes In Leases [Roll Forward]</link:label>
    <link:label id="lab_psny_ReconciliationOfChangesInLeasesRollForward_documentation_en-US" xlink:label="lab_psny_ReconciliationOfChangesInLeasesRollForward" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reconciliation Of Changes In Leases</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ReconciliationOfChangesInLeasesRollForward" xlink:href="psny-20240630.xsd#psny_ReconciliationOfChangesInLeasesRollForward"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_ReconciliationOfChangesInLeasesRollForward" xlink:to="lab_psny_ReconciliationOfChangesInLeasesRollForward" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_OtherRegionsMember_8ffccb95-0bb6-4d19-a080-306d3e972e67_terseLabel_en-US" xlink:label="lab_psny_OtherRegionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other regions</link:label>
    <link:label id="lab_psny_OtherRegionsMember_label_en-US" xlink:label="lab_psny_OtherRegionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Regions [Member]</link:label>
    <link:label id="lab_psny_OtherRegionsMember_documentation_en-US" xlink:label="lab_psny_OtherRegionsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Regions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_OtherRegionsMember" xlink:href="psny-20240630.xsd#psny_OtherRegionsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_OtherRegionsMember" xlink:to="lab_psny_OtherRegionsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis_fccf78cd-3b93-48e3-9e79-4e9d6efb841e_terseLabel_en-US" xlink:label="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valuation techniques used in fair value measurement [axis]</link:label>
    <link:label id="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis_label_en-US" xlink:label="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation techniques used in fair value measurement [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" xlink:to="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_AccruedExpensesMember_8a3a6eaa-9c82-4b27-b15f-6a9ccba92c83_terseLabel_en-US" xlink:label="lab_psny_AccruedExpensesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued expenses and accrued expenses - related parties - (Restated)</link:label>
    <link:label id="lab_psny_AccruedExpensesMember_label_en-US" xlink:label="lab_psny_AccruedExpensesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accrued Expenses [Member]</link:label>
    <link:label id="lab_psny_AccruedExpensesMember_documentation_en-US" xlink:label="lab_psny_AccruedExpensesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accrued Expenses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_AccruedExpensesMember" xlink:href="psny-20240630.xsd#psny_AccruedExpensesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_AccruedExpensesMember" xlink:to="lab_psny_AccruedExpensesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityLineItems_88d19224-6bbd-4883-9a67-70ea80746110_terseLabel_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [line items]</link:label>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityLineItems_label_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfChangesInEquityLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_StatementOfChangesInEquityLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfChangesInEquityLineItems" xlink:to="lab_ifrs-full_StatementOfChangesInEquityLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_UnrecognisedShareOfLossesOfAssociates_d58aaee4-415b-40e9-988f-6900205ed146_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_UnrecognisedShareOfLossesOfAssociates" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Share of losses in associates</link:label>
    <link:label id="lab_ifrs-full_UnrecognisedShareOfLossesOfAssociates_label_en-US" xlink:label="lab_ifrs-full_UnrecognisedShareOfLossesOfAssociates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrecognised share of losses of associates</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_UnrecognisedShareOfLossesOfAssociates" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_UnrecognisedShareOfLossesOfAssociates"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_UnrecognisedShareOfLossesOfAssociates" xlink:to="lab_ifrs-full_UnrecognisedShareOfLossesOfAssociates" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentContractLiabilities_1dc8af7e-9b05-44a4-8726-0fc0296ea64a_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_CurrentContractLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Current contract liabilities</link:label>
    <link:label id="lab_ifrs-full_CurrentContractLiabilities_065df49d-deaa-4920-98b4-674b11796e3c_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentContractLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current contract liabilities</link:label>
    <link:label id="lab_ifrs-full_CurrentContractLiabilities_35baea7e-134c-4910-82e3-36b57062f0e9_negatedLabel_en-US" xlink:label="lab_ifrs-full_CurrentContractLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Current contract liabilities</link:label>
    <link:label id="lab_ifrs-full_CurrentContractLiabilities_label_en-US" xlink:label="lab_ifrs-full_CurrentContractLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current contract liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentContractLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentContractLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentContractLiabilities" xlink:to="lab_ifrs-full_CurrentContractLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets_3cf1958e-b4e8-4c7d-b0f5-3e724d216191_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trade receivables, prepaid expenses, and other assets</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets_a7311a06-b8a1-4505-8b41-769d7d2a0c7a_verboseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cash used for operating activities</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for decrease (increase) in other assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets" xlink:to="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Level2OfFairValueHierarchyMember_8ce01dd9-b4cb-4429-ad8a-0caa3b1b0cd9_terseLabel_en-US" xlink:label="lab_ifrs-full_Level2OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level 2</link:label>
    <link:label id="lab_ifrs-full_Level2OfFairValueHierarchyMember_label_en-US" xlink:label="lab_ifrs-full_Level2OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Level 2 of fair value hierarchy [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Level2OfFairValueHierarchyMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_Level2OfFairValueHierarchyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Level2OfFairValueHierarchyMember" xlink:to="lab_ifrs-full_Level2OfFairValueHierarchyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfCashFlowsAbstract_label_en-US" xlink:label="lab_ifrs-full_StatementOfCashFlowsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of cash flows [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfCashFlowsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_StatementOfCashFlowsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfCashFlowsAbstract" xlink:to="lab_ifrs-full_StatementOfCashFlowsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_A12MonthLoanPrimeRatePlus1.05Member_30afd1c2-5106-4f73-b080-6d2d2d947dfb_terseLabel_en-US" xlink:label="lab_psny_A12MonthLoanPrimeRatePlus1.05Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">12 Month Loan Prime Rate Plus 1.05%</link:label>
    <link:label id="lab_psny_A12MonthLoanPrimeRatePlus1.05Member_label_en-US" xlink:label="lab_psny_A12MonthLoanPrimeRatePlus1.05Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">12 Month Loan Prime Rate Plus 1.05% [Member]</link:label>
    <link:label id="lab_psny_A12MonthLoanPrimeRatePlus1.05Member_documentation_en-US" xlink:label="lab_psny_A12MonthLoanPrimeRatePlus1.05Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">12 Month Loan Prime Rate Plus 1.05%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_A12MonthLoanPrimeRatePlus1.05Member" xlink:href="psny-20240630.xsd#psny_A12MonthLoanPrimeRatePlus1.05Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_A12MonthLoanPrimeRatePlus1.05Member" xlink:to="lab_psny_A12MonthLoanPrimeRatePlus1.05Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Level1OfFairValueHierarchyMember_211a8224-9479-4341-8a52-69241cc045e6_terseLabel_en-US" xlink:label="lab_ifrs-full_Level1OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level 1</link:label>
    <link:label id="lab_ifrs-full_Level1OfFairValueHierarchyMember_label_en-US" xlink:label="lab_ifrs-full_Level1OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Level 1 of fair value hierarchy [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Level1OfFairValueHierarchyMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_Level1OfFairValueHierarchyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Level1OfFairValueHierarchyMember" xlink:to="lab_ifrs-full_Level1OfFairValueHierarchyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestReceivedClassifiedAsOperatingActivities_ff29b790-dba9-4089-a2f8-f6124a4ac9f9_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest received</link:label>
    <link:label id="lab_ifrs-full_InterestReceivedClassifiedAsOperatingActivities_44f46533-a953-4da7-aeba-e0b94cf3edb1_verboseLabel_en-US" xlink:label="lab_ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Additions to property, plant, and equipment</link:label>
    <link:label id="lab_ifrs-full_InterestReceivedClassifiedAsOperatingActivities_label_en-US" xlink:label="lab_ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest received, classified as operating activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_InterestReceivedClassifiedAsOperatingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:to="lab_ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EarningsPerShareExplanatory_cb7362da-84a2-4575-bb20-804695e8cc75_terseLabel_en-US" xlink:label="lab_ifrs-full_EarningsPerShareExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earnings per share</link:label>
    <link:label id="lab_ifrs-full_EarningsPerShareExplanatory_label_en-US" xlink:label="lab_ifrs-full_EarningsPerShareExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings per share [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EarningsPerShareExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_EarningsPerShareExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EarningsPerShareExplanatory" xlink:to="lab_ifrs-full_EarningsPerShareExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_BorrowingsAverageAmountOutstanding_3b58ed42-6f86-49e2-b839-e3fa72a5d12a_terseLabel_en-US" xlink:label="lab_psny_BorrowingsAverageAmountOutstanding" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowings, average amount outstanding</link:label>
    <link:label id="lab_psny_BorrowingsAverageAmountOutstanding_label_en-US" xlink:label="lab_psny_BorrowingsAverageAmountOutstanding" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings, Average Amount Outstanding</link:label>
    <link:label id="lab_psny_BorrowingsAverageAmountOutstanding_documentation_en-US" xlink:label="lab_psny_BorrowingsAverageAmountOutstanding" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Borrowings, Average Amount Outstanding</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_BorrowingsAverageAmountOutstanding" xlink:href="psny-20240630.xsd#psny_BorrowingsAverageAmountOutstanding"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_BorrowingsAverageAmountOutstanding" xlink:to="lab_psny_BorrowingsAverageAmountOutstanding" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_OtherReconcilingItems_8eb80cef-6361-4106-bfdd-bb55bd753fd8_terseLabel_en-US" xlink:label="lab_psny_OtherReconcilingItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other reconciling items</link:label>
    <link:label id="lab_psny_OtherReconcilingItems_label_en-US" xlink:label="lab_psny_OtherReconcilingItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Reconciling Items</link:label>
    <link:label id="lab_psny_OtherReconcilingItems_documentation_en-US" xlink:label="lab_psny_OtherReconcilingItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Reconciling Items</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_OtherReconcilingItems" xlink:href="psny-20240630.xsd#psny_OtherReconcilingItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_OtherReconcilingItems" xlink:to="lab_psny_OtherReconcilingItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AssetsAbstract_928c8673-e2d1-4572-b22c-d112f7236e14_terseLabel_en-US" xlink:label="lab_ifrs-full_AssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:label id="lab_ifrs-full_AssetsAbstract_cd578a65-4c72-427e-86de-98456c7f5e84_netLabel_en-US" xlink:label="lab_ifrs-full_AssetsAbstract" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:label id="lab_ifrs-full_AssetsAbstract_label_en-US" xlink:label="lab_ifrs-full_AssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AssetsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AssetsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AssetsAbstract" xlink:to="lab_ifrs-full_AssetsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LeaseLiabilities_77292470-2ff9-457f-bf7f-55b4c9de62e9_totalLabel_en-US" xlink:label="lab_ifrs-full_LeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_ifrs-full_LeaseLiabilities_label_en-US" xlink:label="lab_ifrs-full_LeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lease liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LeaseLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_LeaseLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LeaseLiabilities" xlink:to="lab_ifrs-full_LeaseLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfFinancialPositionAbstract_label_en-US" xlink:label="lab_ifrs-full_StatementOfFinancialPositionAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of financial position [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfFinancialPositionAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_StatementOfFinancialPositionAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfFinancialPositionAbstract" xlink:to="lab_ifrs-full_StatementOfFinancialPositionAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_PolestarTechnologyMember_3a9fd6ce-9b98-4168-9b44-63ea86a056fb_terseLabel_en-US" xlink:label="lab_psny_PolestarTechnologyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Polestar Technology</link:label>
    <link:label id="lab_psny_PolestarTechnologyMember_label_en-US" xlink:label="lab_psny_PolestarTechnologyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Polestar Technology [Member]</link:label>
    <link:label id="lab_psny_PolestarTechnologyMember_documentation_en-US" xlink:label="lab_psny_PolestarTechnologyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Polestar Technology</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_PolestarTechnologyMember" xlink:href="psny-20240630.xsd#psny_PolestarTechnologyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_PolestarTechnologyMember" xlink:to="lab_psny_PolestarTechnologyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfGeographicalAreasTable_5748c051-4fa0-4034-98f6-63018ee16164_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeographicalAreasTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of geographical areas [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfGeographicalAreasTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeographicalAreasTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of geographical areas [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfGeographicalAreasTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfGeographicalAreasTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfGeographicalAreasTable" xlink:to="lab_ifrs-full_DisclosureOfGeographicalAreasTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfRevenueExplanatory_f97c62f6-1bb7-4d68-88a7-8e618643d73c_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfRevenueExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfRevenueExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfRevenueExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of revenue [text block]</link:label>
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    <link:label id="lab_ifrs-full_OtherNoncurrentLiabilities_e6370354-f75b-45a8-82cd-984a2ea0a464_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Other non-current liabilities</link:label>
    <link:label id="lab_ifrs-full_OtherNoncurrentLiabilities_e0a61c54-6aa6-49c1-9819-64c524c8def5_negatedLabel_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other non-current liabilities</link:label>
    <link:label id="lab_ifrs-full_OtherNoncurrentLiabilities_label_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other non-current liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherNoncurrentLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherNoncurrentLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherNoncurrentLiabilities" xlink:to="lab_ifrs-full_OtherNoncurrentLiabilities" xlink:type="arc" order="1"/>
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    <link:label id="lab_ifrs-full_ComponentsOfEquityAxis_label_en-US" xlink:label="lab_ifrs-full_ComponentsOfEquityAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components of equity [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComponentsOfEquityAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ComponentsOfEquityAxis"/>
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    <link:label id="lab_psny_RevenueFromSaleOfGoodsRelatedPartyTransactionsPercentageOfTotalRevenue_label_en-US" xlink:label="lab_psny_RevenueFromSaleOfGoodsRelatedPartyTransactionsPercentageOfTotalRevenue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue From Sale Of Goods, Related Party Transactions, Percentage Of Total Revenue</link:label>
    <link:label id="lab_psny_RevenueFromSaleOfGoodsRelatedPartyTransactionsPercentageOfTotalRevenue_documentation_en-US" xlink:label="lab_psny_RevenueFromSaleOfGoodsRelatedPartyTransactionsPercentageOfTotalRevenue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revenue From Sale Of Goods, Related Party Transactions, Percentage Of Total Revenue</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_RevenueFromSaleOfGoodsRelatedPartyTransactionsPercentageOfTotalRevenue" xlink:href="psny-20240630.xsd#psny_RevenueFromSaleOfGoodsRelatedPartyTransactionsPercentageOfTotalRevenue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_RevenueFromSaleOfGoodsRelatedPartyTransactionsPercentageOfTotalRevenue" xlink:to="lab_psny_RevenueFromSaleOfGoodsRelatedPartyTransactionsPercentageOfTotalRevenue" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_IncreaseDecreaseThroughTransfersAndOtherChangesLeaseLiabilities_35c11701-a64d-4f0a-a55a-0d7ca1fa634b_terseLabel_en-US" xlink:label="lab_psny_IncreaseDecreaseThroughTransfersAndOtherChangesLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reclassification to inventory - (Restated)</link:label>
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    <link:label id="lab_psny_IncreaseDecreaseThroughTransfersAndOtherChangesLeaseLiabilities_documentation_en-US" xlink:label="lab_psny_IncreaseDecreaseThroughTransfersAndOtherChangesLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase (Decrease) Through Transfers And Other Changes, Lease Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_IncreaseDecreaseThroughTransfersAndOtherChangesLeaseLiabilities" xlink:href="psny-20240630.xsd#psny_IncreaseDecreaseThroughTransfersAndOtherChangesLeaseLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_IncreaseDecreaseThroughTransfersAndOtherChangesLeaseLiabilities" xlink:to="lab_psny_IncreaseDecreaseThroughTransfersAndOtherChangesLeaseLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_InterestBearingCurrentLiabilitiesAndInterestBearingCurrentLiabilitiesMember_1dcbf801-1584-4d48-bc18-803425e386a6_terseLabel_en-US" xlink:label="lab_psny_InterestBearingCurrentLiabilitiesAndInterestBearingCurrentLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current and non-current liabilities related to repurchase commitments - (Restated)</link:label>
    <link:label id="lab_psny_InterestBearingCurrentLiabilitiesAndInterestBearingCurrentLiabilitiesMember_label_en-US" xlink:label="lab_psny_InterestBearingCurrentLiabilitiesAndInterestBearingCurrentLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest-Bearing Current Liabilities And Interest-Bearing Current Liabilities [Member]</link:label>
    <link:label id="lab_psny_InterestBearingCurrentLiabilitiesAndInterestBearingCurrentLiabilitiesMember_documentation_en-US" xlink:label="lab_psny_InterestBearingCurrentLiabilitiesAndInterestBearingCurrentLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest-Bearing Current Liabilities And Interest-Bearing Current Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_InterestBearingCurrentLiabilitiesAndInterestBearingCurrentLiabilitiesMember" xlink:href="psny-20240630.xsd#psny_InterestBearingCurrentLiabilitiesAndInterestBearingCurrentLiabilitiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_InterestBearingCurrentLiabilitiesAndInterestBearingCurrentLiabilitiesMember" xlink:to="lab_psny_InterestBearingCurrentLiabilitiesAndInterestBearingCurrentLiabilitiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects_bacd0f5d-b161-4f0d-af74-a0863d60aa40_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net loss attributable to common share holders, diluted</link:label>
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    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" xlink:to="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReceivablesDueFromAssociates_73544dc7-c399-403e-a2c3-10b4f8335b8d_terseLabel_en-US" xlink:label="lab_ifrs-full_ReceivablesDueFromAssociates" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trade receivables - related parties, additional amount</link:label>
    <link:label id="lab_ifrs-full_ReceivablesDueFromAssociates_label_en-US" xlink:label="lab_ifrs-full_ReceivablesDueFromAssociates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Receivables due from associates</link:label>
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    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReceivablesDueFromAssociates" xlink:to="lab_ifrs-full_ReceivablesDueFromAssociates" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories_c2b7cd71-b8a2-4a6c-9e64-cf19c2a4e242_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inventories</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInInventories"/>
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    <link:label id="lab_ifrs-full_DeferredTaxLiabilities_3df40a20-2feb-4843-9094-6c2452863e69_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax liabilities</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxLiabilities_75a6793e-f6f4-4cda-bc88-4ba44874fe68_negatedLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Deferred tax liabilities</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxLiabilities_label_en-US" xlink:label="lab_ifrs-full_DeferredTaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred tax liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DeferredTaxLiabilities"/>
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    <link:label id="lab_ifrs-full_ContractualCommitmentsForAcquisitionOfIntangibleAssets_57facee0-8fe9-48ab-bc16-b061af76a767_terseLabel_en-US" xlink:label="lab_ifrs-full_ContractualCommitmentsForAcquisitionOfIntangibleAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
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    <link:label id="lab_psny_RenaultKoreaMotorsCo.LtdMember_a14add42-7670-4d11-a647-f4a64cd36b5c_terseLabel_en-US" xlink:label="lab_psny_RenaultKoreaMotorsCo.LtdMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Renault Korea Motors Co. Ltd</link:label>
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    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_RenaultKoreaMotorsCo.LtdMember" xlink:to="lab_psny_RenaultKoreaMotorsCo.LtdMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfAntidilutiveInstrumentsDomain_dfc08109-ae4b-4a0d-a144-88dea119629f_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfAntidilutiveInstrumentsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of antidilutive instruments [domain]</link:label>
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    <link:label id="lab_dei_EntityDomain_12555bde-f954-4d9a-8554-c1a780e2b680_terseLabel_en-US" xlink:label="lab_dei_EntityDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity [Domain]</link:label>
    <link:label id="lab_dei_EntityDomain_label_en-US" xlink:label="lab_dei_EntityDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityDomain" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityDomain"/>
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    <link:label id="lab_psny_MachineryUnderDevelopmentMember_411716ae-ba6a-4598-97c5-7d56d7d985eb_terseLabel_en-US" xlink:label="lab_psny_MachineryUnderDevelopmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Machinery under development</link:label>
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    <link:label id="lab_psny_MachineryUnderDevelopmentMember_documentation_en-US" xlink:label="lab_psny_MachineryUnderDevelopmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Machinery Under Development</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_MachineryUnderDevelopmentMember" xlink:href="psny-20240630.xsd#psny_MachineryUnderDevelopmentMember"/>
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    <link:label id="lab_psny_A12MonthLoanPrimeRatePlus0.25Member_dd0de0b7-4129-4b16-a9f7-501f784df746_terseLabel_en-US" xlink:label="lab_psny_A12MonthLoanPrimeRatePlus0.25Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">12 Month Loan Prime Rate Plus 0.25%</link:label>
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    <link:label id="lab_psny_ClassAOrdinarySharesMember_8651a5de-1624-43b9-b4f3-806412da1e97_terseLabel_en-US" xlink:label="lab_psny_ClassAOrdinarySharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class A Shares</link:label>
    <link:label id="lab_psny_ClassAOrdinarySharesMember_label_en-US" xlink:label="lab_psny_ClassAOrdinarySharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class&#160;A&#160;Ordinary Shares [Member]</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_psny_ClassAOrdinarySharesMember" xlink:href="psny-20240630.xsd#psny_ClassAOrdinarySharesMember"/>
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    <link:label id="lab_psny_ReverseRecapitalizationChangeInFairValueMeasurement_02defddf-c4a8-4c57-a73e-c2f1a38c9db5_terseLabel_en-US" xlink:label="lab_psny_ReverseRecapitalizationChangeInFairValueMeasurement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes in fair value measurement</link:label>
    <link:label id="lab_psny_ReverseRecapitalizationChangeInFairValueMeasurement_label_en-US" xlink:label="lab_psny_ReverseRecapitalizationChangeInFairValueMeasurement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reverse Recapitalization, Change in Fair Value Measurement</link:label>
    <link:label id="lab_psny_ReverseRecapitalizationChangeInFairValueMeasurement_documentation_en-US" xlink:label="lab_psny_ReverseRecapitalizationChangeInFairValueMeasurement" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reverse Recapitalization, Change in Fair Value Measurement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ReverseRecapitalizationChangeInFairValueMeasurement" xlink:href="psny-20240630.xsd#psny_ReverseRecapitalizationChangeInFairValueMeasurement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_ReverseRecapitalizationChangeInFairValueMeasurement" xlink:to="lab_psny_ReverseRecapitalizationChangeInFairValueMeasurement" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_InvestmentInAffiliatesShareOfNetIncomeLoss_178d0528-42bd-47d3-aa51-450a3ce80f3c_terseLabel_en-US" xlink:label="lab_psny_InvestmentInAffiliatesShareOfNetIncomeLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Recognized share of losses in Polestar Times Technology</link:label>
    <link:label id="lab_psny_InvestmentInAffiliatesShareOfNetIncomeLoss_label_en-US" xlink:label="lab_psny_InvestmentInAffiliatesShareOfNetIncomeLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment In Affiliates, Share of Net Income (Loss)</link:label>
    <link:label id="lab_psny_InvestmentInAffiliatesShareOfNetIncomeLoss_documentation_en-US" xlink:label="lab_psny_InvestmentInAffiliatesShareOfNetIncomeLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investment In Affiliates, Share of Net Income (Loss)</link:label>
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    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillExplanatory_a9eaa7b3-91dc-45a8-b6bc-bb1717e70bc8_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of changes in intangible assets and goodwill</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of changes in intangible assets and goodwill [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillExplanatory"/>
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    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities_9d51d9b8-66fa-4eab-b1e8-87e5f1311195_totalLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Cash used for operating activities</link:label>
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    <link:label id="lab_ifrs-full_LeaseLiabilitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_LeaseLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lease liabilities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LeaseLiabilitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_LeaseLiabilitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LeaseLiabilitiesAbstract" xlink:to="lab_ifrs-full_LeaseLiabilitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsExplanatory_afe99f2e-128c-4ee3-8776-20461357dbe9_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of maturity analysis of operating lease payments</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of maturity analysis of operating lease payments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_June12MonthLoanPrimeRatePlus0.85Member_6c07e18d-b95f-4c9f-a97e-5b261e052965_terseLabel_en-US" xlink:label="lab_psny_June12MonthLoanPrimeRatePlus0.85Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">June 12 Month Loan Prime Rate Plus 0.85%</link:label>
    <link:label id="lab_psny_June12MonthLoanPrimeRatePlus0.85Member_label_en-US" xlink:label="lab_psny_June12MonthLoanPrimeRatePlus0.85Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">June 12 Month Loan Prime Rate Plus 0.85% [Member]</link:label>
    <link:label id="lab_psny_June12MonthLoanPrimeRatePlus0.85Member_documentation_en-US" xlink:label="lab_psny_June12MonthLoanPrimeRatePlus0.85Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">June 12 Month Loan Prime Rate Plus 0.85%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_June12MonthLoanPrimeRatePlus0.85Member" xlink:href="psny-20240630.xsd#psny_June12MonthLoanPrimeRatePlus0.85Member"/>
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    <link:label id="lab_ifrs-full_SellingGeneralAndAdministrativeExpense_56275501-6cce-4d2d-8575-c322cae37cfb_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_SellingGeneralAndAdministrativeExpense" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Selling, general, and administrative expense</link:label>
    <link:label id="lab_ifrs-full_SellingGeneralAndAdministrativeExpense_25465ba1-38b6-4352-90ea-00a97c6ae86d_negatedLabel_en-US" xlink:label="lab_ifrs-full_SellingGeneralAndAdministrativeExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Selling, general and administrative expense</link:label>
    <link:label id="lab_ifrs-full_SellingGeneralAndAdministrativeExpense_label_en-US" xlink:label="lab_ifrs-full_SellingGeneralAndAdministrativeExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Selling, general and administrative expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SellingGeneralAndAdministrativeExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_SellingGeneralAndAdministrativeExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SellingGeneralAndAdministrativeExpense" xlink:to="lab_ifrs-full_SellingGeneralAndAdministrativeExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis_7447c367-73ed-4252-bc88-ebdb9645c28d_terseLabel_en-US" xlink:label="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-adjusting events after reporting period [axis]</link:label>
    <link:label id="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis_label_en-US" xlink:label="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-adjusting events after reporting period [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NonadjustingEventsAfterReportingPeriodAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:to="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ShareIssueRelatedCost_46221948-6a76-4d8d-92dd-48337c58f4e6_negatedLabel_en-US" xlink:label="lab_ifrs-full_ShareIssueRelatedCost" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Operating loss</link:label>
    <link:label id="lab_ifrs-full_ShareIssueRelatedCost_label_en-US" xlink:label="lab_ifrs-full_ShareIssueRelatedCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share issue related cost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ShareIssueRelatedCost" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ShareIssueRelatedCost"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ShareIssueRelatedCost" xlink:to="lab_ifrs-full_ShareIssueRelatedCost" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInAssociate_fff82804-82e0-46fc-b2d9-e6e2e55c9fe7_verboseLabel_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Polestar's percentage ownership interest</link:label>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInAssociate_label_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proportion of ownership interest in associate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProportionOfOwnershipInterestInAssociate"/>
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    <link:label id="lab_ifrs-full_CurrentTradeReceivables_9c041708-2ecc-40d2-8017-953c5724d9a2_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentTradeReceivables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trade receivables</link:label>
    <link:label id="lab_ifrs-full_CurrentTradeReceivables_21cee994-e13c-4fa0-8a27-69b68c3de3fc_verboseLabel_en-US" xlink:label="lab_ifrs-full_CurrentTradeReceivables" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Trade receivables</link:label>
    <link:label id="lab_ifrs-full_CurrentTradeReceivables_label_en-US" xlink:label="lab_ifrs-full_CurrentTradeReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current trade receivables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentTradeReceivables" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentTradeReceivables"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentTradeReceivables" xlink:to="lab_ifrs-full_CurrentTradeReceivables" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable_759c6017-5b17-4dc3-a6c6-6a4fae7de22d_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of classes of share capital [table]</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalTable"/>
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    <link:label id="lab_psny_ClassASharesMember_f7059aa1-9476-4c3f-9687-a338f0dacd29_terseLabel_en-US" xlink:label="lab_psny_ClassASharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class&#160;A Shares</link:label>
    <link:label id="lab_psny_ClassASharesMember_label_en-US" xlink:label="lab_psny_ClassASharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class&#160;A Shares [Member]</link:label>
    <link:label id="lab_psny_ClassASharesMember_documentation_en-US" xlink:label="lab_psny_ClassASharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class&#160;A Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ClassASharesMember" xlink:href="psny-20240630.xsd#psny_ClassASharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_ClassASharesMember" xlink:to="lab_psny_ClassASharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_ClassBSharesMember_95647956-0aa9-40a9-9afd-16facbc6340c_terseLabel_en-US" xlink:label="lab_psny_ClassBSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class B Shares</link:label>
    <link:label id="lab_psny_ClassBSharesMember_label_en-US" xlink:label="lab_psny_ClassBSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class&#160;B&#160;Shares [Member]</link:label>
    <link:label id="lab_psny_ClassBSharesMember_documentation_en-US" xlink:label="lab_psny_ClassBSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class&#160;B&#160;Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ClassBSharesMember" xlink:href="psny-20240630.xsd#psny_ClassBSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_ClassBSharesMember" xlink:to="lab_psny_ClassBSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_GeelyMember_1e5c5e80-02ac-4c17-8001-b9664260602d_terseLabel_en-US" xlink:label="lab_psny_GeelyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Geely</link:label>
    <link:label id="lab_psny_GeelyMember_label_en-US" xlink:label="lab_psny_GeelyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geely [Member]</link:label>
    <link:label id="lab_psny_GeelyMember_documentation_en-US" xlink:label="lab_psny_GeelyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Geely</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_GeelyMember" xlink:href="psny-20240630.xsd#psny_GeelyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_GeelyMember" xlink:to="lab_psny_GeelyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RightofuseAssets_369b846a-8f24-4b92-8d46-f156013ed1a3_terseLabel_en-US" xlink:label="lab_ifrs-full_RightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vehicles under operating leases</link:label>
    <link:label id="lab_ifrs-full_RightofuseAssets_838114da-b168-42af-81c4-fe14ce4340a6_verboseLabel_en-US" xlink:label="lab_ifrs-full_RightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Vehicles under operating leases</link:label>
    <link:label id="lab_ifrs-full_RightofuseAssets_label_en-US" xlink:label="lab_ifrs-full_RightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Right-of-use assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RightofuseAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_RightofuseAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RightofuseAssets" xlink:to="lab_ifrs-full_RightofuseAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Liabilities_159ce65f-21d5-47bc-a91c-1cbd83d42cc0_negatedTotalLabel_en-US" xlink:label="lab_ifrs-full_Liabilities" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Total liabilities</link:label>
    <link:label id="lab_ifrs-full_Liabilities_label_en-US" xlink:label="lab_ifrs-full_Liabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Liabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_Liabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Liabilities" xlink:to="lab_ifrs-full_Liabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_IncreaseDecreaseThroughTransferFromPropertyPlantAndEquipment_dee07af6-02a9-4066-b9e2-6e5b3fe6c092_terseLabel_en-US" xlink:label="lab_psny_IncreaseDecreaseThroughTransferFromPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reclassification to inventory - (Restated)</link:label>
    <link:label id="lab_psny_IncreaseDecreaseThroughTransferFromPropertyPlantAndEquipment_label_en-US" xlink:label="lab_psny_IncreaseDecreaseThroughTransferFromPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) Through Transfer From Property Plant and Equipment</link:label>
    <link:label id="lab_psny_IncreaseDecreaseThroughTransferFromPropertyPlantAndEquipment_documentation_en-US" xlink:label="lab_psny_IncreaseDecreaseThroughTransferFromPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase (Decrease) Through Transfer From Property Plant and Equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_IncreaseDecreaseThroughTransferFromPropertyPlantAndEquipment" xlink:href="psny-20240630.xsd#psny_IncreaseDecreaseThroughTransferFromPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_IncreaseDecreaseThroughTransferFromPropertyPlantAndEquipment" xlink:to="lab_psny_IncreaseDecreaseThroughTransferFromPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_A1MonthSecuredOvernightFinancingRatePlus1.1Member_1b08ccf9-d8d3-4599-9a94-5346d795b857_terseLabel_en-US" xlink:label="lab_psny_A1MonthSecuredOvernightFinancingRatePlus1.1Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">1 Month Secured Overnight Financing Rate Plus 1.1%</link:label>
    <link:label id="lab_psny_A1MonthSecuredOvernightFinancingRatePlus1.1Member_label_en-US" xlink:label="lab_psny_A1MonthSecuredOvernightFinancingRatePlus1.1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">1 Month Secured Overnight Financing Rate Plus 1.1% [Member]</link:label>
    <link:label id="lab_psny_A1MonthSecuredOvernightFinancingRatePlus1.1Member_documentation_en-US" xlink:label="lab_psny_A1MonthSecuredOvernightFinancingRatePlus1.1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">1 Month Secured Overnight Financing Rate Plus 1.1%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_A1MonthSecuredOvernightFinancingRatePlus1.1Member" xlink:href="psny-20240630.xsd#psny_A1MonthSecuredOvernightFinancingRatePlus1.1Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_A1MonthSecuredOvernightFinancingRatePlus1.1Member" xlink:to="lab_psny_A1MonthSecuredOvernightFinancingRatePlus1.1Member" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_SaleLeasebackFacilitiesMember_c016942b-18db-4f1b-8b54-e3798f25f80b_terseLabel_en-US" xlink:label="lab_psny_SaleLeasebackFacilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sale-leaseback facilities</link:label>
    <link:label id="lab_psny_SaleLeasebackFacilitiesMember_label_en-US" xlink:label="lab_psny_SaleLeasebackFacilitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sale-Leaseback Facilities [Member]</link:label>
    <link:label id="lab_psny_SaleLeasebackFacilitiesMember_documentation_en-US" xlink:label="lab_psny_SaleLeasebackFacilitiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Sale-Leaseback Facilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_SaleLeasebackFacilitiesMember" xlink:href="psny-20240630.xsd#psny_SaleLeasebackFacilitiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_SaleLeasebackFacilitiesMember" xlink:to="lab_psny_SaleLeasebackFacilitiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations_1b000e21-7a59-4c74-a97b-565e94d64f9c_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adoption of new and revised standards</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of expected impact of initial application of new standards or interpretations [text block]</link:label>
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    <link:label id="lab_ifrs-full_ComputerSoftwareMember_cc816ca6-4d20-49dd-9eec-e161280f0ee5_terseLabel_en-US" xlink:label="lab_ifrs-full_ComputerSoftwareMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Software</link:label>
    <link:label id="lab_ifrs-full_ComputerSoftwareMember_label_en-US" xlink:label="lab_ifrs-full_ComputerSoftwareMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Computer software [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComputerSoftwareMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ComputerSoftwareMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComputerSoftwareMember" xlink:to="lab_ifrs-full_ComputerSoftwareMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressCountry_bb6cd338-ef90-4a21-b36f-ef4b3de43fa7_terseLabel_en-US" xlink:label="lab_dei_EntityAddressCountry" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, Country</link:label>
    <link:label id="lab_dei_EntityAddressCountry_label_en-US" xlink:label="lab_dei_EntityAddressCountry" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, Country</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCountry" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressCountry"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressCountry" xlink:to="lab_dei_EntityAddressCountry" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NumberOfSharesIssued_8ceaf6bc-4c9f-4c08-81d0-870dff903ff4_terseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfSharesIssued" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of shares issued (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfSharesIssued_label_en-US" xlink:label="lab_ifrs-full_NumberOfSharesIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of shares issued</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfSharesIssued" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NumberOfSharesIssued"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfSharesIssued" xlink:to="lab_ifrs-full_NumberOfSharesIssued" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SettlementOfLiabilitiesOnBehalfOfEntityByRelatedPartyRelatedPartyTransactions_1b0f5678-2a9c-4f76-9378-6236ff5fae16_terseLabel_en-US" xlink:label="lab_ifrs-full_SettlementOfLiabilitiesOnBehalfOfEntityByRelatedPartyRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Settlement of liabilities on behalf of entity by related party, related party transactions</link:label>
    <link:label id="lab_ifrs-full_SettlementOfLiabilitiesOnBehalfOfEntityByRelatedPartyRelatedPartyTransactions_label_en-US" xlink:label="lab_ifrs-full_SettlementOfLiabilitiesOnBehalfOfEntityByRelatedPartyRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Settlement of liabilities on behalf of entity by related party, related party transactions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SettlementOfLiabilitiesOnBehalfOfEntityByRelatedPartyRelatedPartyTransactions" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_SettlementOfLiabilitiesOnBehalfOfEntityByRelatedPartyRelatedPartyTransactions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SettlementOfLiabilitiesOnBehalfOfEntityByRelatedPartyRelatedPartyTransactions" xlink:to="lab_ifrs-full_SettlementOfLiabilitiesOnBehalfOfEntityByRelatedPartyRelatedPartyTransactions" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_OtherNonCurrentReceivablesMember_28d53ef6-99b8-47cd-aaad-df2b6bea6659_terseLabel_en-US" xlink:label="lab_psny_OtherNonCurrentReceivablesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other current receivables and other current receivables - related parties</link:label>
    <link:label id="lab_psny_OtherNonCurrentReceivablesMember_label_en-US" xlink:label="lab_psny_OtherNonCurrentReceivablesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Non-Current Receivables [Member]</link:label>
    <link:label id="lab_psny_OtherNonCurrentReceivablesMember_documentation_en-US" xlink:label="lab_psny_OtherNonCurrentReceivablesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Non-Current Receivables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_OtherNonCurrentReceivablesMember" xlink:href="psny-20240630.xsd#psny_OtherNonCurrentReceivablesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_OtherNonCurrentReceivablesMember" xlink:to="lab_psny_OtherNonCurrentReceivablesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanFiveYearsMember_64773ea9-6900-486d-bd43-8622bd6d57ca_verboseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Later than 5 years</link:label>
    <link:label id="lab_ifrs-full_LaterThanFiveYearsMember_c81182d6-b85c-469f-b294-b800823b5cd6_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Due beyond 5 years</link:label>
    <link:label id="lab_ifrs-full_LaterThanFiveYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than five years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanFiveYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_LaterThanFiveYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanFiveYearsMember" xlink:to="lab_ifrs-full_LaterThanFiveYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialLiabilities_7b3a2989-f6b5-4633-927d-1596c745cbd9_verboseLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Financial liabilities</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilities_label_en-US" xlink:label="lab_ifrs-full_FinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_FinancialLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialLiabilities" xlink:to="lab_ifrs-full_FinancialLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssetsWithContractualCashFlowsModifiedDuringReportingPeriodWhileLossAllowanceMeasuredAtLifetimeExpectedCreditLossesAmortisedCostBeforeModification_c4313690-32f8-418d-b54c-edfdf77cfee7_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsWithContractualCashFlowsModifiedDuringReportingPeriodWhileLossAllowanceMeasuredAtLifetimeExpectedCreditLossesAmortisedCostBeforeModification" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets with contractual cash flows modified during reporting period while loss allowance measured at lifetime expected credit losses, amortised cost before modification</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsWithContractualCashFlowsModifiedDuringReportingPeriodWhileLossAllowanceMeasuredAtLifetimeExpectedCreditLossesAmortisedCostBeforeModification_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsWithContractualCashFlowsModifiedDuringReportingPeriodWhileLossAllowanceMeasuredAtLifetimeExpectedCreditLossesAmortisedCostBeforeModification" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets with contractual cash flows modified during reporting period while loss allowance measured at lifetime expected credit losses, amortised cost before modification</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsWithContractualCashFlowsModifiedDuringReportingPeriodWhileLossAllowanceMeasuredAtLifetimeExpectedCreditLossesAmortisedCostBeforeModification" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_FinancialAssetsWithContractualCashFlowsModifiedDuringReportingPeriodWhileLossAllowanceMeasuredAtLifetimeExpectedCreditLossesAmortisedCostBeforeModification"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsWithContractualCashFlowsModifiedDuringReportingPeriodWhileLossAllowanceMeasuredAtLifetimeExpectedCreditLossesAmortisedCostBeforeModification" xlink:to="lab_ifrs-full_FinancialAssetsWithContractualCashFlowsModifiedDuringReportingPeriodWhileLossAllowanceMeasuredAtLifetimeExpectedCreditLossesAmortisedCostBeforeModification" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_EquitySettledShareBasedPayment_785cc45c-466f-4088-875c-34323897b3e7_terseLabel_en-US" xlink:label="lab_psny_EquitySettledShareBasedPayment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity-Settled Share-Based Payment, (in shares)</link:label>
    <link:label id="lab_psny_EquitySettledShareBasedPayment_label_en-US" xlink:label="lab_psny_EquitySettledShareBasedPayment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity-Settled Share-Based Payment</link:label>
    <link:label id="lab_psny_EquitySettledShareBasedPayment_documentation_en-US" xlink:label="lab_psny_EquitySettledShareBasedPayment" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Equity-Settled Share-Based Payment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_EquitySettledShareBasedPayment" xlink:href="psny-20240630.xsd#psny_EquitySettledShareBasedPayment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_EquitySettledShareBasedPayment" xlink:to="lab_psny_EquitySettledShareBasedPayment" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_RepurchaseCommitmentsMember_ea92c411-d190-4a55-b050-ba084ef0ed6b_terseLabel_en-US" xlink:label="lab_psny_RepurchaseCommitmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current and non-current refund liabilities and current refund liabilities - related parties - (Restated)</link:label>
    <link:label id="lab_psny_RepurchaseCommitmentsMember_label_en-US" xlink:label="lab_psny_RepurchaseCommitmentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repurchase Commitments [Member]</link:label>
    <link:label id="lab_psny_RepurchaseCommitmentsMember_documentation_en-US" xlink:label="lab_psny_RepurchaseCommitmentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Repurchase Commitments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_RepurchaseCommitmentsMember" xlink:href="psny-20240630.xsd#psny_RepurchaseCommitmentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_RepurchaseCommitmentsMember" xlink:to="lab_psny_RepurchaseCommitmentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_DisclosureOfListOfAccountingPoliciesLineItems_34e2cc91-8e3b-4795-9e85-8590be0874d7_terseLabel_en-US" xlink:label="lab_psny_DisclosureOfListOfAccountingPoliciesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of List Of Accounting Policies [Line Items]</link:label>
    <link:label id="lab_psny_DisclosureOfListOfAccountingPoliciesLineItems_label_en-US" xlink:label="lab_psny_DisclosureOfListOfAccountingPoliciesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of List Of Accounting Policies [Line Items]</link:label>
    <link:label id="lab_psny_DisclosureOfListOfAccountingPoliciesLineItems_documentation_en-US" xlink:label="lab_psny_DisclosureOfListOfAccountingPoliciesLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of List Of Accounting Policies</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_DisclosureOfListOfAccountingPoliciesLineItems" xlink:href="psny-20240630.xsd#psny_DisclosureOfListOfAccountingPoliciesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_DisclosureOfListOfAccountingPoliciesLineItems" xlink:to="lab_psny_DisclosureOfListOfAccountingPoliciesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories_f810e3ed-3f7d-4e5e-9219-4e7f9c104167_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impairment of inventory</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories_8d734f43-22cc-4c3c-9c2e-04716db8d3b4_verboseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Impairment of inventory</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for impairment loss (reversal of impairment loss) recognised in profit or loss, inventories</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories" xlink:to="lab_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_BalanceSheetLocationDomain_c32702dc-da9c-488a-8bba-b7ae1277323f_terseLabel_en-US" xlink:label="lab_psny_BalanceSheetLocationDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Balance Sheet Location [Domain]</link:label>
    <link:label id="lab_psny_BalanceSheetLocationDomain_label_en-US" xlink:label="lab_psny_BalanceSheetLocationDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Balance Sheet Location [Domain]</link:label>
    <link:label id="lab_psny_BalanceSheetLocationDomain_documentation_en-US" xlink:label="lab_psny_BalanceSheetLocationDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Balance Sheet Location [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_BalanceSheetLocationDomain" xlink:href="psny-20240630.xsd#psny_BalanceSheetLocationDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_BalanceSheetLocationDomain" xlink:to="lab_psny_BalanceSheetLocationDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsExplanatory_fdae505c-e1ba-4c57-ae4b-9ed373d631ff_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Carrying Amount of Financial Assets</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfFinancialAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFinancialAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GrossCarryingAmountMember_181db009-1696-4b9d-b5b5-ceb32ae89e1d_terseLabel_en-US" xlink:label="lab_ifrs-full_GrossCarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gross carrying amount</link:label>
    <link:label id="lab_ifrs-full_GrossCarryingAmountMember_label_en-US" xlink:label="lab_ifrs-full_GrossCarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gross carrying amount [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GrossCarryingAmountMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_GrossCarryingAmountMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GrossCarryingAmountMember" xlink:to="lab_ifrs-full_GrossCarryingAmountMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable_115b41b1-1f71-43dd-b918-98d125819c69_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of contingent liabilities in business combination [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of contingent liabilities in business combination [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable" xlink:to="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_EventsAfterReportingPeriodAbstract_label_en-US" xlink:label="lab_psny_EventsAfterReportingPeriodAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Events After Reporting Period [Abstract]</link:label>
    <link:label id="lab_psny_EventsAfterReportingPeriodAbstract_documentation_en-US" xlink:label="lab_psny_EventsAfterReportingPeriodAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Events After Reporting Period [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_EventsAfterReportingPeriodAbstract" xlink:href="psny-20240630.xsd#psny_EventsAfterReportingPeriodAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_EventsAfterReportingPeriodAbstract" xlink:to="lab_psny_EventsAfterReportingPeriodAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_5d13d64a-f8d9-4e43-be7c-7164afd38af1_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of share capital, reserves and other equity interest [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:to="lab_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentType_3f80a9ce-1d11-4bdf-8039-fb52d06e9e16_terseLabel_en-US" xlink:label="lab_dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:label id="lab_dei_DocumentType_label_en-US" xlink:label="lab_dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentType"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentType" xlink:to="lab_dei_DocumentType" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfAdditionalInformationAboutLeasingActivitiesForLesseeExplanatory_5002857e-4e37-4429-9b7a-819990f686ed_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfAdditionalInformationAboutLeasingActivitiesForLesseeExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of additional information about leasing activities for lessee</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfAdditionalInformationAboutLeasingActivitiesForLesseeExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfAdditionalInformationAboutLeasingActivitiesForLesseeExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of additional information about leasing activities for lessee [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfAdditionalInformationAboutLeasingActivitiesForLesseeExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfAdditionalInformationAboutLeasingActivitiesForLesseeExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfAdditionalInformationAboutLeasingActivitiesForLesseeExplanatory" xlink:to="lab_ifrs-full_DisclosureOfAdditionalInformationAboutLeasingActivitiesForLesseeExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_AdjustmentsToReconcileProfitLossNonCashAbstract_1446588e-7638-4f60-acaf-c1a3a65d1c24_terseLabel_en-US" xlink:label="lab_psny_AdjustmentsToReconcileProfitLossNonCashAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustments to reconcile net loss to net cash flows:</link:label>
    <link:label id="lab_psny_AdjustmentsToReconcileProfitLossNonCashAbstract_ef0ebb4c-227a-4d90-a88b-acafafa17de9_verboseLabel_en-US" xlink:label="lab_psny_AdjustmentsToReconcileProfitLossNonCashAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Adjustments to reconcile net loss to net cash flows:</link:label>
    <link:label id="lab_psny_AdjustmentsToReconcileProfitLossNonCashAbstract_label_en-US" xlink:label="lab_psny_AdjustmentsToReconcileProfitLossNonCashAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments To Reconcile Profit (Loss), Non-Cash [Abstract]</link:label>
    <link:label id="lab_psny_AdjustmentsToReconcileProfitLossNonCashAbstract_documentation_en-US" xlink:label="lab_psny_AdjustmentsToReconcileProfitLossNonCashAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustments To Reconcile Profit (Loss), Non-Cash</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_AdjustmentsToReconcileProfitLossNonCashAbstract" xlink:href="psny-20240630.xsd#psny_AdjustmentsToReconcileProfitLossNonCashAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_AdjustmentsToReconcileProfitLossNonCashAbstract" xlink:to="lab_psny_AdjustmentsToReconcileProfitLossNonCashAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_NonCurrentAssetsFromContractsWithCustomers_a22abe92-04bb-42f6-b943-35c499fefe0f_terseLabel_en-US" xlink:label="lab_psny_NonCurrentAssetsFromContractsWithCustomers" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current receivables from contracts with customers</link:label>
    <link:label id="lab_psny_NonCurrentAssetsFromContractsWithCustomers_label_en-US" xlink:label="lab_psny_NonCurrentAssetsFromContractsWithCustomers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current Assets from Contracts With Customers</link:label>
    <link:label id="lab_psny_NonCurrentAssetsFromContractsWithCustomers_documentation_en-US" xlink:label="lab_psny_NonCurrentAssetsFromContractsWithCustomers" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non-current Assets from Contracts With Customers</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_NonCurrentAssetsFromContractsWithCustomers" xlink:href="psny-20240630.xsd#psny_NonCurrentAssetsFromContractsWithCustomers"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_NonCurrentAssetsFromContractsWithCustomers" xlink:to="lab_psny_NonCurrentAssetsFromContractsWithCustomers" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_InventoriesAbstract_label_en-US" xlink:label="lab_psny_InventoriesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inventories [Abstract]</link:label>
    <link:label id="lab_psny_InventoriesAbstract_documentation_en-US" xlink:label="lab_psny_InventoriesAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Inventories [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_InventoriesAbstract" xlink:href="psny-20240630.xsd#psny_InventoriesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_InventoriesAbstract" xlink:to="lab_psny_InventoriesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentAnnualReport_2e69a0d3-e538-498c-a539-ecd5cdc1e02a_terseLabel_en-US" xlink:label="lab_dei_DocumentAnnualReport" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Annual Report</link:label>
    <link:label id="lab_dei_DocumentAnnualReport_label_en-US" xlink:label="lab_dei_DocumentAnnualReport" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Annual Report</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentAnnualReport" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentAnnualReport"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentAnnualReport" xlink:to="lab_dei_DocumentAnnualReport" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_VehicleLeasingMember_f3e14113-d0dd-4e8c-9764-af0cfc646f37_terseLabel_en-US" xlink:label="lab_psny_VehicleLeasingMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vehicle leasing revenue</link:label>
    <link:label id="lab_psny_VehicleLeasingMember_label_en-US" xlink:label="lab_psny_VehicleLeasingMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Vehicle Leasing [Member]</link:label>
    <link:label id="lab_psny_VehicleLeasingMember_documentation_en-US" xlink:label="lab_psny_VehicleLeasingMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Vehicle Leasing</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_VehicleLeasingMember" xlink:href="psny-20240630.xsd#psny_VehicleLeasingMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_VehicleLeasingMember" xlink:to="lab_psny_VehicleLeasingMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_NumberOfAdditionalSharesAuthorised_f9fca360-9f00-4bed-9f04-0e478734ef9e_terseLabel_en-US" xlink:label="lab_psny_NumberOfAdditionalSharesAuthorised" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of additional shares authorised (in shares)</link:label>
    <link:label id="lab_psny_NumberOfAdditionalSharesAuthorised_label_en-US" xlink:label="lab_psny_NumberOfAdditionalSharesAuthorised" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Additional Shares Authorised</link:label>
    <link:label id="lab_psny_NumberOfAdditionalSharesAuthorised_documentation_en-US" xlink:label="lab_psny_NumberOfAdditionalSharesAuthorised" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Additional Shares Authorised</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_NumberOfAdditionalSharesAuthorised" xlink:href="psny-20240630.xsd#psny_NumberOfAdditionalSharesAuthorised"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_NumberOfAdditionalSharesAuthorised" xlink:to="lab_psny_NumberOfAdditionalSharesAuthorised" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_MarketingConsultingServicesAgreementMember_093853c7-3070-4c7e-9097-75e1c734df26_terseLabel_en-US" xlink:label="lab_psny_MarketingConsultingServicesAgreementMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Marketing consulting services agreement</link:label>
    <link:label id="lab_psny_MarketingConsultingServicesAgreementMember_label_en-US" xlink:label="lab_psny_MarketingConsultingServicesAgreementMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Marketing Consulting Services Agreement [Member]</link:label>
    <link:label id="lab_psny_MarketingConsultingServicesAgreementMember_documentation_en-US" xlink:label="lab_psny_MarketingConsultingServicesAgreementMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Marketing Consulting Services Agreement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_MarketingConsultingServicesAgreementMember" xlink:href="psny-20240630.xsd#psny_MarketingConsultingServicesAgreementMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_MarketingConsultingServicesAgreementMember" xlink:to="lab_psny_MarketingConsultingServicesAgreementMember" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_MaximumMember_2f4cd0f7-46b7-49cc-bb31-a8402ec37102_terseLabel_en-US" xlink:label="lab_srt_MaximumMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum</link:label>
    <link:label id="lab_srt_MaximumMember_label_en-US" xlink:label="lab_srt_MaximumMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_MaximumMember" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_MaximumMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_MaximumMember" xlink:to="lab_srt_MaximumMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_BinomialLatticeOptionPricingModelMember_b0f57ace-7e37-475e-bab8-48e32e65a3b1_terseLabel_en-US" xlink:label="lab_psny_BinomialLatticeOptionPricingModelMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Binomial Lattice Option Pricing Model</link:label>
    <link:label id="lab_psny_BinomialLatticeOptionPricingModelMember_label_en-US" xlink:label="lab_psny_BinomialLatticeOptionPricingModelMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Binomial Lattice Option Pricing Model [Member]</link:label>
    <link:label id="lab_psny_BinomialLatticeOptionPricingModelMember_documentation_en-US" xlink:label="lab_psny_BinomialLatticeOptionPricingModelMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Binomial Lattice Option Pricing Model</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_BinomialLatticeOptionPricingModelMember" xlink:href="psny-20240630.xsd#psny_BinomialLatticeOptionPricingModelMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_BinomialLatticeOptionPricingModelMember" xlink:to="lab_psny_BinomialLatticeOptionPricingModelMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable_1870cc85-93e3-4c25-b94a-381d341958ec_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:to="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RelatedPartiesMember_00b4178e-8453-4e83-a23c-14a0968b3bf9_terseLabel_en-US" xlink:label="lab_ifrs-full_RelatedPartiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total for all related parties</link:label>
    <link:label id="lab_ifrs-full_RelatedPartiesMember_label_en-US" xlink:label="lab_ifrs-full_RelatedPartiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total for all related parties [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RelatedPartiesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_RelatedPartiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RelatedPartiesMember" xlink:to="lab_ifrs-full_RelatedPartiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_GainsLossesOnChangeInFairValueOfSharesIssued_095e7392-f775-497b-86c2-7fc0ac1e1c7a_negatedTerseLabel_en-US" xlink:label="lab_psny_GainsLossesOnChangeInFairValueOfSharesIssued" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Changes in fair value measurement</link:label>
    <link:label id="lab_psny_GainsLossesOnChangeInFairValueOfSharesIssued_label_en-US" xlink:label="lab_psny_GainsLossesOnChangeInFairValueOfSharesIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (Losses) On Change In Fair Value Of Shares Issued</link:label>
    <link:label id="lab_psny_GainsLossesOnChangeInFairValueOfSharesIssued_documentation_en-US" xlink:label="lab_psny_GainsLossesOnChangeInFairValueOfSharesIssued" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gains (Losses) On Change In Fair Value Of Shares Issued</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_GainsLossesOnChangeInFairValueOfSharesIssued" xlink:href="psny-20240630.xsd#psny_GainsLossesOnChangeInFairValueOfSharesIssued"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_GainsLossesOnChangeInFairValueOfSharesIssued" xlink:to="lab_psny_GainsLossesOnChangeInFairValueOfSharesIssued" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_DeferredRevenueExtendedServiceMember_cb3098aa-a2bc-41a9-b0f8-b6424a91b6ed_terseLabel_en-US" xlink:label="lab_psny_DeferredRevenueExtendedServiceMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred revenue - extended service</link:label>
    <link:label id="lab_psny_DeferredRevenueExtendedServiceMember_label_en-US" xlink:label="lab_psny_DeferredRevenueExtendedServiceMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Revenue, Extended Service [Member]</link:label>
    <link:label id="lab_psny_DeferredRevenueExtendedServiceMember_documentation_en-US" xlink:label="lab_psny_DeferredRevenueExtendedServiceMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Revenue, Extended Service</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_DeferredRevenueExtendedServiceMember" xlink:href="psny-20240630.xsd#psny_DeferredRevenueExtendedServiceMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_DeferredRevenueExtendedServiceMember" xlink:to="lab_psny_DeferredRevenueExtendedServiceMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_AccruedIncomeDueFromRelatedPartiesMember_ce79f2ad-a983-4832-b1fb-56275d068bcc_terseLabel_en-US" xlink:label="lab_psny_AccruedIncomeDueFromRelatedPartiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued income - related parties</link:label>
    <link:label id="lab_psny_AccruedIncomeDueFromRelatedPartiesMember_label_en-US" xlink:label="lab_psny_AccruedIncomeDueFromRelatedPartiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accrued Income Due From Related Parties [Member]</link:label>
    <link:label id="lab_psny_AccruedIncomeDueFromRelatedPartiesMember_documentation_en-US" xlink:label="lab_psny_AccruedIncomeDueFromRelatedPartiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accrued Income Due From Related Parties</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_AccruedIncomeDueFromRelatedPartiesMember" xlink:href="psny-20240630.xsd#psny_AccruedIncomeDueFromRelatedPartiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_AccruedIncomeDueFromRelatedPartiesMember" xlink:to="lab_psny_AccruedIncomeDueFromRelatedPartiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_DepreciationLeaseLiabilities_ce44efb4-3745-4875-9183-786d67726dee_negatedTerseLabel_en-US" xlink:label="lab_psny_DepreciationLeaseLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Depreciation expense</link:label>
    <link:label id="lab_psny_DepreciationLeaseLiabilities_label_en-US" xlink:label="lab_psny_DepreciationLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation, Lease Liabilities</link:label>
    <link:label id="lab_psny_DepreciationLeaseLiabilities_documentation_en-US" xlink:label="lab_psny_DepreciationLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Depreciation, Lease Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_DepreciationLeaseLiabilities" xlink:href="psny-20240630.xsd#psny_DepreciationLeaseLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_DepreciationLeaseLiabilities" xlink:to="lab_psny_DepreciationLeaseLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_ContractualCommitmentsForAcquisitionBetweenOneToFiveYears_02715f1b-1444-4fe3-ab8a-b43dbb7aa76c_terseLabel_en-US" xlink:label="lab_psny_ContractualCommitmentsForAcquisitionBetweenOneToFiveYears" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Between 1-5 years</link:label>
    <link:label id="lab_psny_ContractualCommitmentsForAcquisitionBetweenOneToFiveYears_label_en-US" xlink:label="lab_psny_ContractualCommitmentsForAcquisitionBetweenOneToFiveYears" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contractual Commitments For Acquisition Between One To Five Years</link:label>
    <link:label id="lab_psny_ContractualCommitmentsForAcquisitionBetweenOneToFiveYears_documentation_en-US" xlink:label="lab_psny_ContractualCommitmentsForAcquisitionBetweenOneToFiveYears" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contractual Commitments For Acquisition Between One To Five Years</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ContractualCommitmentsForAcquisitionBetweenOneToFiveYears" xlink:href="psny-20240630.xsd#psny_ContractualCommitmentsForAcquisitionBetweenOneToFiveYears"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_ContractualCommitmentsForAcquisitionBetweenOneToFiveYears" xlink:to="lab_psny_ContractualCommitmentsForAcquisitionBetweenOneToFiveYears" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherEquityInterestMember_7c136900-75d9-41e4-9398-1d86274bff32_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherEquityInterestMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other contributed capital</link:label>
    <link:label id="lab_ifrs-full_OtherEquityInterestMember_label_en-US" xlink:label="lab_ifrs-full_OtherEquityInterestMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other equity interest [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherEquityInterestMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherEquityInterestMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherEquityInterestMember" xlink:to="lab_ifrs-full_OtherEquityInterestMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_CurrentFiscalYearEndDate_9a2f077c-cd24-4fda-9cfd-6cea6fdb4a77_terseLabel_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:label id="lab_dei_CurrentFiscalYearEndDate_label_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CurrentFiscalYearEndDate" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CurrentFiscalYearEndDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CurrentFiscalYearEndDate" xlink:to="lab_dei_CurrentFiscalYearEndDate" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForIncomeTaxExpense_08c6ab35-e906-4f66-811f-60172d96b72f_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForIncomeTaxExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income tax expense</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForIncomeTaxExpense_6811274b-7a83-42ea-a8ab-e80b4b1b7caa_verboseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForIncomeTaxExpense" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other provisions</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForIncomeTaxExpense_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForIncomeTaxExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for income tax expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForIncomeTaxExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForIncomeTaxExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForIncomeTaxExpense" xlink:to="lab_ifrs-full_AdjustmentsForIncomeTaxExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_RangeAxis_5bca68e5-fcb4-4182-b142-f5af08d4a466_terseLabel_en-US" xlink:label="lab_srt_RangeAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statistical Measurement [Axis]</link:label>
    <link:label id="lab_srt_RangeAxis_label_en-US" xlink:label="lab_srt_RangeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statistical Measurement [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_RangeAxis" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_RangeAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_RangeAxis" xlink:to="lab_srt_RangeAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_a7bd8319-bc95-4bf7-b6ea-4c2764c760df_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effect of foreign currency exchange rate differences</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through net exchange differences, intangible assets and goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_e3a23051-9928-48ed-917a-322f9bd7723e_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Additions to intangible assets</link:label>
    <link:label id="lab_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_23cac396-f753-49cd-83db-99f9fb416609_terseLabel_en-US" xlink:label="lab_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions to intangible assets</link:label>
    <link:label id="lab_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_2135efeb-a9a1-4890-be74-d3240df4042e_negatedLabel_en-US" xlink:label="lab_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Principal repayments of short-term borrowings</link:label>
    <link:label id="lab_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase of intangible assets, classified as investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:to="lab_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfOrdinarySharesDomain_c1cc4cf9-4a60-4193-943b-0ef941a5b301_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfOrdinarySharesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ordinary shares</link:label>
    <link:label id="lab_ifrs-full_ClassesOfOrdinarySharesDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfOrdinarySharesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of ordinary shares [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfOrdinarySharesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ClassesOfOrdinarySharesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfOrdinarySharesDomain" xlink:to="lab_ifrs-full_ClassesOfOrdinarySharesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable_a7210912-46df-46c7-8a9f-0fb1dde8539b_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:to="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_AdjustedNetLiabilities_ea097d2f-876e-4bfb-a409-5e51ba4cd076_terseLabel_en-US" xlink:label="lab_psny_AdjustedNetLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjusted Net liabilities</link:label>
    <link:label id="lab_psny_AdjustedNetLiabilities_label_en-US" xlink:label="lab_psny_AdjustedNetLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjusted Net liabilities</link:label>
    <link:label id="lab_psny_AdjustedNetLiabilities_documentation_en-US" xlink:label="lab_psny_AdjustedNetLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjusted Net liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_AdjustedNetLiabilities" xlink:href="psny-20240630.xsd#psny_AdjustedNetLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_AdjustedNetLiabilities" xlink:to="lab_psny_AdjustedNetLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfLiabilitiesAxis_614cd251-2e7c-45ed-adfc-9e7bdc005365_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of liabilities [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfLiabilitiesAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of liabilities [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfLiabilitiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ClassesOfLiabilitiesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfLiabilitiesAxis" xlink:to="lab_ifrs-full_ClassesOfLiabilitiesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinanceIncome_740a2952-f2f4-46d2-8165-f62806b8418a_terseLabel_en-US" xlink:label="lab_ifrs-full_FinanceIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Finance income</link:label>
    <link:label id="lab_ifrs-full_FinanceIncome_e650920f-063d-4cb5-8cfe-37e39a0ca76d_verboseLabel_en-US" xlink:label="lab_ifrs-full_FinanceIncome" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Finance expense</link:label>
    <link:label id="lab_ifrs-full_FinanceIncome_label_en-US" xlink:label="lab_ifrs-full_FinanceIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finance income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinanceIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_FinanceIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinanceIncome" xlink:to="lab_ifrs-full_FinanceIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_A3MonthEuroInterbankOfferedRate2.3Member_84b2e598-6411-4d83-9bd4-7c6757bd1992_terseLabel_en-US" xlink:label="lab_psny_A3MonthEuroInterbankOfferedRate2.3Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">3 Month Euro Interbank Offered Rate</link:label>
    <link:label id="lab_psny_A3MonthEuroInterbankOfferedRate2.3Member_label_en-US" xlink:label="lab_psny_A3MonthEuroInterbankOfferedRate2.3Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">3 Month Euro Interbank Offered Rate 2.3% [Member]</link:label>
    <link:label id="lab_psny_A3MonthEuroInterbankOfferedRate2.3Member_documentation_en-US" xlink:label="lab_psny_A3MonthEuroInterbankOfferedRate2.3Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">3 Month Euro Interbank Offered Rate 2.3%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_A3MonthEuroInterbankOfferedRate2.3Member" xlink:href="psny-20240630.xsd#psny_A3MonthEuroInterbankOfferedRate2.3Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_A3MonthEuroInterbankOfferedRate2.3Member" xlink:to="lab_psny_A3MonthEuroInterbankOfferedRate2.3Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems_3db300f5-7329-48e4-9112-9f378e0167a8_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about borrowings [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about borrowings [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfVoluntaryChangeInAccountingPolicyTable_b038cc35-4773-4b4a-8cab-c4820e497d9b_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfVoluntaryChangeInAccountingPolicyTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of voluntary change in accounting policy [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfVoluntaryChangeInAccountingPolicyTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfVoluntaryChangeInAccountingPolicyTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of voluntary change in accounting policy [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfVoluntaryChangeInAccountingPolicyTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfVoluntaryChangeInAccountingPolicyTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfVoluntaryChangeInAccountingPolicyTable" xlink:to="lab_ifrs-full_DisclosureOfVoluntaryChangeInAccountingPolicyTable" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_EarnoutPaymentTerm_91191f26-1ce2-4ade-8df7-b6a4ff9c9993_terseLabel_en-US" xlink:label="lab_psny_EarnoutPaymentTerm" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earnout payment term</link:label>
    <link:label id="lab_psny_EarnoutPaymentTerm_label_en-US" xlink:label="lab_psny_EarnoutPaymentTerm" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnout Payment Term</link:label>
    <link:label id="lab_psny_EarnoutPaymentTerm_documentation_en-US" xlink:label="lab_psny_EarnoutPaymentTerm" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Earnout Payment Term</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_EarnoutPaymentTerm" xlink:href="psny-20240630.xsd#psny_EarnoutPaymentTerm"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_EarnoutPaymentTerm" xlink:to="lab_psny_EarnoutPaymentTerm" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_RestatementAxis_e0999143-074f-4813-9ec7-de291f3e12e8_terseLabel_en-US" xlink:label="lab_srt_RestatementAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revision of Prior Period [Axis]</link:label>
    <link:label id="lab_srt_RestatementAxis_label_en-US" xlink:label="lab_srt_RestatementAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revision of Prior Period [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_RestatementAxis" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_RestatementAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_RestatementAxis" xlink:to="lab_srt_RestatementAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_NumberOfVotesPerShare_72c611ef-127e-4085-bd84-f0afd458c8a5_terseLabel_en-US" xlink:label="lab_psny_NumberOfVotesPerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of votes per share</link:label>
    <link:label id="lab_psny_NumberOfVotesPerShare_label_en-US" xlink:label="lab_psny_NumberOfVotesPerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Votes Per Share</link:label>
    <link:label id="lab_psny_NumberOfVotesPerShare_documentation_en-US" xlink:label="lab_psny_NumberOfVotesPerShare" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Votes Per Share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_NumberOfVotesPerShare" xlink:href="psny-20240630.xsd#psny_NumberOfVotesPerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_NumberOfVotesPerShare" xlink:to="lab_psny_NumberOfVotesPerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GoodwillMember_a7c75cec-d011-43e9-9a95-b226a700cfe2_terseLabel_en-US" xlink:label="lab_ifrs-full_GoodwillMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill</link:label>
    <link:label id="lab_ifrs-full_GoodwillMember_label_en-US" xlink:label="lab_ifrs-full_GoodwillMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GoodwillMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_GoodwillMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GoodwillMember" xlink:to="lab_ifrs-full_GoodwillMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherNoncurrentAssets_999640a0-4ffa-46c7-a1f0-c884be25a652_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other non-current assets</link:label>
    <link:label id="lab_ifrs-full_OtherNoncurrentAssets_56ac7d45-8a67-4eb7-ad59-2f79df70947e_verboseLabel_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other non-current assets</link:label>
    <link:label id="lab_ifrs-full_OtherNoncurrentAssets_label_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other non-current assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherNoncurrentAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherNoncurrentAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherNoncurrentAssets" xlink:to="lab_ifrs-full_OtherNoncurrentAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfFinancialInstrumentsDomain_cf7559c0-3651-4ac7-bc05-85a871e36856_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialInstrumentsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of financial instruments</link:label>
    <link:label id="lab_ifrs-full_ClassesOfFinancialInstrumentsDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialInstrumentsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of financial instruments [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfFinancialInstrumentsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ClassesOfFinancialInstrumentsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialInstrumentsDomain" xlink:to="lab_ifrs-full_ClassesOfFinancialInstrumentsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_FairValueMeasurementInputImpliedVolatility_11f2eb4b-3f13-479b-8726-0305800df999_terseLabel_en-US" xlink:label="lab_psny_FairValueMeasurementInputImpliedVolatility" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value measurement input implied volatility</link:label>
    <link:label id="lab_psny_FairValueMeasurementInputImpliedVolatility_label_en-US" xlink:label="lab_psny_FairValueMeasurementInputImpliedVolatility" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Measurement Input Implied Volatility</link:label>
    <link:label id="lab_psny_FairValueMeasurementInputImpliedVolatility_documentation_en-US" xlink:label="lab_psny_FairValueMeasurementInputImpliedVolatility" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fair Value Measurement Input Implied Volatility</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_FairValueMeasurementInputImpliedVolatility" xlink:href="psny-20240630.xsd#psny_FairValueMeasurementInputImpliedVolatility"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_FairValueMeasurementInputImpliedVolatility" xlink:to="lab_psny_FairValueMeasurementInputImpliedVolatility" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BusinessCombinationsAxis_1467f41d-6ff6-488e-a585-c8bc29fc6c53_terseLabel_en-US" xlink:label="lab_ifrs-full_BusinessCombinationsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business combinations [axis]</link:label>
    <link:label id="lab_ifrs-full_BusinessCombinationsAxis_label_en-US" xlink:label="lab_ifrs-full_BusinessCombinationsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business combinations [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BusinessCombinationsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_BusinessCombinationsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BusinessCombinationsAxis" xlink:to="lab_ifrs-full_BusinessCombinationsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_DisclosureOfReverseRecapitalizationTextBlock_7ae6cf8e-9a98-4149-8ae5-71c1634e7590_terseLabel_en-US" xlink:label="lab_psny_DisclosureOfReverseRecapitalizationTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reverse recapitalization</link:label>
    <link:label id="lab_psny_DisclosureOfReverseRecapitalizationTextBlock_label_en-US" xlink:label="lab_psny_DisclosureOfReverseRecapitalizationTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Reverse Recapitalization [Text Block]</link:label>
    <link:label id="lab_psny_DisclosureOfReverseRecapitalizationTextBlock_documentation_en-US" xlink:label="lab_psny_DisclosureOfReverseRecapitalizationTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Reverse Recapitalization</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_DisclosureOfReverseRecapitalizationTextBlock" xlink:href="psny-20240630.xsd#psny_DisclosureOfReverseRecapitalizationTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_DisclosureOfReverseRecapitalizationTextBlock" xlink:to="lab_psny_DisclosureOfReverseRecapitalizationTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture_93a9b604-d67a-4e25-b5dc-31c7f05d8cbf_terseLabel_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proportion of ownership interest in joint venture</link:label>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture_label_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proportion of ownership interest in joint venture</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProportionOfOwnershipInterestInJointVenture"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:to="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_CarryingAmountOfGroupInvestment_cc9c9658-2deb-4c95-b23a-416e5741b6cb_terseLabel_en-US" xlink:label="lab_psny_CarryingAmountOfGroupInvestment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Carrying amount of the Group's investment in Polestar Times Technology</link:label>
    <link:label id="lab_psny_CarryingAmountOfGroupInvestment_label_en-US" xlink:label="lab_psny_CarryingAmountOfGroupInvestment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Carrying Amount Of Group Investment</link:label>
    <link:label id="lab_psny_CarryingAmountOfGroupInvestment_documentation_en-US" xlink:label="lab_psny_CarryingAmountOfGroupInvestment" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Carrying Amount Of Group Investment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_CarryingAmountOfGroupInvestment" xlink:href="psny-20240630.xsd#psny_CarryingAmountOfGroupInvestment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_CarryingAmountOfGroupInvestment" xlink:to="lab_psny_CarryingAmountOfGroupInvestment" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_RepurchaseAgreementCounterpartyNameDomain_97305a56-d7a7-4a1e-9ea4-77ce92888933_terseLabel_en-US" xlink:label="lab_srt_RepurchaseAgreementCounterpartyNameDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Counterparty Name [Domain]</link:label>
    <link:label id="lab_srt_RepurchaseAgreementCounterpartyNameDomain_label_en-US" xlink:label="lab_srt_RepurchaseAgreementCounterpartyNameDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Counterparty Name [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_RepurchaseAgreementCounterpartyNameDomain" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_RepurchaseAgreementCounterpartyNameDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_RepurchaseAgreementCounterpartyNameDomain" xlink:to="lab_srt_RepurchaseAgreementCounterpartyNameDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentTaxLiabilities_5bc142b0-d6c6-41b4-b1f9-08e38db56427_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_CurrentTaxLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Current tax liabilities</link:label>
    <link:label id="lab_ifrs-full_CurrentTaxLiabilities_b22a7a83-54bc-42b5-888c-c46630106460_negatedLabel_en-US" xlink:label="lab_ifrs-full_CurrentTaxLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Current tax liabilities</link:label>
    <link:label id="lab_ifrs-full_CurrentTaxLiabilities_label_en-US" xlink:label="lab_ifrs-full_CurrentTaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current tax liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentTaxLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentTaxLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentTaxLiabilities" xlink:to="lab_ifrs-full_CurrentTaxLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_OtherCurrentReceivablesMember_8e5981da-d0ae-4ed3-83a9-6f0928049520_terseLabel_en-US" xlink:label="lab_psny_OtherCurrentReceivablesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted cash</link:label>
    <link:label id="lab_psny_OtherCurrentReceivablesMember_label_en-US" xlink:label="lab_psny_OtherCurrentReceivablesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Current Receivables [Member]</link:label>
    <link:label id="lab_psny_OtherCurrentReceivablesMember_documentation_en-US" xlink:label="lab_psny_OtherCurrentReceivablesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Current Receivables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_OtherCurrentReceivablesMember" xlink:href="psny-20240630.xsd#psny_OtherCurrentReceivablesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_OtherCurrentReceivablesMember" xlink:to="lab_psny_OtherCurrentReceivablesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValue_abafdd96-0223-49be-a03d-e528e778a764_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets measured at FVTPL</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValue_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets, at fair value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsAtFairValue" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_FinancialAssetsAtFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAtFairValue" xlink:to="lab_ifrs-full_FinancialAssetsAtFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_country_CA_64b56a7f-edb5-4fa7-ac12-3871993d9c58_terseLabel_en-US" xlink:label="lab_country_CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Netherlands</link:label>
    <link:label id="lab_country_CA_label_en-US" xlink:label="lab_country_CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">CANADA</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_CA" xlink:href="https://xbrl.sec.gov/country/2024/country-2024.xsd#country_CA"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_CA" xlink:to="lab_country_CA" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IntangibleAssetsOtherThanGoodwill_65b1b338-3c54-47d9-ad42-c83e2d17acb6_terseLabel_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intangible assets</link:label>
    <link:label id="lab_ifrs-full_IntangibleAssetsOtherThanGoodwill_0365e231-e03c-4b65-98c3-a6301bc08160_periodStartLabel_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Intangible assets other than goodwill, beginning balance</link:label>
    <link:label id="lab_ifrs-full_IntangibleAssetsOtherThanGoodwill_a81a3a2a-1aee-4938-9f38-bd1eed177de9_periodEndLabel_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Intangible assets other than goodwill, ending balance</link:label>
    <link:label id="lab_ifrs-full_IntangibleAssetsOtherThanGoodwill_label_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intangible assets other than goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:to="lab_ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CorporateInformationAndStatementOfIFRSComplianceAbstract_label_en-US" xlink:label="lab_ifrs-full_CorporateInformationAndStatementOfIFRSComplianceAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate information and statement of IFRS compliance [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CorporateInformationAndStatementOfIFRSComplianceAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CorporateInformationAndStatementOfIFRSComplianceAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CorporateInformationAndStatementOfIFRSComplianceAbstract" xlink:to="lab_ifrs-full_CorporateInformationAndStatementOfIFRSComplianceAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CarryingAmountMember_f0fc28b7-6f4a-4318-a838-3dd774c624aa_terseLabel_en-US" xlink:label="lab_ifrs-full_CarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Carrying amount</link:label>
    <link:label id="lab_ifrs-full_CarryingAmountMember_label_en-US" xlink:label="lab_ifrs-full_CarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Carrying amount [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CarryingAmountMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CarryingAmountMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CarryingAmountMember" xlink:to="lab_ifrs-full_CarryingAmountMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_UnrecognizedLossesInPolestarTechnologyCarryingAmount_1a898133-acf9-4b28-a445-ef0908ca5d1a_terseLabel_en-US" xlink:label="lab_psny_UnrecognizedLossesInPolestarTechnologyCarryingAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unrecognized losses in Polestar Times Technology</link:label>
    <link:label id="lab_psny_UnrecognizedLossesInPolestarTechnologyCarryingAmount_label_en-US" xlink:label="lab_psny_UnrecognizedLossesInPolestarTechnologyCarryingAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrecognized losses in Polestar Technology, Carrying Amount</link:label>
    <link:label id="lab_psny_UnrecognizedLossesInPolestarTechnologyCarryingAmount_documentation_en-US" xlink:label="lab_psny_UnrecognizedLossesInPolestarTechnologyCarryingAmount" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unrecognized losses in Polestar Technology, Carrying Amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_UnrecognizedLossesInPolestarTechnologyCarryingAmount" xlink:href="psny-20240630.xsd#psny_UnrecognizedLossesInPolestarTechnologyCarryingAmount"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_UnrecognizedLossesInPolestarTechnologyCarryingAmount" xlink:to="lab_psny_UnrecognizedLossesInPolestarTechnologyCarryingAmount" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_InterestBearingCurrentFinancialLiabilities_a2ac3a2a-d333-4767-86a3-a5e86ef0825b_negatedTerseLabel_en-US" xlink:label="lab_psny_InterestBearingCurrentFinancialLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Interest-bearing current liabilities</link:label>
    <link:label id="lab_psny_InterestBearingCurrentFinancialLiabilities_af18efc9-b43f-4021-869c-b14ea4d40518_negatedLabel_en-US" xlink:label="lab_psny_InterestBearingCurrentFinancialLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Interest-bearing current liabilities</link:label>
    <link:label id="lab_psny_InterestBearingCurrentFinancialLiabilities_label_en-US" xlink:label="lab_psny_InterestBearingCurrentFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest-Bearing Current Financial Liabilities</link:label>
    <link:label id="lab_psny_InterestBearingCurrentFinancialLiabilities_documentation_en-US" xlink:label="lab_psny_InterestBearingCurrentFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest-Bearing Current Financial Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_InterestBearingCurrentFinancialLiabilities" xlink:href="psny-20240630.xsd#psny_InterestBearingCurrentFinancialLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_InterestBearingCurrentFinancialLiabilities" xlink:to="lab_psny_InterestBearingCurrentFinancialLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_MajorCustomersAxis_fce42269-5338-4d77-b6c4-7d490b1a7f44_terseLabel_en-US" xlink:label="lab_srt_MajorCustomersAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Customer [Axis]</link:label>
    <link:label id="lab_srt_MajorCustomersAxis_label_en-US" xlink:label="lab_srt_MajorCustomersAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Customer [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_MajorCustomersAxis" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_MajorCustomersAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_MajorCustomersAxis" xlink:to="lab_srt_MajorCustomersAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_SharesLiability_de76bd2d-34ea-4453-9a2c-8b3a0ffc4be1_negatedTerseLabel_en-US" xlink:label="lab_psny_SharesLiability" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Class C Shares liability</link:label>
    <link:label id="lab_psny_SharesLiability_49daa316-b9a5-43cd-b6ad-2c722396a214_negatedLabel_en-US" xlink:label="lab_psny_SharesLiability" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Class C Shares liability</link:label>
    <link:label id="lab_psny_SharesLiability_label_en-US" xlink:label="lab_psny_SharesLiability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Shares Liability</link:label>
    <link:label id="lab_psny_SharesLiability_documentation_en-US" xlink:label="lab_psny_SharesLiability" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Shares Liability</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_SharesLiability" xlink:href="psny-20240630.xsd#psny_SharesLiability"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_SharesLiability" xlink:to="lab_psny_SharesLiability" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfFinancialAssetsAxis_d559821c-1621-45b3-a9cf-b2c2509665aa_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of financial assets [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfFinancialAssetsAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of financial assets [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfFinancialAssetsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ClassesOfFinancialAssetsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialAssetsAxis" xlink:to="lab_ifrs-full_ClassesOfFinancialAssetsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_country_CH_eca1647e-a4cb-4ae7-8f2d-02904058a008_terseLabel_en-US" xlink:label="lab_country_CH" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Switzerland</link:label>
    <link:label id="lab_country_CH_label_en-US" xlink:label="lab_country_CH" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">SWITZERLAND</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_CH" xlink:href="https://xbrl.sec.gov/country/2024/country-2024.xsd#country_CH"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_CH" xlink:to="lab_country_CH" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialLiabilitiesDomain_90849fe7-cb5a-4f05-a114-5433ddc1448a_terseLabel_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Categories of financial liabilities</link:label>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialLiabilitiesDomain_label_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Categories of financial liabilities [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CategoriesOfFinancialLiabilitiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CategoriesOfFinancialLiabilitiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfFinancialLiabilitiesDomain" xlink:to="lab_ifrs-full_CategoriesOfFinancialLiabilitiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GrossProfit_30a3e1d5-13c7-4a23-93f2-4188b40f2099_totalLabel_en-US" xlink:label="lab_ifrs-full_GrossProfit" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Gross profit/(loss)</link:label>
    <link:label id="lab_ifrs-full_GrossProfit_label_en-US" xlink:label="lab_ifrs-full_GrossProfit" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gross profit</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GrossProfit" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_GrossProfit"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GrossProfit" xlink:to="lab_ifrs-full_GrossProfit" xlink:type="arc" order="1"/>
    <link:label id="lab_country_CN_fe244d6e-cbfa-4938-b3ea-3848ecfcfe89_terseLabel_en-US" xlink:label="lab_country_CN" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">China</link:label>
    <link:label id="lab_country_CN_label_en-US" xlink:label="lab_country_CN" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">CHINA</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_CN" xlink:href="https://xbrl.sec.gov/country/2024/country-2024.xsd#country_CN"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_CN" xlink:to="lab_country_CN" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of classes of share capital [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfClassesOfShareCapitalAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfClassesOfShareCapitalAbstract" xlink:to="lab_ifrs-full_DisclosureOfClassesOfShareCapitalAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfShareCapitalAxis_e2860aa1-1a86-4a72-a9f6-472a2f615e01_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfShareCapitalAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of share capital [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfShareCapitalAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfShareCapitalAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of share capital [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfShareCapitalAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ClassesOfShareCapitalAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfShareCapitalAxis" xlink:to="lab_ifrs-full_ClassesOfShareCapitalAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_7bf32f31-b2c9-4829-a44b-41f2f8710314_terseLabel_en-US" xlink:label="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions</link:label>
    <link:label id="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_label_en-US" xlink:label="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additions other than through business combinations, intangible assets other than goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:to="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_ReverseRecapitalizationLineItems_3c19ca0c-8143-4bb0-84cc-90863e889452_terseLabel_en-US" xlink:label="lab_psny_ReverseRecapitalizationLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reverse Recapitalization [Line Items]</link:label>
    <link:label id="lab_psny_ReverseRecapitalizationLineItems_label_en-US" xlink:label="lab_psny_ReverseRecapitalizationLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reverse Recapitalization [Line Items]</link:label>
    <link:label id="lab_psny_ReverseRecapitalizationLineItems_documentation_en-US" xlink:label="lab_psny_ReverseRecapitalizationLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reverse Recapitalization</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ReverseRecapitalizationLineItems" xlink:href="psny-20240630.xsd#psny_ReverseRecapitalizationLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_ReverseRecapitalizationLineItems" xlink:to="lab_psny_ReverseRecapitalizationLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_e539f802-c9de-4c50-b604-afa0e9178bb7_terseLabel_en-US" xlink:label="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amount [axis]</link:label>
    <link:label id="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_label_en-US" xlink:label="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amount [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_PolestarAutomotiveHoldingUKPLCParentMember_2d8be266-dcd3-4a3e-9efb-c112785746de_terseLabel_en-US" xlink:label="lab_psny_PolestarAutomotiveHoldingUKPLCParentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Polestar Automotive Holding UK PLC ("Parent")</link:label>
    <link:label id="lab_psny_PolestarAutomotiveHoldingUKPLCParentMember_label_en-US" xlink:label="lab_psny_PolestarAutomotiveHoldingUKPLCParentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Polestar Automotive Holding UK PLC ("Parent") [Member]</link:label>
    <link:label id="lab_psny_PolestarAutomotiveHoldingUKPLCParentMember_documentation_en-US" xlink:label="lab_psny_PolestarAutomotiveHoldingUKPLCParentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Polestar Automotive Holding UK PLC ("Parent")</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_PolestarAutomotiveHoldingUKPLCParentMember" xlink:href="psny-20240630.xsd#psny_PolestarAutomotiveHoldingUKPLCParentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_PolestarAutomotiveHoldingUKPLCParentMember" xlink:to="lab_psny_PolestarAutomotiveHoldingUKPLCParentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalentsFinancingActivities_f27df31f-d2d4-4be7-ae25-0615d8acd77e_terseLabel_en-US" xlink:label="lab_psny_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalentsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in restricted deposits</link:label>
    <link:label id="lab_psny_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalentsFinancingActivities_label_en-US" xlink:label="lab_psny_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalentsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Flows From (Used In) Decrease (Increase) In Restricted Cash And Cash Equivalents, Financing Activities</link:label>
    <link:label id="lab_psny_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalentsFinancingActivities_documentation_en-US" xlink:label="lab_psny_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalentsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cash Flows From (Used In) Decrease (Increase) In Restricted Cash And Cash Equivalents, Financing Activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalentsFinancingActivities" xlink:href="psny-20240630.xsd#psny_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalentsFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalentsFinancingActivities" xlink:to="lab_psny_CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalentsFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentLiabilitiesAbstract_89f4be14-3cf6-4bee-b6d0-09033f36ec1e_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current liabilities</link:label>
    <link:label id="lab_ifrs-full_NoncurrentLiabilitiesAbstract_98aa39ea-c081-4e6b-8a05-d9b665b9849f_verboseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Non-current liabilities</link:label>
    <link:label id="lab_ifrs-full_NoncurrentLiabilitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_NoncurrentLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current liabilities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentLiabilitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NoncurrentLiabilitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentLiabilitiesAbstract" xlink:to="lab_ifrs-full_NoncurrentLiabilitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_country_AU_3314f21c-ab7e-400b-9415-f94549496d32_terseLabel_en-US" xlink:label="lab_country_AU" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Australia</link:label>
    <link:label id="lab_country_AU_label_en-US" xlink:label="lab_country_AU" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">AUSTRALIA</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_AU" xlink:href="https://xbrl.sec.gov/country/2024/country-2024.xsd#country_AU"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_AU" xlink:to="lab_country_AU" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SubclassificationsOfAssetsLiabilitiesAndEquitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_SubclassificationsOfAssetsLiabilitiesAndEquitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subclassifications of assets, liabilities and equities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SubclassificationsOfAssetsLiabilitiesAndEquitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_SubclassificationsOfAssetsLiabilitiesAndEquitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SubclassificationsOfAssetsLiabilitiesAndEquitiesAbstract" xlink:to="lab_ifrs-full_SubclassificationsOfAssetsLiabilitiesAndEquitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssets_e5d9e7a1-899d-43a5-b6ce-58d96391995b_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets</link:label>
    <link:label id="lab_ifrs-full_FinancialAssets_label_en-US" xlink:label="lab_ifrs-full_FinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_FinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssets" xlink:to="lab_ifrs-full_FinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LevelsOfFairValueHierarchyAxis_2e77b8d1-0e80-4a62-9ea3-6edcc9d8d96d_terseLabel_en-US" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Levels of fair value hierarchy [axis]</link:label>
    <link:label id="lab_ifrs-full_LevelsOfFairValueHierarchyAxis_label_en-US" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Levels of fair value hierarchy [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_LevelsOfFairValueHierarchyAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:to="lab_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfGeographicalAreasLineItems_5d36c455-8041-45b3-b49a-204e4c059dc7_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeographicalAreasLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of geographical areas [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfGeographicalAreasLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeographicalAreasLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of geographical areas [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfGeographicalAreasLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfGeographicalAreasLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfGeographicalAreasLineItems" xlink:to="lab_ifrs-full_DisclosureOfGeographicalAreasLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfLeasesExplanatory_dff33b34-c103-4b19-9788-dcc73568167e_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfLeasesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Leases</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfLeasesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfLeasesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of leases [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfLeasesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfLeasesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfLeasesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfLeasesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain_8ee82922-564d-4c8b-b890-6b0120679665_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment</link:label>
    <link:label id="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of property, plant and equipment [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain" xlink:to="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AmountsReceivableRelatedPartyTransactions_61a391fc-cd49-4834-8df6-3ad31f4140a7_terseLabel_en-US" xlink:label="lab_ifrs-full_AmountsReceivableRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trade receivables - related parties, accrued income - related parties, and other current assets - related parties</link:label>
    <link:label id="lab_ifrs-full_AmountsReceivableRelatedPartyTransactions_label_en-US" xlink:label="lab_ifrs-full_AmountsReceivableRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amounts receivable, related party transactions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AmountsReceivableRelatedPartyTransactions" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AmountsReceivableRelatedPartyTransactions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AmountsReceivableRelatedPartyTransactions" xlink:to="lab_ifrs-full_AmountsReceivableRelatedPartyTransactions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentLiabilitiesAbstract_ee27e668-dae6-462e-81b0-f39439e45697_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current liabilities</link:label>
    <link:label id="lab_ifrs-full_CurrentLiabilitiesAbstract_3d6f62f3-0647-45a2-9bb9-004c24aef290_verboseLabel_en-US" xlink:label="lab_ifrs-full_CurrentLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Current liabilities</link:label>
    <link:label id="lab_ifrs-full_CurrentLiabilitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_CurrentLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current liabilities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentLiabilitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentLiabilitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentLiabilitiesAbstract" xlink:to="lab_ifrs-full_CurrentLiabilitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_GeographicAreasAbstract_label_en-US" xlink:label="lab_psny_GeographicAreasAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographic Areas [Abstract]</link:label>
    <link:label id="lab_psny_GeographicAreasAbstract_documentation_en-US" xlink:label="lab_psny_GeographicAreasAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Geographic Areas [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_GeographicAreasAbstract" xlink:href="psny-20240630.xsd#psny_GeographicAreasAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_GeographicAreasAbstract" xlink:to="lab_psny_GeographicAreasAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_AdditionalUnrecognizedLossesInPolestarTechnology_ae5222ca-5220-4b07-8658-bf2ad36f195b_negatedLabel_en-US" xlink:label="lab_psny_AdditionalUnrecognizedLossesInPolestarTechnology" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Unrecognized share of losses in Polestar Times Technology</link:label>
    <link:label id="lab_psny_AdditionalUnrecognizedLossesInPolestarTechnology_label_en-US" xlink:label="lab_psny_AdditionalUnrecognizedLossesInPolestarTechnology" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional Unrecognized Losses in Polestar Technology</link:label>
    <link:label id="lab_psny_AdditionalUnrecognizedLossesInPolestarTechnology_documentation_en-US" xlink:label="lab_psny_AdditionalUnrecognizedLossesInPolestarTechnology" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Additional Unrecognized Losses in Polestar Technology</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_AdditionalUnrecognizedLossesInPolestarTechnology" xlink:href="psny-20240630.xsd#psny_AdditionalUnrecognizedLossesInPolestarTechnology"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_AdditionalUnrecognizedLossesInPolestarTechnology" xlink:to="lab_psny_AdditionalUnrecognizedLossesInPolestarTechnology" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipmentAbstract_label_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, plant and equipment [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PropertyPlantAndEquipmentAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:to="lab_ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IssuedCapital_9607b019-5f78-4bec-bed3-84cc54509742_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_IssuedCapital" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Share capital</link:label>
    <link:label id="lab_ifrs-full_IssuedCapital_da371287-b264-4530-b8ba-18c39da1c17c_terseLabel_en-US" xlink:label="lab_ifrs-full_IssuedCapital" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share capital</link:label>
    <link:label id="lab_ifrs-full_IssuedCapital_c9eaf228-ed73-4921-8503-ae32a239e90e_negatedLabel_en-US" xlink:label="lab_ifrs-full_IssuedCapital" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Share capital</link:label>
    <link:label id="lab_ifrs-full_IssuedCapital_label_en-US" xlink:label="lab_ifrs-full_IssuedCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Issued capital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IssuedCapital" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IssuedCapital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IssuedCapital" xlink:to="lab_ifrs-full_IssuedCapital" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems_1a6f6470-b49d-4bf8-93c1-1504d250fa2d_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of initial application of standards or interpretations [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of initial application of standards or interpretations [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="lab_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_ReverseRecapitalizationTable_ede9f4f0-fd18-404a-8665-e92a877a721e_terseLabel_en-US" xlink:label="lab_psny_ReverseRecapitalizationTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reverse Recapitalization [Table]</link:label>
    <link:label id="lab_psny_ReverseRecapitalizationTable_label_en-US" xlink:label="lab_psny_ReverseRecapitalizationTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reverse Recapitalization [Table]</link:label>
    <link:label id="lab_psny_ReverseRecapitalizationTable_documentation_en-US" xlink:label="lab_psny_ReverseRecapitalizationTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reverse Recapitalization</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ReverseRecapitalizationTable" xlink:href="psny-20240630.xsd#psny_ReverseRecapitalizationTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_ReverseRecapitalizationTable" xlink:to="lab_psny_ReverseRecapitalizationTable" xlink:type="arc" order="1"/>
    <link:label id="lab_country_BE_b5762b55-a68a-43aa-be78-a3224792ab55_terseLabel_en-US" xlink:label="lab_country_BE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Belgium</link:label>
    <link:label id="lab_country_BE_label_en-US" xlink:label="lab_country_BE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">BELGIUM</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_BE" xlink:href="https://xbrl.sec.gov/country/2024/country-2024.xsd#country_BE"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_BE" xlink:to="lab_country_BE" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfIFRSCompliance_2985f534-be84-4dd5-a826-de65be549fef_terseLabel_en-US" xlink:label="lab_ifrs-full_StatementOfIFRSCompliance" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Overview and basis of presentation</link:label>
    <link:label id="lab_ifrs-full_StatementOfIFRSCompliance_label_en-US" xlink:label="lab_ifrs-full_StatementOfIFRSCompliance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of IFRS compliance [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfIFRSCompliance" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_StatementOfIFRSCompliance"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfIFRSCompliance" xlink:to="lab_ifrs-full_StatementOfIFRSCompliance" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CarryingAmountOfNoncurrentLiabilitiesWithCovenants_08572408-4cfc-4463-930f-6897acaa4836_terseLabel_en-US" xlink:label="lab_ifrs-full_CarryingAmountOfNoncurrentLiabilitiesWithCovenants" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Carrying amount of non-current liabilities with covenants</link:label>
    <link:label id="lab_ifrs-full_CarryingAmountOfNoncurrentLiabilitiesWithCovenants_label_en-US" xlink:label="lab_ifrs-full_CarryingAmountOfNoncurrentLiabilitiesWithCovenants" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Carrying amount of non-current liabilities with covenants</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CarryingAmountOfNoncurrentLiabilitiesWithCovenants" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CarryingAmountOfNoncurrentLiabilitiesWithCovenants"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CarryingAmountOfNoncurrentLiabilitiesWithCovenants" xlink:to="lab_ifrs-full_CarryingAmountOfNoncurrentLiabilitiesWithCovenants" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustedWeightedAverageShares_d564d064-d45b-49a6-bd10-2c2185724e76_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustedWeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-average number of common shares outstanding, basic (in shares)</link:label>
    <link:label id="lab_ifrs-full_AdjustedWeightedAverageShares_label_en-US" xlink:label="lab_ifrs-full_AdjustedWeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted average number of ordinary shares used in calculating diluted earnings per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustedWeightedAverageShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustedWeightedAverageShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustedWeightedAverageShares" xlink:to="lab_ifrs-full_AdjustedWeightedAverageShares" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_dc6a340a-5896-408b-b7ed-2cadf8d009e0_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Between 3 and 4 years</link:label>
    <link:label id="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than three years and not later than four years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:to="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Assets_03a56b8a-5c93-4486-bb2d-f41860d2a462_totalLabel_en-US" xlink:label="lab_ifrs-full_Assets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total assets</link:label>
    <link:label id="lab_ifrs-full_Assets_label_en-US" xlink:label="lab_ifrs-full_Assets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Assets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_Assets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Assets" xlink:to="lab_ifrs-full_Assets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NotLaterThanOneYearMember_89e5fa6e-9477-420c-93d3-0c7520afe0f8_verboseLabel_en-US" xlink:label="lab_ifrs-full_NotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Within 1 year</link:label>
    <link:label id="lab_ifrs-full_NotLaterThanOneYearMember_068e8d70-3e42-4fef-8d2a-a84ec73e9c29_terseLabel_en-US" xlink:label="lab_ifrs-full_NotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Due within 1 year</link:label>
    <link:label id="lab_ifrs-full_NotLaterThanOneYearMember_label_en-US" xlink:label="lab_ifrs-full_NotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Not later than one year [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NotLaterThanOneYearMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NotLaterThanOneYearMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NotLaterThanOneYearMember" xlink:to="lab_ifrs-full_NotLaterThanOneYearMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_DisclosureOfInventoryTableTextBlock_570a2790-7e53-4dfe-b1bb-5a44eee3c72c_terseLabel_en-US" xlink:label="lab_psny_DisclosureOfInventoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of Inventory</link:label>
    <link:label id="lab_psny_DisclosureOfInventoryTableTextBlock_label_en-US" xlink:label="lab_psny_DisclosureOfInventoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Inventory [Table Text Block]</link:label>
    <link:label id="lab_psny_DisclosureOfInventoryTableTextBlock_documentation_en-US" xlink:label="lab_psny_DisclosureOfInventoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of Inventory</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_DisclosureOfInventoryTableTextBlock" xlink:href="psny-20240630.xsd#psny_DisclosureOfInventoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_DisclosureOfInventoryTableTextBlock" xlink:to="lab_psny_DisclosureOfInventoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_A3MonthSecuredOvernightFinancingRatePlus1Member_383ab617-7760-4700-8356-e52bc3aa6c65_terseLabel_en-US" xlink:label="lab_psny_A3MonthSecuredOvernightFinancingRatePlus1Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">3 Month Secured Overnight Financing Rate Plus 1%</link:label>
    <link:label id="lab_psny_A3MonthSecuredOvernightFinancingRatePlus1Member_label_en-US" xlink:label="lab_psny_A3MonthSecuredOvernightFinancingRatePlus1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">3 Month Secured Overnight Financing Rate Plus 1% [Member]</link:label>
    <link:label id="lab_psny_A3MonthSecuredOvernightFinancingRatePlus1Member_documentation_en-US" xlink:label="lab_psny_A3MonthSecuredOvernightFinancingRatePlus1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">3 Month Secured Overnight Financing Rate Plus 1%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_A3MonthSecuredOvernightFinancingRatePlus1Member" xlink:href="psny-20240630.xsd#psny_A3MonthSecuredOvernightFinancingRatePlus1Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_A3MonthSecuredOvernightFinancingRatePlus1Member" xlink:to="lab_psny_A3MonthSecuredOvernightFinancingRatePlus1Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReconciliationOfChangesInIntangibleAssetsAndGoodwillAbstract_67734929-9879-4014-94ca-94e1896b0588_terseLabel_en-US" xlink:label="lab_ifrs-full_ReconciliationOfChangesInIntangibleAssetsAndGoodwillAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reconciliation of changes in intangible assets and goodwill [abstract]</link:label>
    <link:label id="lab_ifrs-full_ReconciliationOfChangesInIntangibleAssetsAndGoodwillAbstract_label_en-US" xlink:label="lab_ifrs-full_ReconciliationOfChangesInIntangibleAssetsAndGoodwillAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reconciliation of changes in intangible assets and goodwill [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReconciliationOfChangesInIntangibleAssetsAndGoodwillAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ReconciliationOfChangesInIntangibleAssetsAndGoodwillAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReconciliationOfChangesInIntangibleAssetsAndGoodwillAbstract" xlink:to="lab_ifrs-full_ReconciliationOfChangesInIntangibleAssetsAndGoodwillAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestPaidClassifiedAsOperatingActivities_7c27d202-b6ee-4acb-ba1c-72b53c5cf2e1_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Interest paid</link:label>
    <link:label id="lab_ifrs-full_InterestPaidClassifiedAsOperatingActivities_46501f7a-8d96-4db9-afec-3862a1feda9a_negatedLabel_en-US" xlink:label="lab_ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Additions to intangible assets</link:label>
    <link:label id="lab_ifrs-full_InterestPaidClassifiedAsOperatingActivities_label_en-US" xlink:label="lab_ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest paid, classified as operating activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_InterestPaidClassifiedAsOperatingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:to="lab_ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReconciliationOfNumberOfSharesOutstandingAbstract_63806fa4-6b9b-4d11-8f4f-9215a84d7204_terseLabel_en-US" xlink:label="lab_ifrs-full_ReconciliationOfNumberOfSharesOutstandingAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reconciliation of number of shares outstanding [abstract]</link:label>
    <link:label id="lab_ifrs-full_ReconciliationOfNumberOfSharesOutstandingAbstract_label_en-US" xlink:label="lab_ifrs-full_ReconciliationOfNumberOfSharesOutstandingAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reconciliation of number of shares outstanding [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReconciliationOfNumberOfSharesOutstandingAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ReconciliationOfNumberOfSharesOutstandingAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReconciliationOfNumberOfSharesOutstandingAbstract" xlink:to="lab_ifrs-full_ReconciliationOfNumberOfSharesOutstandingAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_AmortisationCapitalizedIntoInventoryIntangibleAssetsOtherThanGoodwill_a022a82c-e5b8-4512-840b-9419b0330ffa_negatedLabel_en-US" xlink:label="lab_psny_AmortisationCapitalizedIntoInventoryIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Amortization capitalized into inventory</link:label>
    <link:label id="lab_psny_AmortisationCapitalizedIntoInventoryIntangibleAssetsOtherThanGoodwill_label_en-US" xlink:label="lab_psny_AmortisationCapitalizedIntoInventoryIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortisation Capitalized Into Inventory, Intangible Assets Other Than Goodwill</link:label>
    <link:label id="lab_psny_AmortisationCapitalizedIntoInventoryIntangibleAssetsOtherThanGoodwill_documentation_en-US" xlink:label="lab_psny_AmortisationCapitalizedIntoInventoryIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amortisation Capitalized Into Inventory, Intangible Assets Other Than Goodwill,</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_AmortisationCapitalizedIntoInventoryIntangibleAssetsOtherThanGoodwill" xlink:href="psny-20240630.xsd#psny_AmortisationCapitalizedIntoInventoryIntangibleAssetsOtherThanGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_AmortisationCapitalizedIntoInventoryIntangibleAssetsOtherThanGoodwill" xlink:to="lab_psny_AmortisationCapitalizedIntoInventoryIntangibleAssetsOtherThanGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_LegalEntityAxis_90224fb9-54fe-4013-bb31-748e8bb0e7a9_terseLabel_en-US" xlink:label="lab_dei_LegalEntityAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Legal Entity [Axis]</link:label>
    <link:label id="lab_dei_LegalEntityAxis_label_en-US" xlink:label="lab_dei_LegalEntityAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Legal Entity [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LegalEntityAxis" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_LegalEntityAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LegalEntityAxis" xlink:to="lab_dei_LegalEntityAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_OtherCurrentLiabilitiesDueFromRelatedPartiesMember_4ebf842e-b76e-41e1-bfff-0e5ad5d3d54e_terseLabel_en-US" xlink:label="lab_psny_OtherCurrentLiabilitiesDueFromRelatedPartiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advance payments from customers</link:label>
    <link:label id="lab_psny_OtherCurrentLiabilitiesDueFromRelatedPartiesMember_label_en-US" xlink:label="lab_psny_OtherCurrentLiabilitiesDueFromRelatedPartiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Current Liabilities Due From Related Parties [Member]</link:label>
    <link:label id="lab_psny_OtherCurrentLiabilitiesDueFromRelatedPartiesMember_documentation_en-US" xlink:label="lab_psny_OtherCurrentLiabilitiesDueFromRelatedPartiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Current Liabilities Due From Related Parties</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_OtherCurrentLiabilitiesDueFromRelatedPartiesMember" xlink:href="psny-20240630.xsd#psny_OtherCurrentLiabilitiesDueFromRelatedPartiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_OtherCurrentLiabilitiesDueFromRelatedPartiesMember" xlink:to="lab_psny_OtherCurrentLiabilitiesDueFromRelatedPartiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties_adc2f12c-2d11-4e30-a141-3d569cd54057_terseLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trade receivables - related parties</link:label>
    <link:label id="lab_ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties_label_en-US" xlink:label="lab_ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Receivables due from related parties</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties" xlink:to="lab_ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DeferredTaxAssets_fc7213cc-e6c9-41f0-9de2-5e14def9f73d_terseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax asset</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxAssets_a587cfa6-f2ee-43b8-83f3-e3712174f721_verboseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax asset</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxAssets_label_en-US" xlink:label="lab_ifrs-full_DeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred tax assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DeferredTaxAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxAssets" xlink:to="lab_ifrs-full_DeferredTaxAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_UnrecognizedOfEffectOfDownstreamSales_917a7b28-4a81-4812-8464-4d20b395342a_terseLabel_en-US" xlink:label="lab_psny_UnrecognizedOfEffectOfDownstreamSales" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unrecognized effects of downstream sales</link:label>
    <link:label id="lab_psny_UnrecognizedOfEffectOfDownstreamSales_label_en-US" xlink:label="lab_psny_UnrecognizedOfEffectOfDownstreamSales" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrecognized Of Effect Of Downstream Sales</link:label>
    <link:label id="lab_psny_UnrecognizedOfEffectOfDownstreamSales_documentation_en-US" xlink:label="lab_psny_UnrecognizedOfEffectOfDownstreamSales" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unrecognized Of Effect Of Downstream Sales</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_UnrecognizedOfEffectOfDownstreamSales" xlink:href="psny-20240630.xsd#psny_UnrecognizedOfEffectOfDownstreamSales"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_UnrecognizedOfEffectOfDownstreamSales" xlink:to="lab_psny_UnrecognizedOfEffectOfDownstreamSales" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_AdjustmentsToReconcileProfitLossCashAbstract_7941f13c-dad9-4d37-b256-b2a2a985a5fd_terseLabel_en-US" xlink:label="lab_psny_AdjustmentsToReconcileProfitLossCashAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in operating assets and liabilities:</link:label>
    <link:label id="lab_psny_AdjustmentsToReconcileProfitLossCashAbstract_label_en-US" xlink:label="lab_psny_AdjustmentsToReconcileProfitLossCashAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments To Reconcile Profit (Loss), Cash [Abstract]</link:label>
    <link:label id="lab_psny_AdjustmentsToReconcileProfitLossCashAbstract_documentation_en-US" xlink:label="lab_psny_AdjustmentsToReconcileProfitLossCashAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustments To Reconcile Profit (Loss), Cash</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_AdjustmentsToReconcileProfitLossCashAbstract" xlink:href="psny-20240630.xsd#psny_AdjustmentsToReconcileProfitLossCashAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_AdjustmentsToReconcileProfitLossCashAbstract" xlink:to="lab_psny_AdjustmentsToReconcileProfitLossCashAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_A3MonthSecuredOvernightFinancingRatePlus3.35Member_7334d377-0dbc-4fef-b09f-d6d87f709111_terseLabel_en-US" xlink:label="lab_psny_A3MonthSecuredOvernightFinancingRatePlus3.35Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">3 Month Secured Overnight Financing Rate Plus 3.35%</link:label>
    <link:label id="lab_psny_A3MonthSecuredOvernightFinancingRatePlus3.35Member_label_en-US" xlink:label="lab_psny_A3MonthSecuredOvernightFinancingRatePlus3.35Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">3 Month Secured Overnight Financing Rate Plus 3.35% [Member]</link:label>
    <link:label id="lab_psny_A3MonthSecuredOvernightFinancingRatePlus3.35Member_documentation_en-US" xlink:label="lab_psny_A3MonthSecuredOvernightFinancingRatePlus3.35Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">3 Month Secured Overnight Financing Rate Plus 3.35%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_A3MonthSecuredOvernightFinancingRatePlus3.35Member" xlink:href="psny-20240630.xsd#psny_A3MonthSecuredOvernightFinancingRatePlus3.35Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_A3MonthSecuredOvernightFinancingRatePlus3.35Member" xlink:to="lab_psny_A3MonthSecuredOvernightFinancingRatePlus3.35Member" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_OtherNonCurrentFinancialLiabilitiesToCreditInstitutions_753177b4-253d-4ba7-825d-3cc4bb8f75f8_negatedLabel_en-US" xlink:label="lab_psny_OtherNonCurrentFinancialLiabilitiesToCreditInstitutions" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Non-current liabilities to credit institutions</link:label>
    <link:label id="lab_psny_OtherNonCurrentFinancialLiabilitiesToCreditInstitutions_059a9913-b0f2-417a-93c8-c5f18f346e89_negatedTerseLabel_en-US" xlink:label="lab_psny_OtherNonCurrentFinancialLiabilitiesToCreditInstitutions" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Other Non current Financial Liabilities To Credit Institutions</link:label>
    <link:label id="lab_psny_OtherNonCurrentFinancialLiabilitiesToCreditInstitutions_label_en-US" xlink:label="lab_psny_OtherNonCurrentFinancialLiabilitiesToCreditInstitutions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Non current Financial Liabilities To Credit Institutions</link:label>
    <link:label id="lab_psny_OtherNonCurrentFinancialLiabilitiesToCreditInstitutions_documentation_en-US" xlink:label="lab_psny_OtherNonCurrentFinancialLiabilitiesToCreditInstitutions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Non current Financial Liabilities To Credit Institutions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_OtherNonCurrentFinancialLiabilitiesToCreditInstitutions" xlink:href="psny-20240630.xsd#psny_OtherNonCurrentFinancialLiabilitiesToCreditInstitutions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_OtherNonCurrentFinancialLiabilitiesToCreditInstitutions" xlink:to="lab_psny_OtherNonCurrentFinancialLiabilitiesToCreditInstitutions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable_09fe52e7-315e-496b-a902-f7fe95a223fd_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about borrowings [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about borrowings [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfFinancialAssetsDomain_c9be24ae-74c6-4281-9462-46ef1fafab4d_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of financial assets</link:label>
    <link:label id="lab_ifrs-full_ClassesOfFinancialAssetsDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of financial assets [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfFinancialAssetsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ClassesOfFinancialAssetsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialAssetsDomain" xlink:to="lab_ifrs-full_ClassesOfFinancialAssetsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherCurrentLiabilities_53d8a14f-3676-4bc6-a2eb-ade433ae5980_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_OtherCurrentLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Other current liabilities</link:label>
    <link:label id="lab_ifrs-full_OtherCurrentLiabilities_0f3f029c-d631-438b-af8e-6398c70f9037_negatedNetLabel_en-US" xlink:label="lab_ifrs-full_OtherCurrentLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:type="resource" xml:lang="en-US">Other current liabilities</link:label>
    <link:label id="lab_ifrs-full_OtherCurrentLiabilities_label_en-US" xlink:label="lab_ifrs-full_OtherCurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other current liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherCurrentLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherCurrentLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherCurrentLiabilities" xlink:to="lab_ifrs-full_OtherCurrentLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentDepositsFromCustomers_3cbe08e9-27e6-46ed-b362-6dd81c1e2bee_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_CurrentDepositsFromCustomers" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Advance payments from customers</link:label>
    <link:label id="lab_ifrs-full_CurrentDepositsFromCustomers_561f99de-6228-470b-befe-15b016ef40fa_negatedLabel_en-US" xlink:label="lab_ifrs-full_CurrentDepositsFromCustomers" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Advance payments from customers</link:label>
    <link:label id="lab_ifrs-full_CurrentDepositsFromCustomers_label_en-US" xlink:label="lab_ifrs-full_CurrentDepositsFromCustomers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current deposits from customers</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentDepositsFromCustomers" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentDepositsFromCustomers"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentDepositsFromCustomers" xlink:to="lab_ifrs-full_CurrentDepositsFromCustomers" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RevenueFromSaleOfGoods_468a6150-abe9-4cc9-ae15-6b9a68cf4dd0_terseLabel_en-US" xlink:label="lab_ifrs-full_RevenueFromSaleOfGoods" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue from sale of goods</link:label>
    <link:label id="lab_ifrs-full_RevenueFromSaleOfGoods_label_en-US" xlink:label="lab_ifrs-full_RevenueFromSaleOfGoods" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue from sale of goods</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevenueFromSaleOfGoods" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_RevenueFromSaleOfGoods"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevenueFromSaleOfGoods" xlink:to="lab_ifrs-full_RevenueFromSaleOfGoods" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_1ef148d8-170e-48c0-a45d-e9f74ac13f16_terseLabel_en-US" xlink:label="lab_psny_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Significant accounting policies and judgements</link:label>
    <link:label id="lab_psny_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_label_en-US" xlink:label="lab_psny_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of significant accounting policies [text block]</link:label>
    <link:label id="lab_psny_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_documentation_en-US" xlink:label="lab_psny_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The entire disclosure for significant accounting policies applied by the entity.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:href="psny-20240630.xsd#psny_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:to="lab_psny_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable_07edda43-fbaf-461e-af44-ec43ae3b1461_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of changes in intangible assets and goodwill [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of changes in intangible assets and goodwill [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable" xlink:to="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_VolvoCarsMember_1f96a468-5ed3-465c-8c68-448d76622307_terseLabel_en-US" xlink:label="lab_psny_VolvoCarsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Volvo Cars</link:label>
    <link:label id="lab_psny_VolvoCarsMember_label_en-US" xlink:label="lab_psny_VolvoCarsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Volvo Cars [Member]</link:label>
    <link:label id="lab_psny_VolvoCarsMember_documentation_en-US" xlink:label="lab_psny_VolvoCarsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Volvo Cars</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_VolvoCarsMember" xlink:href="psny-20240630.xsd#psny_VolvoCarsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_VolvoCarsMember" xlink:to="lab_psny_VolvoCarsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_InterestBearingCurrentLiabilitiesRelatedPartiesMember_6652a233-5b56-45ad-8f2c-cf491b4f91ba_terseLabel_en-US" xlink:label="lab_psny_InterestBearingCurrentLiabilitiesRelatedPartiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest Bearing Current Liabilities -Related Parties</link:label>
    <link:label id="lab_psny_InterestBearingCurrentLiabilitiesRelatedPartiesMember_label_en-US" xlink:label="lab_psny_InterestBearingCurrentLiabilitiesRelatedPartiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Bearing Current Liabilities -Related Parties [Member]</link:label>
    <link:label id="lab_psny_InterestBearingCurrentLiabilitiesRelatedPartiesMember_documentation_en-US" xlink:label="lab_psny_InterestBearingCurrentLiabilitiesRelatedPartiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest Bearing Current Liabilities -Related Parties</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_InterestBearingCurrentLiabilitiesRelatedPartiesMember" xlink:href="psny-20240630.xsd#psny_InterestBearingCurrentLiabilitiesRelatedPartiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_InterestBearingCurrentLiabilitiesRelatedPartiesMember" xlink:to="lab_psny_InterestBearingCurrentLiabilitiesRelatedPartiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_AdditionsOtherThanThroughBusinessCombinationsLeaseLiabilities_60ce90e6-325c-4854-82b8-62b8ed745c4d_terseLabel_en-US" xlink:label="lab_psny_AdditionsOtherThanThroughBusinessCombinationsLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Addition</link:label>
    <link:label id="lab_psny_AdditionsOtherThanThroughBusinessCombinationsLeaseLiabilities_label_en-US" xlink:label="lab_psny_AdditionsOtherThanThroughBusinessCombinationsLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additions Other Than Through Business Combinations, Lease Liabilities</link:label>
    <link:label id="lab_psny_AdditionsOtherThanThroughBusinessCombinationsLeaseLiabilities_documentation_en-US" xlink:label="lab_psny_AdditionsOtherThanThroughBusinessCombinationsLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Additions Other Than Through Business Combinations, Lease Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_AdditionsOtherThanThroughBusinessCombinationsLeaseLiabilities" xlink:href="psny-20240630.xsd#psny_AdditionsOtherThanThroughBusinessCombinationsLeaseLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_AdditionsOtherThanThroughBusinessCombinationsLeaseLiabilities" xlink:to="lab_psny_AdditionsOtherThanThroughBusinessCombinationsLeaseLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RelatedPartyTransactionsAbstract_label_en-US" xlink:label="lab_ifrs-full_RelatedPartyTransactionsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related party transactions [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RelatedPartyTransactionsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_RelatedPartyTransactionsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RelatedPartyTransactionsAbstract" xlink:to="lab_ifrs-full_RelatedPartyTransactionsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeAbstract_be4cb19f-6eff-4c01-82d1-4d538d38b23b_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive loss:</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeAbstract_7bff73d5-ebf3-4d97-a638-3dc4813e4c81_verboseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Items that may be subsequently reclassified to the Consolidated Statement of Loss:</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeAbstract_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherComprehensiveIncomeAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeAbstract" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BasicEarningsLossPerShare_83794a77-644e-4a13-9da3-35bdf7d5f473_terseLabel_en-US" xlink:label="lab_ifrs-full_BasicEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net loss per share - basic (in dollars per share)</link:label>
    <link:label id="lab_ifrs-full_BasicEarningsLossPerShare_label_en-US" xlink:label="lab_ifrs-full_BasicEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Basic earnings (loss) per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BasicEarningsLossPerShare" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_BasicEarningsLossPerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BasicEarningsLossPerShare" xlink:to="lab_ifrs-full_BasicEarningsLossPerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_TransportationServicesMember_3d03ba1d-7467-48cd-bbba-a9c69dcb1c20_terseLabel_en-US" xlink:label="lab_psny_TransportationServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Logistics service commitments</link:label>
    <link:label id="lab_psny_TransportationServicesMember_label_en-US" xlink:label="lab_psny_TransportationServicesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transportation Services [Member]</link:label>
    <link:label id="lab_psny_TransportationServicesMember_documentation_en-US" xlink:label="lab_psny_TransportationServicesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transportation Services</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_TransportationServicesMember" xlink:href="psny-20240630.xsd#psny_TransportationServicesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_TransportationServicesMember" xlink:to="lab_psny_TransportationServicesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherAdjustmentsForNoncashItems_719b8a0a-b463-4ed6-bebd-b97a389ce488_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherAdjustmentsForNoncashItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other non-cash expense and income</link:label>
    <link:label id="lab_ifrs-full_OtherAdjustmentsForNoncashItems_ce9e5a95-2f06-4656-8de5-f2e081443faa_verboseLabel_en-US" xlink:label="lab_ifrs-full_OtherAdjustmentsForNoncashItems" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Trade payables, accrued expenses, and other liabilities</link:label>
    <link:label id="lab_ifrs-full_OtherAdjustmentsForNoncashItems_label_en-US" xlink:label="lab_ifrs-full_OtherAdjustmentsForNoncashItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other adjustments for non-cash items</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherAdjustmentsForNoncashItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherAdjustmentsForNoncashItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherAdjustmentsForNoncashItems" xlink:to="lab_ifrs-full_OtherAdjustmentsForNoncashItems" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_UnrealizedExchangeGainsLossesOnOperatingPayables_9f7b62af-7a62-4b00-97f7-eb328b3409a0_terseLabel_en-US" xlink:label="lab_psny_UnrealizedExchangeGainsLossesOnOperatingPayables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unrealized exchange gain on trade payables</link:label>
    <link:label id="lab_psny_UnrealizedExchangeGainsLossesOnOperatingPayables_label_en-US" xlink:label="lab_psny_UnrealizedExchangeGainsLossesOnOperatingPayables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrealized exchange gains (losses) on operating payables</link:label>
    <link:label id="lab_psny_UnrealizedExchangeGainsLossesOnOperatingPayables_documentation_en-US" xlink:label="lab_psny_UnrealizedExchangeGainsLossesOnOperatingPayables" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unrealized exchange gains (losses) on operating payables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_UnrealizedExchangeGainsLossesOnOperatingPayables" xlink:href="psny-20240630.xsd#psny_UnrealizedExchangeGainsLossesOnOperatingPayables"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_UnrealizedExchangeGainsLossesOnOperatingPayables" xlink:to="lab_psny_UnrealizedExchangeGainsLossesOnOperatingPayables" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_DisclosureOfFinancialInformationOwnFinancialStatementsTableTextBlock_c37f8be4-365f-4284-9e21-d89c9fa84e19_terseLabel_en-US" xlink:label="lab_psny_DisclosureOfFinancialInformationOwnFinancialStatementsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Financial Information Own Financial Statements</link:label>
    <link:label id="lab_psny_DisclosureOfFinancialInformationOwnFinancialStatementsTableTextBlock_label_en-US" xlink:label="lab_psny_DisclosureOfFinancialInformationOwnFinancialStatementsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Financial Information Own Financial Statements [Table Text Block]</link:label>
    <link:label id="lab_psny_DisclosureOfFinancialInformationOwnFinancialStatementsTableTextBlock_documentation_en-US" xlink:label="lab_psny_DisclosureOfFinancialInformationOwnFinancialStatementsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Financial Information Own Financial Statements</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_DisclosureOfFinancialInformationOwnFinancialStatementsTableTextBlock" xlink:href="psny-20240630.xsd#psny_DisclosureOfFinancialInformationOwnFinancialStatementsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_DisclosureOfFinancialInformationOwnFinancialStatementsTableTextBlock" xlink:to="lab_psny_DisclosureOfFinancialInformationOwnFinancialStatementsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfFinancialLiabilitiesDomain_15460eca-81fd-4e13-926a-c1408941990a_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of financial liabilities</link:label>
    <link:label id="lab_ifrs-full_ClassesOfFinancialLiabilitiesDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of financial liabilities [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfFinancialLiabilitiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ClassesOfFinancialLiabilitiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialLiabilitiesDomain" xlink:to="lab_ifrs-full_ClassesOfFinancialLiabilitiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory_c5c16118-1fdf-4fba-be9d-c711956ca801_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">General information</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of general information about financial statements [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.7Member_bcb8603b-25fe-4b0e-b592-9152dbb78904_terseLabel_en-US" xlink:label="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.7Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">12 Month Secured Overnight Financing Rate Plus 1.7%</link:label>
    <link:label id="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.7Member_label_en-US" xlink:label="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.7Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">12 Month Secured Overnight Financing Rate Plus 1.7% [Member]</link:label>
    <link:label id="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.7Member_documentation_en-US" xlink:label="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.7Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">12 Month Secured Overnight Financing Rate Plus 1.7%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_A12MonthSecuredOvernightFinancingRatePlus1.7Member" xlink:href="psny-20240630.xsd#psny_A12MonthSecuredOvernightFinancingRatePlus1.7Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_A12MonthSecuredOvernightFinancingRatePlus1.7Member" xlink:to="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.7Member" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_SalesGeneratedObligationMember_a4a419dd-d1c4-41a2-9916-065d39dff543_terseLabel_en-US" xlink:label="lab_psny_SalesGeneratedObligationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sales Generated Obligation [Member]</link:label>
    <link:label id="lab_psny_SalesGeneratedObligationMember_label_en-US" xlink:label="lab_psny_SalesGeneratedObligationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sales Generated Obligation [Member]</link:label>
    <link:label id="lab_psny_SalesGeneratedObligationMember_documentation_en-US" xlink:label="lab_psny_SalesGeneratedObligationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Sales Generated Obligation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_SalesGeneratedObligationMember" xlink:href="psny-20240630.xsd#psny_SalesGeneratedObligationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_SalesGeneratedObligationMember" xlink:to="lab_psny_SalesGeneratedObligationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfContractsDomain_7b5e9ab9-033a-40e8-afc2-0a43c4daef54_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfContractsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of contracts [domain]</link:label>
    <link:label id="lab_ifrs-full_TypesOfContractsDomain_label_en-US" xlink:label="lab_ifrs-full_TypesOfContractsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of contracts [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfContractsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TypesOfContractsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfContractsDomain" xlink:to="lab_ifrs-full_TypesOfContractsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_MinimumMember_f1a9ee3e-246c-4e5a-94b5-715c42e81f88_terseLabel_en-US" xlink:label="lab_srt_MinimumMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Minimum</link:label>
    <link:label id="lab_srt_MinimumMember_label_en-US" xlink:label="lab_srt_MinimumMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Minimum [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_MinimumMember" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_MinimumMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_MinimumMember" xlink:to="lab_srt_MinimumMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_PaymentsOfLeaseLiabilitiesInclusiveOfInterestPaid_fd706f66-4c9b-49bc-b393-110e284ca129_terseLabel_en-US" xlink:label="lab_psny_PaymentsOfLeaseLiabilitiesInclusiveOfInterestPaid" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Payments of lease liabilities, inclusive of interest paid</link:label>
    <link:label id="lab_psny_PaymentsOfLeaseLiabilitiesInclusiveOfInterestPaid_label_en-US" xlink:label="lab_psny_PaymentsOfLeaseLiabilitiesInclusiveOfInterestPaid" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments of lease liabilities, inclusive of interest paid</link:label>
    <link:label id="lab_psny_PaymentsOfLeaseLiabilitiesInclusiveOfInterestPaid_documentation_en-US" xlink:label="lab_psny_PaymentsOfLeaseLiabilitiesInclusiveOfInterestPaid" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payments of lease liabilities, inclusive of interest paid</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_PaymentsOfLeaseLiabilitiesInclusiveOfInterestPaid" xlink:href="psny-20240630.xsd#psny_PaymentsOfLeaseLiabilitiesInclusiveOfInterestPaid"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_PaymentsOfLeaseLiabilitiesInclusiveOfInterestPaid" xlink:to="lab_psny_PaymentsOfLeaseLiabilitiesInclusiveOfInterestPaid" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_EliminationOfEffectsOfDownstreamSales_c346da1d-0f47-4259-a2c7-8c58a2f39f12_terseLabel_en-US" xlink:label="lab_psny_EliminationOfEffectsOfDownstreamSales" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Elimination of effects of downstream sales</link:label>
    <link:label id="lab_psny_EliminationOfEffectsOfDownstreamSales_label_en-US" xlink:label="lab_psny_EliminationOfEffectsOfDownstreamSales" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Elimination Of Effects Of Downstream Sales</link:label>
    <link:label id="lab_psny_EliminationOfEffectsOfDownstreamSales_documentation_en-US" xlink:label="lab_psny_EliminationOfEffectsOfDownstreamSales" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Elimination Of Effects Of Downstream Sales</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_EliminationOfEffectsOfDownstreamSales" xlink:href="psny-20240630.xsd#psny_EliminationOfEffectsOfDownstreamSales"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_EliminationOfEffectsOfDownstreamSales" xlink:to="lab_psny_EliminationOfEffectsOfDownstreamSales" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_9f11430e-6545-42f9-a8e8-77018e340c21_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from financing activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_0a6a4468-a027-4470-863e-774aa0ad58dd_verboseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents at the end of the period</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) financing activities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:to="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_d1266d24-5b55-4f5b-900e-5a49a61d3d35_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers_ad1bad8d-8179-4d94-99e3-a1e08ac78c0b_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Trade payables</link:label>
    <link:label id="lab_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers_8586d059-d1cd-4756-86a0-f60067ff6f25_negatedLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Trade payables</link:label>
    <link:label id="lab_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers_label_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current trade payables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:to="lab_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_LesseeTermOfContract_e9a96d90-d3e0-47a5-a72a-0c3577eb02d1_terseLabel_en-US" xlink:label="lab_psny_LesseeTermOfContract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lessee, term of contract</link:label>
    <link:label id="lab_psny_LesseeTermOfContract_label_en-US" xlink:label="lab_psny_LesseeTermOfContract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lessee, Term Of Contract</link:label>
    <link:label id="lab_psny_LesseeTermOfContract_documentation_en-US" xlink:label="lab_psny_LesseeTermOfContract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Lessee, Term Of Contract</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_LesseeTermOfContract" xlink:href="psny-20240630.xsd#psny_LesseeTermOfContract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_LesseeTermOfContract" xlink:to="lab_psny_LesseeTermOfContract" xlink:type="arc" order="1"/>
    <link:label id="lab_country_GB_c1268971-12a2-4459-8d90-93ac7e92c7da_terseLabel_en-US" xlink:label="lab_country_GB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">United Kingdom</link:label>
    <link:label id="lab_country_GB_label_en-US" xlink:label="lab_country_GB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">UNITED KINGDOM</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_GB" xlink:href="https://xbrl.sec.gov/country/2024/country-2024.xsd#country_GB"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_GB" xlink:to="lab_country_GB" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLoss_0a6e62be-1d01-4086-bc2f-d2377d3a3217_totalLabel_en-US" xlink:label="lab_ifrs-full_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net loss</link:label>
    <link:label id="lab_ifrs-full_ProfitLoss_f24dac9b-2d86-4554-b4f5-246b25a4adf1_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net loss</link:label>
    <link:label id="lab_ifrs-full_ProfitLoss_77d7e281-4284-4530-9160-7c0fc7fccd6d_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLoss" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Net loss - (Restated)</link:label>
    <link:label id="lab_ifrs-full_ProfitLoss_2e8ee8e1-d888-4d72-b474-a8742d54150a_verboseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net loss</link:label>
    <link:label id="lab_ifrs-full_ProfitLoss_label_en-US" xlink:label="lab_ifrs-full_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProfitLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLoss" xlink:to="lab_ifrs-full_ProfitLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions_d9c5e8e6-25b1-4d79-8e16-f25b5fe036f0_terseLabel_en-US" xlink:label="lab_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchases of goods, related party transactions</link:label>
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    <link:label id="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInContractLiabilities_6eed9c40-610f-4be2-a1d7-d59fde7b7399_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInContractLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contract liabilities</link:label>
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    <link:label id="lab_psny_ClassBAmericanDepositarySharesMember_6d7e0668-c99d-417b-b5c3-97b1cf76198c_terseLabel_en-US" xlink:label="lab_psny_ClassBAmericanDepositarySharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class B Shares</link:label>
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    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInSubsidiary_e08f9503-5652-43a5-821b-2c1687564cbd_terseLabel_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Polestar's percentage ownership interest</link:label>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInSubsidiary_label_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proportion of ownership interest in subsidiary</link:label>
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    <link:label id="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.10Member_7c5ed3f8-b597-4312-8180-addbec7b0f61_terseLabel_en-US" xlink:label="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.10Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">12 Month Secured Overnight Financing Rate Plus 1.1%</link:label>
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    <link:label id="lab_ifrs-full_GainsLossesOnLitigationSettlements_23542edc-8848-4fc4-9bf1-d40513995471_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnLitigationSettlements" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Litigation provisions</link:label>
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    <link:label id="lab_ifrs-full_ClassesOfLiabilitiesDomain_a4c4d070-4411-4e3b-a5f1-8423b573e884_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of liabilities</link:label>
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    <link:label id="lab_psny_OtherCurrentAssetsRelatedParties_a751deb1-d10a-4353-ae1b-824c4941222f_terseLabel_en-US" xlink:label="lab_psny_OtherCurrentAssetsRelatedParties" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other current assets - related parties</link:label>
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    <link:label id="lab_psny_SecuredOvernightFinancingRateMember_300f6877-60a7-49b3-bc0d-6f1cf74e6e94_terseLabel_en-US" xlink:label="lab_psny_SecuredOvernightFinancingRateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Secured Overnight Financing Rate</link:label>
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    <link:label id="lab_psny_SecuredOvernightFinancingRateMember_documentation_en-US" xlink:label="lab_psny_SecuredOvernightFinancingRateMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Secured Overnight Financing Rate</link:label>
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    <link:label id="lab_psny_ForeignCurrencyTranslationReserve_93d8eec9-d982-4b86-a87c-b418e23cb8ea_negatedTerseLabel_en-US" xlink:label="lab_psny_ForeignCurrencyTranslationReserve" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Foreign currency translation reserve</link:label>
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    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_d99f1be8-2888-40b9-9bfe-a52c8da5656a_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exchange rate differences from translation of foreign operations</link:label>
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    <link:label id="lab_ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment_66b04d1b-2fe8-4e28-ac9f-fcccc41b3f32_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Loss on derecognition and disposal of property, plant, and equipment and intangible assets</link:label>
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    <link:label id="lab_ifrs-full_SignificantInvestmentsInAssociatesDomain_label_en-US" xlink:label="lab_ifrs-full_SignificantInvestmentsInAssociatesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Associates [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SignificantInvestmentsInAssociatesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_SignificantInvestmentsInAssociatesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SignificantInvestmentsInAssociatesDomain" xlink:to="lab_ifrs-full_SignificantInvestmentsInAssociatesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfComprehensiveIncomeAbstract_b6c09924-de32-4c80-813f-f2f42ab21dbc_terseLabel_en-US" xlink:label="lab_ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement of comprehensive income [abstract]</link:label>
    <link:label id="lab_ifrs-full_StatementOfComprehensiveIncomeAbstract_label_en-US" xlink:label="lab_ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of comprehensive income [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_StatementOfComprehensiveIncomeAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:to="lab_ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory_19d318cf-fc54-4805-ae89-4f54e8094637_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commitments and contingencies</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of commitments and contingent liabilities [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_RevenueFromInvestmentsInAssociatesRollForward_ec5a964a-a98b-4334-80ef-365bcb50902d_terseLabel_en-US" xlink:label="lab_psny_RevenueFromInvestmentsInAssociatesRollForward" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue From Investments In Associates [Roll Forward]</link:label>
    <link:label id="lab_psny_RevenueFromInvestmentsInAssociatesRollForward_label_en-US" xlink:label="lab_psny_RevenueFromInvestmentsInAssociatesRollForward" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue From Investments In Associates [Roll Forward]</link:label>
    <link:label id="lab_psny_RevenueFromInvestmentsInAssociatesRollForward_documentation_en-US" xlink:label="lab_psny_RevenueFromInvestmentsInAssociatesRollForward" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revenue From Investments In Associates</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_RevenueFromInvestmentsInAssociatesRollForward" xlink:href="psny-20240630.xsd#psny_RevenueFromInvestmentsInAssociatesRollForward"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_RevenueFromInvestmentsInAssociatesRollForward" xlink:to="lab_psny_RevenueFromInvestmentsInAssociatesRollForward" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_RevenueFromSaleOfGoodsRelatedPartyTransactionsAtPointInTime_83cb9c93-b436-4b28-9c1f-a28b1bd510f9_terseLabel_en-US" xlink:label="lab_psny_RevenueFromSaleOfGoodsRelatedPartyTransactionsAtPointInTime" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue from sale of goods, related party transactions, at point in time</link:label>
    <link:label id="lab_psny_RevenueFromSaleOfGoodsRelatedPartyTransactionsAtPointInTime_label_en-US" xlink:label="lab_psny_RevenueFromSaleOfGoodsRelatedPartyTransactionsAtPointInTime" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue from sale of goods, related party transactions, at point in time</link:label>
    <link:label id="lab_psny_RevenueFromSaleOfGoodsRelatedPartyTransactionsAtPointInTime_documentation_en-US" xlink:label="lab_psny_RevenueFromSaleOfGoodsRelatedPartyTransactionsAtPointInTime" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revenue from sale of goods, related party transactions, at point in time</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_RevenueFromSaleOfGoodsRelatedPartyTransactionsAtPointInTime" xlink:href="psny-20240630.xsd#psny_RevenueFromSaleOfGoodsRelatedPartyTransactionsAtPointInTime"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_RevenueFromSaleOfGoodsRelatedPartyTransactionsAtPointInTime" xlink:to="lab_psny_RevenueFromSaleOfGoodsRelatedPartyTransactionsAtPointInTime" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfInterestRatesAxis_8fa6ab4b-bea2-45bb-8911-fd701c4224b7_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfInterestRatesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of interest rates [axis]</link:label>
    <link:label id="lab_ifrs-full_TypesOfInterestRatesAxis_label_en-US" xlink:label="lab_ifrs-full_TypesOfInterestRatesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of interest rates [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfInterestRatesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TypesOfInterestRatesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfInterestRatesAxis" xlink:to="lab_ifrs-full_TypesOfInterestRatesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_country_FI_513a11c4-b3c5-4405-9b87-5b15b0cd5e16_terseLabel_en-US" xlink:label="lab_country_FI" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Finland</link:label>
    <link:label id="lab_country_FI_label_en-US" xlink:label="lab_country_FI" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">FINLAND</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_FI" xlink:href="https://xbrl.sec.gov/country/2024/country-2024.xsd#country_FI"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_FI" xlink:to="lab_country_FI" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_NonCurrentLiabilitiesMember_1db05e88-1b21-42be-b7c2-8ab7bbfbcf75_terseLabel_en-US" xlink:label="lab_psny_NonCurrentLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non Current</link:label>
    <link:label id="lab_psny_NonCurrentLiabilitiesMember_label_en-US" xlink:label="lab_psny_NonCurrentLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non Current Liabilities [Member]</link:label>
    <link:label id="lab_psny_NonCurrentLiabilitiesMember_documentation_en-US" xlink:label="lab_psny_NonCurrentLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non Current Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_NonCurrentLiabilitiesMember" xlink:href="psny-20240630.xsd#psny_NonCurrentLiabilitiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_NonCurrentLiabilitiesMember" xlink:to="lab_psny_NonCurrentLiabilitiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestIncomeForFinancialAssetsMeasuredAtAmortisedCost_07eba63e-986a-49b8-8ef9-a14034b05132_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestIncomeForFinancialAssetsMeasuredAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest revenue for financial assets measured at amortised cost</link:label>
    <link:label id="lab_ifrs-full_InterestIncomeForFinancialAssetsMeasuredAtAmortisedCost_label_en-US" xlink:label="lab_ifrs-full_InterestIncomeForFinancialAssetsMeasuredAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest revenue for financial assets measured at amortised cost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestIncomeForFinancialAssetsMeasuredAtAmortisedCost" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_InterestIncomeForFinancialAssetsMeasuredAtAmortisedCost"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestIncomeForFinancialAssetsMeasuredAtAmortisedCost" xlink:to="lab_ifrs-full_InterestIncomeForFinancialAssetsMeasuredAtAmortisedCost" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InvestmentPropertyMember_3f61647c-1204-4b66-bbc9-f92f956c5ac8_terseLabel_en-US" xlink:label="lab_ifrs-full_InvestmentPropertyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment property [member]</link:label>
    <link:label id="lab_ifrs-full_InvestmentPropertyMember_label_en-US" xlink:label="lab_ifrs-full_InvestmentPropertyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment property [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InvestmentPropertyMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_InvestmentPropertyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InvestmentPropertyMember" xlink:to="lab_ifrs-full_InvestmentPropertyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_StockPricePerShare_99ad6b72-3a19-4818-a4fd-115d7e0db765_terseLabel_en-US" xlink:label="lab_psny_StockPricePerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock price per share</link:label>
    <link:label id="lab_psny_StockPricePerShare_label_en-US" xlink:label="lab_psny_StockPricePerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock price per share</link:label>
    <link:label id="lab_psny_StockPricePerShare_documentation_en-US" xlink:label="lab_psny_StockPricePerShare" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Stock price per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_StockPricePerShare" xlink:href="psny-20240630.xsd#psny_StockPricePerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_StockPricePerShare" xlink:to="lab_psny_StockPricePerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentContractLiabilities_e78b4e93-fb43-452a-8fed-047737506d6a_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentContractLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Non-current contract liabilities</link:label>
    <link:label id="lab_ifrs-full_NoncurrentContractLiabilities_4708f7f0-d08a-4cf2-9963-17987e292e35_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentContractLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current contract liabilities</link:label>
    <link:label id="lab_ifrs-full_NoncurrentContractLiabilities_002aeac0-da4a-4ade-b26b-fb0e3ab4340c_negatedNetLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentContractLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:type="resource" xml:lang="en-US">Non-current contract liabilities</link:label>
    <link:label id="lab_ifrs-full_NoncurrentContractLiabilities_label_en-US" xlink:label="lab_ifrs-full_NoncurrentContractLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current contract liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentContractLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NoncurrentContractLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentContractLiabilities" xlink:to="lab_ifrs-full_NoncurrentContractLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_DisclosureOfFutureMinimumPurchaseCommitmentsTableTextBlock_226d90cf-73a6-421d-97a1-e7172e4e9930_terseLabel_en-US" xlink:label="lab_psny_DisclosureOfFutureMinimumPurchaseCommitmentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Future Minimum Purchase Commitments</link:label>
    <link:label id="lab_psny_DisclosureOfFutureMinimumPurchaseCommitmentsTableTextBlock_label_en-US" xlink:label="lab_psny_DisclosureOfFutureMinimumPurchaseCommitmentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Future Minimum Purchase Commitments [Table Text Block]</link:label>
    <link:label id="lab_psny_DisclosureOfFutureMinimumPurchaseCommitmentsTableTextBlock_documentation_en-US" xlink:label="lab_psny_DisclosureOfFutureMinimumPurchaseCommitmentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Future Minimum Purchase Commitments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_DisclosureOfFutureMinimumPurchaseCommitmentsTableTextBlock" xlink:href="psny-20240630.xsd#psny_DisclosureOfFutureMinimumPurchaseCommitmentsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_DisclosureOfFutureMinimumPurchaseCommitmentsTableTextBlock" xlink:to="lab_psny_DisclosureOfFutureMinimumPurchaseCommitmentsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_ChangeInFairValueOfEarnOutRights_2cf64750-54f3-4ef3-8e23-d6b13cafc9f1_terseLabel_en-US" xlink:label="lab_psny_ChangeInFairValueOfEarnOutRights" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value change - Earn-out rights</link:label>
    <link:label id="lab_psny_ChangeInFairValueOfEarnOutRights_123b6ff5-1d66-46da-a5c8-ba9c79cec4d4_negatedTerseLabel_en-US" xlink:label="lab_psny_ChangeInFairValueOfEarnOutRights" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Fair value change - Earn-out rights</link:label>
    <link:label id="lab_psny_ChangeInFairValueOfEarnOutRights_987a374c-1ec4-48ef-8687-f11522aeed28_verboseLabel_en-US" xlink:label="lab_psny_ChangeInFairValueOfEarnOutRights" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Fair value change - Class C Shares</link:label>
    <link:label id="lab_psny_ChangeInFairValueOfEarnOutRights_35f4fbe1-db7d-45f1-a05f-622ccb2ae13e_negatedLabel_en-US" xlink:label="lab_psny_ChangeInFairValueOfEarnOutRights" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Fair value change - Class C Shares</link:label>
    <link:label id="lab_psny_ChangeInFairValueOfEarnOutRights_label_en-US" xlink:label="lab_psny_ChangeInFairValueOfEarnOutRights" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Change In Fair Value Of Earn-Out Rights</link:label>
    <link:label id="lab_psny_ChangeInFairValueOfEarnOutRights_documentation_en-US" xlink:label="lab_psny_ChangeInFairValueOfEarnOutRights" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Change In Fair Value Of Earn-Out Rights</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ChangeInFairValueOfEarnOutRights" xlink:href="psny-20240630.xsd#psny_ChangeInFairValueOfEarnOutRights"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_ChangeInFairValueOfEarnOutRights" xlink:to="lab_psny_ChangeInFairValueOfEarnOutRights" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_DebtInstrumentArrangementFee_196cc992-2413-41fd-b427-865cccd3b7e4_terseLabel_en-US" xlink:label="lab_psny_DebtInstrumentArrangementFee" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt instrument, arrangement fee</link:label>
    <link:label id="lab_psny_DebtInstrumentArrangementFee_label_en-US" xlink:label="lab_psny_DebtInstrumentArrangementFee" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Arrangement Fee</link:label>
    <link:label id="lab_psny_DebtInstrumentArrangementFee_documentation_en-US" xlink:label="lab_psny_DebtInstrumentArrangementFee" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Instrument, Arrangement Fee</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_DebtInstrumentArrangementFee" xlink:href="psny-20240630.xsd#psny_DebtInstrumentArrangementFee"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_DebtInstrumentArrangementFee" xlink:to="lab_psny_DebtInstrumentArrangementFee" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ParValuePerShare_c13e9338-a899-4ee0-a2ab-ad599621cb79_terseLabel_en-US" xlink:label="lab_ifrs-full_ParValuePerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Par value per share (in usd per share)</link:label>
    <link:label id="lab_ifrs-full_ParValuePerShare_label_en-US" xlink:label="lab_ifrs-full_ParValuePerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Par value per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ParValuePerShare" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ParValuePerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ParValuePerShare" xlink:to="lab_ifrs-full_ParValuePerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DilutedEarningsLossPerShare_6d4d2bd7-414b-4a31-866d-d1464290aa3d_terseLabel_en-US" xlink:label="lab_ifrs-full_DilutedEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net loss per share - diluted (in dollars per share)</link:label>
    <link:label id="lab_ifrs-full_DilutedEarningsLossPerShare_label_en-US" xlink:label="lab_ifrs-full_DilutedEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Diluted earnings (loss) per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DilutedEarningsLossPerShare" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DilutedEarningsLossPerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DilutedEarningsLossPerShare" xlink:to="lab_ifrs-full_DilutedEarningsLossPerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_May12MonthLoanPrimeRatePlus0.35Member_7f465e9a-5f5c-4668-a5b8-c58bf29ecdce_terseLabel_en-US" xlink:label="lab_psny_May12MonthLoanPrimeRatePlus0.35Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">May 12 Month Loan Prime Rate Plus 0.35%</link:label>
    <link:label id="lab_psny_May12MonthLoanPrimeRatePlus0.35Member_label_en-US" xlink:label="lab_psny_May12MonthLoanPrimeRatePlus0.35Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">May 12 Month Loan Prime Rate Plus 0.35% [Member]</link:label>
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    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory_d9c31d9c-1dfb-43ec-8c4f-053653ba5fce_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about borrowings</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about borrowings [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory"/>
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    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems_84d3e8d1-5bbb-40e1-9e2f-48889323d99d_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of changes in intangible assets and goodwill [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of changes in intangible assets and goodwill [line items]</link:label>
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    <link:label id="lab_psny_UnrecognizedLossesInPolestarTechnology_a9840dd0-5d90-4caa-93cd-76f28d6dcd77_negatedPeriodStartLabel_en-US" xlink:label="lab_psny_UnrecognizedLossesInPolestarTechnology" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="resource" xml:lang="en-US">Unrecognized Losses in Polestar Technology</link:label>
    <link:label id="lab_psny_UnrecognizedLossesInPolestarTechnology_7968efe1-9265-413c-8d31-c3ef6f442b85_negatedPeriodEndLabel_en-US" xlink:label="lab_psny_UnrecognizedLossesInPolestarTechnology" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="resource" xml:lang="en-US">Unrecognized Losses in Polestar Technology</link:label>
    <link:label id="lab_psny_UnrecognizedLossesInPolestarTechnology_label_en-US" xlink:label="lab_psny_UnrecognizedLossesInPolestarTechnology" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrecognized Losses in Polestar Technology</link:label>
    <link:label id="lab_psny_UnrecognizedLossesInPolestarTechnology_documentation_en-US" xlink:label="lab_psny_UnrecognizedLossesInPolestarTechnology" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unrecognized Losses in Polestar Technology</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_UnrecognizedLossesInPolestarTechnology" xlink:href="psny-20240630.xsd#psny_UnrecognizedLossesInPolestarTechnology"/>
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    <link:label id="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossBeforeTaxAbstract_f63a3b09-668e-450a-9650-aa64c6e63590_terseLabel_en-US" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossBeforeTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exchange rate differences from translation of foreign operations</link:label>
    <link:label id="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossBeforeTaxAbstract_label_en-US" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossBeforeTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components of other comprehensive income that will not be reclassified to profit or loss, before tax [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossBeforeTaxAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossBeforeTaxAbstract"/>
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    <link:label id="lab_psny_CapitalizationOfExpensesNetIncomeReductionLoss_4b932ec2-4421-4ec4-aa62-9a27c36aac9a_terseLabel_en-US" xlink:label="lab_psny_CapitalizationOfExpensesNetIncomeReductionLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capitalization of expenses</link:label>
    <link:label id="lab_psny_CapitalizationOfExpensesNetIncomeReductionLoss_label_en-US" xlink:label="lab_psny_CapitalizationOfExpensesNetIncomeReductionLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capitalization Of Expenses Net Income Reduction Loss</link:label>
    <link:label id="lab_psny_CapitalizationOfExpensesNetIncomeReductionLoss_documentation_en-US" xlink:label="lab_psny_CapitalizationOfExpensesNetIncomeReductionLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capitalization Of Expenses Net Income Reduction Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_CapitalizationOfExpensesNetIncomeReductionLoss" xlink:href="psny-20240630.xsd#psny_CapitalizationOfExpensesNetIncomeReductionLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_CapitalizationOfExpensesNetIncomeReductionLoss" xlink:to="lab_psny_CapitalizationOfExpensesNetIncomeReductionLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_UndrawnBorrowingFacilities_e0b62741-03c2-48c9-b147-c86215d7b053_terseLabel_en-US" xlink:label="lab_ifrs-full_UndrawnBorrowingFacilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Undrawn borrowing facilities</link:label>
    <link:label id="lab_ifrs-full_UndrawnBorrowingFacilities_label_en-US" xlink:label="lab_ifrs-full_UndrawnBorrowingFacilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Undrawn borrowing facilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_UndrawnBorrowingFacilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_UndrawnBorrowingFacilities"/>
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    <link:label id="lab_psny_RedeemablePreferredSharesMember_688e7792-b23e-4354-ae2a-18a310840ca2_terseLabel_en-US" xlink:label="lab_psny_RedeemablePreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Redeemable Preferred Shares</link:label>
    <link:label id="lab_psny_RedeemablePreferredSharesMember_label_en-US" xlink:label="lab_psny_RedeemablePreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Redeemable Preferred Shares [Member]</link:label>
    <link:label id="lab_psny_RedeemablePreferredSharesMember_documentation_en-US" xlink:label="lab_psny_RedeemablePreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Redeemable Preferred Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_RedeemablePreferredSharesMember" xlink:href="psny-20240630.xsd#psny_RedeemablePreferredSharesMember"/>
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    <link:label id="lab_ifrs-full_CurrentProvisions_10718f99-7642-45b7-bb56-8609f246d020_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_CurrentProvisions" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Current provisions</link:label>
    <link:label id="lab_ifrs-full_CurrentProvisions_e5852522-7658-4f1f-bc21-f6ed3d4e5f9e_negatedLabel_en-US" xlink:label="lab_ifrs-full_CurrentProvisions" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Current provisions</link:label>
    <link:label id="lab_ifrs-full_CurrentProvisions_label_en-US" xlink:label="lab_ifrs-full_CurrentProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current provisions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentProvisions"/>
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    <link:label id="lab_ifrs-full_AdjustmentsForFinanceCosts_9a53156a-e81b-4fb3-ac52-4958253c4842_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForFinanceCosts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Finance expense</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForFinanceCosts_b0ca4ef3-6497-4f81-86e0-4956366ee532_verboseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForFinanceCosts" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Fair value change - Earn-out rights</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForFinanceCosts_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForFinanceCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for finance costs</link:label>
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    <link:label id="lab_psny_ContractLiabilitiesSettledDuringThePeriod_ad26e448-1843-4a33-a483-32a166b0b203_negatedTerseLabel_en-US" xlink:label="lab_psny_ContractLiabilitiesSettledDuringThePeriod" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Contract Liabilities Settled During The Period</link:label>
    <link:label id="lab_psny_ContractLiabilitiesSettledDuringThePeriod_label_en-US" xlink:label="lab_psny_ContractLiabilitiesSettledDuringThePeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract Liabilities Settled During The Period</link:label>
    <link:label id="lab_psny_ContractLiabilitiesSettledDuringThePeriod_documentation_en-US" xlink:label="lab_psny_ContractLiabilitiesSettledDuringThePeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contract Liabilities Settled During The Period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ContractLiabilitiesSettledDuringThePeriod" xlink:href="psny-20240630.xsd#psny_ContractLiabilitiesSettledDuringThePeriod"/>
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    <link:label id="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems_fc05d236-5fef-4193-a76e-d483b9af9393_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems"/>
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    <link:label id="lab_ifrs-full_DisclosureOfIntangibleAssetsExplanatory_a0fd7750-0bac-4d1f-b361-1e5a9d9a8b9b_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intangible assets and goodwill</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfIntangibleAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of intangible assets [text block]</link:label>
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    <link:label id="lab_psny_CashAndCashEquivalentsRestrictedMember_b8c741e0-a59e-484e-922c-b65c98d1a31b_terseLabel_en-US" xlink:label="lab_psny_CashAndCashEquivalentsRestrictedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
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    <link:label id="lab_psny_AdvancePaymentFromCustomersMember_47dfb17c-959d-421c-8873-cae06e9b06bf_terseLabel_en-US" xlink:label="lab_psny_AdvancePaymentFromCustomersMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other current liabilities and other current liabilities - related parties - (Restated)</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_psny_AdvancePaymentFromCustomersMember" xlink:href="psny-20240630.xsd#psny_AdvancePaymentFromCustomersMember"/>
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    <link:label id="lab_ifrs-full_PropertyPlantAndEquipmentMember_fd1e0bc6-2f9d-4812-8d9e-6e98fac99604_terseLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment</link:label>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipmentMember_label_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, plant and equipment [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PropertyPlantAndEquipmentMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PropertyPlantAndEquipmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PropertyPlantAndEquipmentMember" xlink:to="lab_ifrs-full_PropertyPlantAndEquipmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment_bda351b5-4943-4a1a-bd85-ea580291eba3_terseLabel_en-US" xlink:label="lab_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commitments to acquire PPE</link:label>
    <link:label id="lab_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contractual commitments for acquisition of property, plant and equipment</link:label>
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    <link:label id="lab_ifrs-full_ProfitLossFromOperatingActivities_3fcff2c0-d9e2-4c0e-8d7d-98b69043d705_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossFromOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Profit (loss) from operating activities</link:label>
    <link:label id="lab_ifrs-full_ProfitLossFromOperatingActivities_label_en-US" xlink:label="lab_ifrs-full_ProfitLossFromOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss) from operating activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLossFromOperatingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProfitLossFromOperatingActivities"/>
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    <link:label id="lab_ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_bc5b3a49-6fc7-466d-a2bc-0dbc17b0030d_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Taxes paid</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_a76cca23-8598-464b-a1ed-1f21c0fa3bc2_negatedLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Proceeds from the sale of property, plant and equipment</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income taxes paid (refund), classified as operating activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities"/>
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    <link:label id="lab_psny_VolvoCarFinancialServicesUKMember_9fcbfb07-d977-4eb3-a434-f3b66d6438f6_terseLabel_en-US" xlink:label="lab_psny_VolvoCarFinancialServicesUKMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Volvo Car Financial Services UK</link:label>
    <link:label id="lab_psny_VolvoCarFinancialServicesUKMember_label_en-US" xlink:label="lab_psny_VolvoCarFinancialServicesUKMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Volvo Car Financial Services UK [Member]</link:label>
    <link:label id="lab_psny_VolvoCarFinancialServicesUKMember_documentation_en-US" xlink:label="lab_psny_VolvoCarFinancialServicesUKMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Volvo Car Financial Services UK</link:label>
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    <link:label id="lab_psny_DeferredTaxesAndIncomeTaxesNetIncomeReductionLoss_ff44a68c-8d42-4a2d-b698-d57197a1090c_terseLabel_en-US" xlink:label="lab_psny_DeferredTaxesAndIncomeTaxesNetIncomeReductionLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred taxes and income taxes</link:label>
    <link:label id="lab_psny_DeferredTaxesAndIncomeTaxesNetIncomeReductionLoss_label_en-US" xlink:label="lab_psny_DeferredTaxesAndIncomeTaxesNetIncomeReductionLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Taxes And Income Taxes Net Income Reduction Loss</link:label>
    <link:label id="lab_psny_DeferredTaxesAndIncomeTaxesNetIncomeReductionLoss_documentation_en-US" xlink:label="lab_psny_DeferredTaxesAndIncomeTaxesNetIncomeReductionLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Taxes And Income Taxes Net Income Reduction Loss</link:label>
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    <link:label id="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_2c6929e3-eac7-44c1-b61c-04a89d748c4d_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of property, plant and equipment [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of property, plant and equipment [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis"/>
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    <link:label id="lab_ifrs-full_FinanceCosts_328a5528-7411-4e76-baa8-f4fa317e9a35_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_FinanceCosts" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Finance expense</link:label>
    <link:label id="lab_ifrs-full_FinanceCosts_89bf11d6-a263-4091-9bc3-d8e9ccb88dbc_terseLabel_en-US" xlink:label="lab_ifrs-full_FinanceCosts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">The Group's share of losses in Polestar Times Technology</link:label>
    <link:label id="lab_ifrs-full_FinanceCosts_31749df0-2439-45d8-9764-86d421225fee_negatedLabel_en-US" xlink:label="lab_ifrs-full_FinanceCosts" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Fair value change - Earn-out rights</link:label>
    <link:label id="lab_ifrs-full_FinanceCosts_label_en-US" xlink:label="lab_ifrs-full_FinanceCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finance costs</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinanceCosts" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_FinanceCosts"/>
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    <link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_77c93006-a712-44cd-846b-6cc8e564121f_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of transactions between related parties</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of transactions between related parties [text block]</link:label>
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    <link:label id="lab_psny_BatteryVolumeCommitmentsPS2Member_925c0bf3-2116-499a-89eb-7a520f988a96_terseLabel_en-US" xlink:label="lab_psny_BatteryVolumeCommitmentsPS2Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">PS2 battery purchase volume commitments</link:label>
    <link:label id="lab_psny_BatteryVolumeCommitmentsPS2Member_label_en-US" xlink:label="lab_psny_BatteryVolumeCommitmentsPS2Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Battery Volume Commitments PS 2 [Member]</link:label>
    <link:label id="lab_psny_BatteryVolumeCommitmentsPS2Member_documentation_en-US" xlink:label="lab_psny_BatteryVolumeCommitmentsPS2Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Battery Volume Commitments PS 2</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_BatteryVolumeCommitmentsPS2Member" xlink:href="psny-20240630.xsd#psny_BatteryVolumeCommitmentsPS2Member"/>
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    <link:label id="lab_ifrs-full_InterestExpense_61e16669-fa96-45cc-ab17-28ab822c4aef_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest expense - related parties</link:label>
    <link:label id="lab_ifrs-full_InterestExpense_label_en-US" xlink:label="lab_ifrs-full_InterestExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_InterestExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestExpense" xlink:to="lab_ifrs-full_InterestExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_3c2e7243-c5ce-42ee-8e7b-83b6489052ac_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from investing activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_4b4e4d0d-90db-496a-8796-9b69e16dda1c_verboseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from financing activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) investing activities [abstract]</link:label>
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    <link:label id="lab_psny_A12MonthSecuredOvernightFinancingRatePlus0.65Member_77443c5f-9658-4df6-8891-5772fd9290f5_terseLabel_en-US" xlink:label="lab_psny_A12MonthSecuredOvernightFinancingRatePlus0.65Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">12 Month Secured Overnight Financing Rate Plus 0.65%</link:label>
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    <link:label id="lab_psny_A12MonthSecuredOvernightFinancingRatePlus0.65Member_documentation_en-US" xlink:label="lab_psny_A12MonthSecuredOvernightFinancingRatePlus0.65Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">12 Month Secured Overnight Financing Rate Plus 0.65%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_A12MonthSecuredOvernightFinancingRatePlus0.65Member" xlink:href="psny-20240630.xsd#psny_A12MonthSecuredOvernightFinancingRatePlus0.65Member"/>
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    <link:label id="lab_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_740e7fa6-3846-4f44-a647-40e83aa422f3_negatedLabel_en-US" xlink:label="lab_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Payments of lease liabilities, classified as financing activities</link:label>
    <link:label id="lab_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments of lease liabilities, classified as financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities"/>
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    <link:label id="lab_ifrs-full_DisclosureOfInventoriesExplanatory_90812f8f-f5ab-4010-93c4-886f22755e80_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInventoriesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inventories</link:label>
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    <link:label id="lab_psny_RevolvingCreditFacilitiesMember_f2517ade-b3c6-4ac8-be4b-948344c1cd4a_terseLabel_en-US" xlink:label="lab_psny_RevolvingCreditFacilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revolving Credit Facility</link:label>
    <link:label id="lab_psny_RevolvingCreditFacilitiesMember_label_en-US" xlink:label="lab_psny_RevolvingCreditFacilitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revolving Credit Facilities [Member]</link:label>
    <link:label id="lab_psny_RevolvingCreditFacilitiesMember_documentation_en-US" xlink:label="lab_psny_RevolvingCreditFacilitiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revolving Credit Facilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_RevolvingCreditFacilitiesMember" xlink:href="psny-20240630.xsd#psny_RevolvingCreditFacilitiesMember"/>
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    <link:label id="lab_country_DE_011a4068-a0c8-4359-b32b-25eeb0836fc8_terseLabel_en-US" xlink:label="lab_country_DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Germany</link:label>
    <link:label id="lab_country_DE_label_en-US" xlink:label="lab_country_DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">GERMANY</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_DE" xlink:href="https://xbrl.sec.gov/country/2024/country-2024.xsd#country_DE"/>
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    <link:label id="lab_country_DK_bc7ef879-15d4-4c36-a1c9-2e2c53b18a83_terseLabel_en-US" xlink:label="lab_country_DK" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Denmark</link:label>
    <link:label id="lab_country_DK_label_en-US" xlink:label="lab_country_DK" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">DENMARK</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_DK" xlink:href="https://xbrl.sec.gov/country/2024/country-2024.xsd#country_DK"/>
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    <link:label id="lab_psny_DescriptionOfAccountingPolicyForUseOfEstimatesAndJudgmentsPolicyTextBlock_4c41f8b3-5be1-4c7d-b8b3-c472b3a32159_terseLabel_en-US" xlink:label="lab_psny_DescriptionOfAccountingPolicyForUseOfEstimatesAndJudgmentsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounting policies and use of estimates and judgements</link:label>
    <link:label id="lab_psny_DescriptionOfAccountingPolicyForUseOfEstimatesAndJudgmentsPolicyTextBlock_label_en-US" xlink:label="lab_psny_DescriptionOfAccountingPolicyForUseOfEstimatesAndJudgmentsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description Of Accounting Policy For Use Of Estimates And Judgments [Policy Text Block]</link:label>
    <link:label id="lab_psny_DescriptionOfAccountingPolicyForUseOfEstimatesAndJudgmentsPolicyTextBlock_documentation_en-US" xlink:label="lab_psny_DescriptionOfAccountingPolicyForUseOfEstimatesAndJudgmentsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Description Of Accounting Policy For Use Of Estimates And Judgments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_DescriptionOfAccountingPolicyForUseOfEstimatesAndJudgmentsPolicyTextBlock" xlink:href="psny-20240630.xsd#psny_DescriptionOfAccountingPolicyForUseOfEstimatesAndJudgmentsPolicyTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_DescriptionOfAccountingPolicyForUseOfEstimatesAndJudgmentsPolicyTextBlock" xlink:to="lab_psny_DescriptionOfAccountingPolicyForUseOfEstimatesAndJudgmentsPolicyTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentLeaseLiabilities_4a92ab68-9b9b-4d2c-96ae-05d16c056be9_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current lease liability</link:label>
    <link:label id="lab_ifrs-full_NoncurrentLeaseLiabilities_label_en-US" xlink:label="lab_ifrs-full_NoncurrentLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current lease liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentLeaseLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NoncurrentLeaseLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentLeaseLiabilities" xlink:to="lab_ifrs-full_NoncurrentLeaseLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities_b31bfff3-b6a5-4272-8105-0a4525722796_totalLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Cash provided by financing activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentAssetsAbstract_8b6ef1ea-a592-48ef-9f33-4c81b1659caf_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current assets</link:label>
    <link:label id="lab_ifrs-full_NoncurrentAssetsAbstract_06951bbf-7f3d-4439-9b3e-419a42e79d6a_verboseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Non-current assets</link:label>
    <link:label id="lab_ifrs-full_NoncurrentAssetsAbstract_label_en-US" xlink:label="lab_ifrs-full_NoncurrentAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current assets [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentAssetsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NoncurrentAssetsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentAssetsAbstract" xlink:to="lab_ifrs-full_NoncurrentAssetsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipmentIncludingRightofuseAssets_e3bae074-10a8-438a-9707-6c5a46da48c8_periodStartLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentIncludingRightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment including right-of-use assets at beginning of period</link:label>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipmentIncludingRightofuseAssets_64a2290d-d67b-4a47-812d-1e8a8c411614_periodEndLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentIncludingRightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment including right-of-use assets at end of period</link:label>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipmentIncludingRightofuseAssets_5fe6208c-cef4-484e-9062-6152524d721b_terseLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentIncludingRightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment including right-of-use assets</link:label>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipmentIncludingRightofuseAssets_label_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentIncludingRightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, plant and equipment including right-of-use assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PropertyPlantAndEquipmentIncludingRightofuseAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PropertyPlantAndEquipmentIncludingRightofuseAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PropertyPlantAndEquipmentIncludingRightofuseAssets" xlink:to="lab_ifrs-full_PropertyPlantAndEquipmentIncludingRightofuseAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_ReverseRecapitalizationAbstract_label_en-US" xlink:label="lab_psny_ReverseRecapitalizationAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reverse Recapitalization [Abstract]</link:label>
    <link:label id="lab_psny_ReverseRecapitalizationAbstract_documentation_en-US" xlink:label="lab_psny_ReverseRecapitalizationAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reverse Recapitalization [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ReverseRecapitalizationAbstract" xlink:href="psny-20240630.xsd#psny_ReverseRecapitalizationAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_ReverseRecapitalizationAbstract" xlink:to="lab_psny_ReverseRecapitalizationAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_DisclosureOfListOfAccountingPoliciesAbstract_label_en-US" xlink:label="lab_psny_DisclosureOfListOfAccountingPoliciesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of List Of Accounting Policies [Abstract]</link:label>
    <link:label id="lab_psny_DisclosureOfListOfAccountingPoliciesAbstract_documentation_en-US" xlink:label="lab_psny_DisclosureOfListOfAccountingPoliciesAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accounting Policies [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_DisclosureOfListOfAccountingPoliciesAbstract" xlink:href="psny-20240630.xsd#psny_DisclosureOfListOfAccountingPoliciesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_DisclosureOfListOfAccountingPoliciesAbstract" xlink:to="lab_psny_DisclosureOfListOfAccountingPoliciesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GeographicalAreasAxis_fabdebea-6c79-4da2-a8f7-9c5952a9ef49_terseLabel_en-US" xlink:label="lab_ifrs-full_GeographicalAreasAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Geographical areas [axis]</link:label>
    <link:label id="lab_ifrs-full_GeographicalAreasAxis_label_en-US" xlink:label="lab_ifrs-full_GeographicalAreasAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographical areas [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GeographicalAreasAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_GeographicalAreasAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GeographicalAreasAxis" xlink:to="lab_ifrs-full_GeographicalAreasAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_OtherContributedCapital_8d04b702-92c3-440a-9fad-32024a5a07b4_negatedTerseLabel_en-US" xlink:label="lab_psny_OtherContributedCapital" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Other contributed capital</link:label>
    <link:label id="lab_psny_OtherContributedCapital_30c563a4-cda6-48d0-8cc7-b611335a0fc3_terseLabel_en-US" xlink:label="lab_psny_OtherContributedCapital" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Less capital reserves</link:label>
    <link:label id="lab_psny_OtherContributedCapital_947c7bed-11db-4a59-a04a-97eaf1206eb6_negatedLabel_en-US" xlink:label="lab_psny_OtherContributedCapital" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other contributed capital</link:label>
    <link:label id="lab_psny_OtherContributedCapital_label_en-US" xlink:label="lab_psny_OtherContributedCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Contributed Capital</link:label>
    <link:label id="lab_psny_OtherContributedCapital_documentation_en-US" xlink:label="lab_psny_OtherContributedCapital" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Contributed Capital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_OtherContributedCapital" xlink:href="psny-20240630.xsd#psny_OtherContributedCapital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_OtherContributedCapital" xlink:to="lab_psny_OtherContributedCapital" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory_c1fe025b-0d5e-4b17-bde3-a83691b0a823_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of classes of share capital</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of classes of share capital [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory" xlink:to="lab_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_3655ec0d-1320-4a4a-9277-8b9624e7e28c_terseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale of property, plant, and equipment</link:label>
    <link:label id="lab_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from sales of property, plant and equipment, classified as investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="lab_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EquityAbstract_d0bb1ff3-2221-4de0-a93e-dcd365a58207_terseLabel_en-US" xlink:label="lab_ifrs-full_EquityAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity</link:label>
    <link:label id="lab_ifrs-full_EquityAbstract_label_en-US" xlink:label="lab_ifrs-full_EquityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_EquityAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAbstract" xlink:to="lab_ifrs-full_EquityAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentAssets_086b662c-42d9-4eae-bbe7-88b5d0ad5c19_totalLabel_en-US" xlink:label="lab_ifrs-full_CurrentAssets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total current assets</link:label>
    <link:label id="lab_ifrs-full_CurrentAssets_2006d2f7-598f-4cd9-9417-c042a9a4e1fe_negatedLabel_en-US" xlink:label="lab_ifrs-full_CurrentAssets" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Current assets</link:label>
    <link:label id="lab_ifrs-full_CurrentAssets_label_en-US" xlink:label="lab_ifrs-full_CurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentAssets" xlink:to="lab_ifrs-full_CurrentAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_April12MonthLoanPrimeRatePlus0.35Member_1c8ccf95-2dcd-46c8-8522-dd0e64366696_terseLabel_en-US" xlink:label="lab_psny_April12MonthLoanPrimeRatePlus0.35Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">April 12 Month Loan Prime Rate Plus 0.35%</link:label>
    <link:label id="lab_psny_April12MonthLoanPrimeRatePlus0.35Member_label_en-US" xlink:label="lab_psny_April12MonthLoanPrimeRatePlus0.35Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">April 12 Month Loan Prime Rate Plus 0.35% [Member]</link:label>
    <link:label id="lab_psny_April12MonthLoanPrimeRatePlus0.35Member_documentation_en-US" xlink:label="lab_psny_April12MonthLoanPrimeRatePlus0.35Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">April 12 Month Loan Prime Rate Plus 0.35%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_April12MonthLoanPrimeRatePlus0.35Member" xlink:href="psny-20240630.xsd#psny_April12MonthLoanPrimeRatePlus0.35Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_April12MonthLoanPrimeRatePlus0.35Member" xlink:to="lab_psny_April12MonthLoanPrimeRatePlus0.35Member" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_LeaseLiabilityPaymentDue_1f6be127-6713-4a16-99b3-189190024cfe_terseLabel_en-US" xlink:label="lab_psny_LeaseLiabilityPaymentDue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lease liability, payment, due</link:label>
    <link:label id="lab_psny_LeaseLiabilityPaymentDue_label_en-US" xlink:label="lab_psny_LeaseLiabilityPaymentDue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lease Liability, Payment, Due</link:label>
    <link:label id="lab_psny_LeaseLiabilityPaymentDue_documentation_en-US" xlink:label="lab_psny_LeaseLiabilityPaymentDue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Lease Liability, Payment, Due</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_LeaseLiabilityPaymentDue" xlink:href="psny-20240630.xsd#psny_LeaseLiabilityPaymentDue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_LeaseLiabilityPaymentDue" xlink:to="lab_psny_LeaseLiabilityPaymentDue" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfContractsAxis_db6022b1-2f04-438c-b899-e65240335f2f_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfContractsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of contracts [axis]</link:label>
    <link:label id="lab_ifrs-full_TypesOfContractsAxis_label_en-US" xlink:label="lab_ifrs-full_TypesOfContractsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of contracts [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfContractsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TypesOfContractsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfContractsAxis" xlink:to="lab_ifrs-full_TypesOfContractsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_AccrualsAndDeferralsNetIncomeReductionLoss_d807c2ad-06e1-4fa1-9148-1ff2fab8e1d3_terseLabel_en-US" xlink:label="lab_psny_AccrualsAndDeferralsNetIncomeReductionLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accruals and deferrals</link:label>
    <link:label id="lab_psny_AccrualsAndDeferralsNetIncomeReductionLoss_label_en-US" xlink:label="lab_psny_AccrualsAndDeferralsNetIncomeReductionLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accruals And Deferrals Net Income Reduction Loss</link:label>
    <link:label id="lab_psny_AccrualsAndDeferralsNetIncomeReductionLoss_documentation_en-US" xlink:label="lab_psny_AccrualsAndDeferralsNetIncomeReductionLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accruals And Deferrals Net Income Reduction Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_AccrualsAndDeferralsNetIncomeReductionLoss" xlink:href="psny-20240630.xsd#psny_AccrualsAndDeferralsNetIncomeReductionLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_AccrualsAndDeferralsNetIncomeReductionLoss" xlink:to="lab_psny_AccrualsAndDeferralsNetIncomeReductionLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BusinessCombinationsDomain_4b55253d-2f94-4bae-a794-f7af7599e912_terseLabel_en-US" xlink:label="lab_ifrs-full_BusinessCombinationsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business combinations</link:label>
    <link:label id="lab_ifrs-full_BusinessCombinationsDomain_label_en-US" xlink:label="lab_ifrs-full_BusinessCombinationsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business combinations [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BusinessCombinationsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_BusinessCombinationsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BusinessCombinationsDomain" xlink:to="lab_ifrs-full_BusinessCombinationsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_CashFlowStatementLocationDomain_b3d90181-9440-45d9-91fa-f9ad677a7792_terseLabel_en-US" xlink:label="lab_psny_CashFlowStatementLocationDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash Flow Statement Location [Domain]</link:label>
    <link:label id="lab_psny_CashFlowStatementLocationDomain_label_en-US" xlink:label="lab_psny_CashFlowStatementLocationDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Flow Statement Location [Domain]</link:label>
    <link:label id="lab_psny_CashFlowStatementLocationDomain_documentation_en-US" xlink:label="lab_psny_CashFlowStatementLocationDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cash Flow Statement Location [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_CashFlowStatementLocationDomain" xlink:href="psny-20240630.xsd#psny_CashFlowStatementLocationDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_CashFlowStatementLocationDomain" xlink:to="lab_psny_CashFlowStatementLocationDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_country_KR_bb4d3ef6-a1fb-4746-8abd-c912006216ac_terseLabel_en-US" xlink:label="lab_country_KR" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Korea</link:label>
    <link:label id="lab_country_KR_label_en-US" xlink:label="lab_country_KR" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">KOREA, REPUBLIC OF</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_KR" xlink:href="https://xbrl.sec.gov/country/2024/country-2024.xsd#country_KR"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_KR" xlink:to="lab_country_KR" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory_89da220f-0af7-462b-bc35-d1ce7d83d041_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent events</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of events after reporting period [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:to="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentTaxAssets_72c0dba5-6ab5-4667-a817-bb679c0eab8f_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentTaxAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current tax assets</link:label>
    <link:label id="lab_ifrs-full_CurrentTaxAssets_e7917f84-ec6d-430d-8c1d-65e5a7f7c134_verboseLabel_en-US" xlink:label="lab_ifrs-full_CurrentTaxAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Current tax assets</link:label>
    <link:label id="lab_ifrs-full_CurrentTaxAssets_label_en-US" xlink:label="lab_ifrs-full_CurrentTaxAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current tax assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentTaxAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentTaxAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentTaxAssets" xlink:to="lab_ifrs-full_CurrentTaxAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_LaunchVehiclesPS3Member_4f6d418e-7329-4822-885c-5ed6b8e77f56_terseLabel_en-US" xlink:label="lab_psny_LaunchVehiclesPS3Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other commitments</link:label>
    <link:label id="lab_psny_LaunchVehiclesPS3Member_label_en-US" xlink:label="lab_psny_LaunchVehiclesPS3Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Launch Vehicles PS 3 [Member]</link:label>
    <link:label id="lab_psny_LaunchVehiclesPS3Member_documentation_en-US" xlink:label="lab_psny_LaunchVehiclesPS3Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Launch Vehicles PS 3</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_LaunchVehiclesPS3Member" xlink:href="psny-20240630.xsd#psny_LaunchVehiclesPS3Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_LaunchVehiclesPS3Member" xlink:to="lab_psny_LaunchVehiclesPS3Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProductsAndServicesDomain_cb05371f-b0bf-4af4-bfa1-09f2b6e93803_terseLabel_en-US" xlink:label="lab_ifrs-full_ProductsAndServicesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Products and services [domain]</link:label>
    <link:label id="lab_ifrs-full_ProductsAndServicesDomain_label_en-US" xlink:label="lab_ifrs-full_ProductsAndServicesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Products and services [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProductsAndServicesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProductsAndServicesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProductsAndServicesDomain" xlink:to="lab_ifrs-full_ProductsAndServicesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialAssetsDomain_426934ac-7b02-41b2-a55f-b1e0dfa92fe7_terseLabel_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Categories of financial assets</link:label>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialAssetsDomain_label_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Categories of financial assets [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CategoriesOfFinancialAssetsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CategoriesOfFinancialAssetsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfFinancialAssetsDomain" xlink:to="lab_ifrs-full_CategoriesOfFinancialAssetsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract_47d86604-67db-4de3-b905-aee6b0de6602_terseLabel_en-US" xlink:label="lab_ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reconciliation of changes in property, plant and equipment [abstract]</link:label>
    <link:label id="lab_ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract_label_en-US" xlink:label="lab_ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reconciliation of changes in property, plant and equipment [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract" xlink:to="lab_ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_DividendYieldShareOptionsGranted_4ca40982-4aaa-48cb-96a2-644aa8269e75_terseLabel_en-US" xlink:label="lab_psny_DividendYieldShareOptionsGranted" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividend yield, share options granted</link:label>
    <link:label id="lab_psny_DividendYieldShareOptionsGranted_label_en-US" xlink:label="lab_psny_DividendYieldShareOptionsGranted" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividend Yield, Share Options Granted</link:label>
    <link:label id="lab_psny_DividendYieldShareOptionsGranted_documentation_en-US" xlink:label="lab_psny_DividendYieldShareOptionsGranted" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dividend Yield, Share Options Granted</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_DividendYieldShareOptionsGranted" xlink:href="psny-20240630.xsd#psny_DividendYieldShareOptionsGranted"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_DividendYieldShareOptionsGranted" xlink:to="lab_psny_DividendYieldShareOptionsGranted" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_ManufacturingCommitmentsPS3AndPS4Member_bdbca5bd-8fb5-43cf-89f3-c61aa350daf0_terseLabel_en-US" xlink:label="lab_psny_ManufacturingCommitmentsPS3AndPS4Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">PS3 and PS4 purchase volume commitments - (Restated)</link:label>
    <link:label id="lab_psny_ManufacturingCommitmentsPS3AndPS4Member_label_en-US" xlink:label="lab_psny_ManufacturingCommitmentsPS3AndPS4Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Manufacturing Commitments PS 3 and PS4 [Member]</link:label>
    <link:label id="lab_psny_ManufacturingCommitmentsPS3AndPS4Member_documentation_en-US" xlink:label="lab_psny_ManufacturingCommitmentsPS3AndPS4Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Manufacturing Commitments PS 3 and PS4</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ManufacturingCommitmentsPS3AndPS4Member" xlink:href="psny-20240630.xsd#psny_ManufacturingCommitmentsPS3AndPS4Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_ManufacturingCommitmentsPS3AndPS4Member" xlink:to="lab_psny_ManufacturingCommitmentsPS3AndPS4Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable_37095289-5527-4c1a-a0ac-6e5f391a5dca_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of transactions between related parties [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of transactions between related parties [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityCentralIndexKey_968f6db8-4c09-4c07-87e1-3772cdbc3e7f_terseLabel_en-US" xlink:label="lab_dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:label id="lab_dei_EntityCentralIndexKey_label_en-US" xlink:label="lab_dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityCentralIndexKey"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCentralIndexKey" xlink:to="lab_dei_EntityCentralIndexKey" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisposalsPropertyPlantAndEquipment_b3707cda-7af4-4c29-9e43-6325e9a2571f_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Divestments and disposals</link:label>
    <link:label id="lab_ifrs-full_DisposalsPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposals, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisposalsPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_LoanPrimeRateMember_69b761a5-8b0f-4398-8755-822680840cd5_terseLabel_en-US" xlink:label="lab_psny_LoanPrimeRateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loan Prime Rate</link:label>
    <link:label id="lab_psny_LoanPrimeRateMember_label_en-US" xlink:label="lab_psny_LoanPrimeRateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loan Prime Rate [Member]</link:label>
    <link:label id="lab_psny_LoanPrimeRateMember_documentation_en-US" xlink:label="lab_psny_LoanPrimeRateMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loan Prime Rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_LoanPrimeRateMember" xlink:href="psny-20240630.xsd#psny_LoanPrimeRateMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_LoanPrimeRateMember" xlink:to="lab_psny_LoanPrimeRateMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_UnrelatedCustomerMember_6cb5aaeb-bce3-4264-b9b2-d14abc2f1430_terseLabel_en-US" xlink:label="lab_psny_UnrelatedCustomerMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unrelated Customer</link:label>
    <link:label id="lab_psny_UnrelatedCustomerMember_label_en-US" xlink:label="lab_psny_UnrelatedCustomerMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrelated Customer [Member]</link:label>
    <link:label id="lab_psny_UnrelatedCustomerMember_documentation_en-US" xlink:label="lab_psny_UnrelatedCustomerMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unrelated Customer</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_UnrelatedCustomerMember" xlink:href="psny-20240630.xsd#psny_UnrelatedCustomerMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_UnrelatedCustomerMember" xlink:to="lab_psny_UnrelatedCustomerMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_SoftwareAndPerformanceEngineeredKitsMember_34289ed0-177a-4412-af8a-21c0f9f031d5_terseLabel_en-US" xlink:label="lab_psny_SoftwareAndPerformanceEngineeredKitsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sales of software and performance engineered kits</link:label>
    <link:label id="lab_psny_SoftwareAndPerformanceEngineeredKitsMember_label_en-US" xlink:label="lab_psny_SoftwareAndPerformanceEngineeredKitsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Software And Performance Engineered Kits [Member]</link:label>
    <link:label id="lab_psny_SoftwareAndPerformanceEngineeredKitsMember_documentation_en-US" xlink:label="lab_psny_SoftwareAndPerformanceEngineeredKitsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Software And Performance Engineered Kits</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_SoftwareAndPerformanceEngineeredKitsMember" xlink:href="psny-20240630.xsd#psny_SoftwareAndPerformanceEngineeredKitsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_SoftwareAndPerformanceEngineeredKitsMember" xlink:to="lab_psny_SoftwareAndPerformanceEngineeredKitsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_b42475d1-8a1d-4eb9-964f-ff16d03f044d_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of property, plant and equipment [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:to="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NumberOfPotentialOrdinarySharesThatAreAntidilutiveInPeriodPresented_430858f7-4daf-4b88-a4a9-3e158838cb19_terseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfPotentialOrdinarySharesThatAreAntidilutiveInPeriodPresented" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total antidilutive shares (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfPotentialOrdinarySharesThatAreAntidilutiveInPeriodPresented_label_en-US" xlink:label="lab_ifrs-full_NumberOfPotentialOrdinarySharesThatAreAntidilutiveInPeriodPresented" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of potential ordinary shares that are antidilutive in period presented</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfPotentialOrdinarySharesThatAreAntidilutiveInPeriodPresented" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NumberOfPotentialOrdinarySharesThatAreAntidilutiveInPeriodPresented"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfPotentialOrdinarySharesThatAreAntidilutiveInPeriodPresented" xlink:to="lab_ifrs-full_NumberOfPotentialOrdinarySharesThatAreAntidilutiveInPeriodPresented" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems_e6ea6752-1223-4ad8-a9c4-197aef142a9c_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of maturity analysis of operating lease payments [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of maturity analysis of operating lease payments [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems"/>
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    <link:label id="lab_psny_DisclosureOfActivityRelatedOfInvestmentTableTextBlock_30f02415-40c7-43df-8e24-2f4d90a09b2a_terseLabel_en-US" xlink:label="lab_psny_DisclosureOfActivityRelatedOfInvestmentTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Activity Related Of Investment</link:label>
    <link:label id="lab_psny_DisclosureOfActivityRelatedOfInvestmentTableTextBlock_label_en-US" xlink:label="lab_psny_DisclosureOfActivityRelatedOfInvestmentTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Activity Related Of Investment [Table Text Block]</link:label>
    <link:label id="lab_psny_DisclosureOfActivityRelatedOfInvestmentTableTextBlock_documentation_en-US" xlink:label="lab_psny_DisclosureOfActivityRelatedOfInvestmentTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Activity Related Of Investment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_DisclosureOfActivityRelatedOfInvestmentTableTextBlock" xlink:href="psny-20240630.xsd#psny_DisclosureOfActivityRelatedOfInvestmentTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_DisclosureOfActivityRelatedOfInvestmentTableTextBlock" xlink:to="lab_psny_DisclosureOfActivityRelatedOfInvestmentTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipment_c5267167-c2e6-48ac-9209-374a374bfb73_terseLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, plant, and equipment</link:label>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipment_377c49a8-1f1d-44da-add7-99e03ceeb949_verboseLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment</link:label>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PropertyPlantAndEquipment" xlink:to="lab_ifrs-full_PropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_GroupShareOfNetLiabilities_1fae5da2-877d-4d9e-b7ec-e801b7b1d91e_negatedTerseLabel_en-US" xlink:label="lab_psny_GroupShareOfNetLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">The Group's share of net liabilities</link:label>
    <link:label id="lab_psny_GroupShareOfNetLiabilities_label_en-US" xlink:label="lab_psny_GroupShareOfNetLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Group Share Of Net Liabilities</link:label>
    <link:label id="lab_psny_GroupShareOfNetLiabilities_documentation_en-US" xlink:label="lab_psny_GroupShareOfNetLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Group Share Of Net Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_GroupShareOfNetLiabilities" xlink:href="psny-20240630.xsd#psny_GroupShareOfNetLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_GroupShareOfNetLiabilities" xlink:to="lab_psny_GroupShareOfNetLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BorrowingsInterestRate_015f689c-88b7-4860-be33-56f3f1c346c2_terseLabel_en-US" xlink:label="lab_ifrs-full_BorrowingsInterestRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowings, interest rate</link:label>
    <link:label id="lab_ifrs-full_BorrowingsInterestRate_label_en-US" xlink:label="lab_ifrs-full_BorrowingsInterestRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings, interest rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BorrowingsInterestRate" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_BorrowingsInterestRate"/>
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    <link:label id="lab_ifrs-full_WritedownsReversalsOfInventories_dae003c0-509e-4554-a047-1358b7438403_terseLabel_en-US" xlink:label="lab_ifrs-full_WritedownsReversalsOfInventories" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Write-downs (reversals of write-downs) of inventories</link:label>
    <link:label id="lab_ifrs-full_WritedownsReversalsOfInventories_label_en-US" xlink:label="lab_ifrs-full_WritedownsReversalsOfInventories" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Write-downs (reversals of write-downs) of inventories</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_WritedownsReversalsOfInventories" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_WritedownsReversalsOfInventories"/>
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    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory_e2f335c3-3e5b-4ac3-b8a0-3743293f0012_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value measurement</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for fair value measurement [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentAssetsAbstract_dee308fb-c1a7-4f89-8b13-fe6cb6bf7028_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current assets</link:label>
    <link:label id="lab_ifrs-full_CurrentAssetsAbstract_81a502a4-1efd-48a5-a2c5-dd643a360b23_verboseLabel_en-US" xlink:label="lab_ifrs-full_CurrentAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Current assets</link:label>
    <link:label id="lab_ifrs-full_CurrentAssetsAbstract_label_en-US" xlink:label="lab_ifrs-full_CurrentAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current assets [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentAssetsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentAssetsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentAssetsAbstract" xlink:to="lab_ifrs-full_CurrentAssetsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfContingentLiabilitiesDomain_c1a5db3d-e7ff-4015-a8a4-a3fe8dff7c55_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfContingentLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of contingent liabilities [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfContingentLiabilitiesDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfContingentLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of contingent liabilities [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfContingentLiabilitiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ClassesOfContingentLiabilitiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfContingentLiabilitiesDomain" xlink:to="lab_ifrs-full_ClassesOfContingentLiabilitiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_DescriptionOfAccountingPolicyForBasisOfPreparationPolicyTextBlock_556da786-8dc5-48b1-b124-f3159d4d5c53_terseLabel_en-US" xlink:label="lab_psny_DescriptionOfAccountingPolicyForBasisOfPreparationPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Presentation, basis of consolidation, segment reporting, and foreign currency and restatement</link:label>
    <link:label id="lab_psny_DescriptionOfAccountingPolicyForBasisOfPreparationPolicyTextBlock_label_en-US" xlink:label="lab_psny_DescriptionOfAccountingPolicyForBasisOfPreparationPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description Of Accounting Policy For Basis Of Preparation [Policy Text Block]</link:label>
    <link:label id="lab_psny_DescriptionOfAccountingPolicyForBasisOfPreparationPolicyTextBlock_documentation_en-US" xlink:label="lab_psny_DescriptionOfAccountingPolicyForBasisOfPreparationPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Description Of Accounting Policy For Basis Of Preparation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_DescriptionOfAccountingPolicyForBasisOfPreparationPolicyTextBlock" xlink:href="psny-20240630.xsd#psny_DescriptionOfAccountingPolicyForBasisOfPreparationPolicyTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_DescriptionOfAccountingPolicyForBasisOfPreparationPolicyTextBlock" xlink:to="lab_psny_DescriptionOfAccountingPolicyForBasisOfPreparationPolicyTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CategoriesOfRelatedPartiesDomain_d336d77e-78a9-4348-b86d-02741b2daed3_terseLabel_en-US" xlink:label="lab_ifrs-full_CategoriesOfRelatedPartiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Categories of related parties</link:label>
    <link:label id="lab_ifrs-full_CategoriesOfRelatedPartiesDomain_label_en-US" xlink:label="lab_ifrs-full_CategoriesOfRelatedPartiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Categories of related parties [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CategoriesOfRelatedPartiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CategoriesOfRelatedPartiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfRelatedPartiesDomain" xlink:to="lab_ifrs-full_CategoriesOfRelatedPartiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_InvestmentInAffiliatesOutstandingBalance_d9cc1215-e230-4f4b-9253-b0cf06102801_periodStartLabel_en-US" xlink:label="lab_psny_InvestmentInAffiliatesOutstandingBalance" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
    <link:label id="lab_psny_InvestmentInAffiliatesOutstandingBalance_62fdccd1-b770-4e5a-8a65-977f2c88f82d_periodEndLabel_en-US" xlink:label="lab_psny_InvestmentInAffiliatesOutstandingBalance" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:label id="lab_psny_InvestmentInAffiliatesOutstandingBalance_label_en-US" xlink:label="lab_psny_InvestmentInAffiliatesOutstandingBalance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment In Affiliates, Outstanding Balance</link:label>
    <link:label id="lab_psny_InvestmentInAffiliatesOutstandingBalance_documentation_en-US" xlink:label="lab_psny_InvestmentInAffiliatesOutstandingBalance" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investment In Affiliates, Outstanding Balance</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_InvestmentInAffiliatesOutstandingBalance" xlink:href="psny-20240630.xsd#psny_InvestmentInAffiliatesOutstandingBalance"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_InvestmentInAffiliatesOutstandingBalance" xlink:to="lab_psny_InvestmentInAffiliatesOutstandingBalance" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RevenueAbstract_label_en-US" xlink:label="lab_ifrs-full_RevenueAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevenueAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_RevenueAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevenueAbstract" xlink:to="lab_ifrs-full_RevenueAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_RevisionOfPriorPeriodOriginallyRestatedMember_bdb285ee-5719-40d7-ac09-a215ecc38e30_terseLabel_en-US" xlink:label="lab_psny_RevisionOfPriorPeriodOriginallyRestatedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revision of Prior Period, Originally Restated</link:label>
    <link:label id="lab_psny_RevisionOfPriorPeriodOriginallyRestatedMember_label_en-US" xlink:label="lab_psny_RevisionOfPriorPeriodOriginallyRestatedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revision of Prior Period, Originally Restated [Member]</link:label>
    <link:label id="lab_psny_RevisionOfPriorPeriodOriginallyRestatedMember_documentation_en-US" xlink:label="lab_psny_RevisionOfPriorPeriodOriginallyRestatedMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revision of Prior Period, Originally Restated</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_RevisionOfPriorPeriodOriginallyRestatedMember" xlink:href="psny-20240630.xsd#psny_RevisionOfPriorPeriodOriginallyRestatedMember"/>
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    <link:label id="lab_psny_ClassC1AndClassC2SharesMember_2bc65b96-e800-496a-9197-b485699de41d_terseLabel_en-US" xlink:label="lab_psny_ClassC1AndClassC2SharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class C-1 and Class C-2 Shares</link:label>
    <link:label id="lab_psny_ClassC1AndClassC2SharesMember_label_en-US" xlink:label="lab_psny_ClassC1AndClassC2SharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class C-1 and Class C-2 Shares [Member]</link:label>
    <link:label id="lab_psny_ClassC1AndClassC2SharesMember_documentation_en-US" xlink:label="lab_psny_ClassC1AndClassC2SharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class C-1 and Class C-2 Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ClassC1AndClassC2SharesMember" xlink:href="psny-20240630.xsd#psny_ClassC1AndClassC2SharesMember"/>
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    <link:label id="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain_3a84add4-8fdc-48b7-9c18-ff4551c6e519_terseLabel_en-US" xlink:label="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-adjusting events after reporting period</link:label>
    <link:label id="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain_label_en-US" xlink:label="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-adjusting events after reporting period [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NonadjustingEventsAfterReportingPeriodDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:to="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ConcentrationsOfRiskDomain_c4459af2-9cd7-4063-9c11-55daec6155d2_terseLabel_en-US" xlink:label="lab_ifrs-full_ConcentrationsOfRiskDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Concentrations of risk</link:label>
    <link:label id="lab_ifrs-full_ConcentrationsOfRiskDomain_label_en-US" xlink:label="lab_ifrs-full_ConcentrationsOfRiskDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Concentrations of risk [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ConcentrationsOfRiskDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ConcentrationsOfRiskDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ConcentrationsOfRiskDomain" xlink:to="lab_ifrs-full_ConcentrationsOfRiskDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.2Member_8457f1f6-6a3f-4284-8bff-611c60d14f60_terseLabel_en-US" xlink:label="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.2Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">12 Month Secured Overnight Financing Rate Plus 1.2%</link:label>
    <link:label id="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.2Member_label_en-US" xlink:label="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.2Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">12 Month Secured Overnight Financing Rate Plus 1.2% [Member]</link:label>
    <link:label id="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.2Member_documentation_en-US" xlink:label="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.2Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">12 Month Secured Overnight Financing Rate Plus 1.2%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_A12MonthSecuredOvernightFinancingRatePlus1.2Member" xlink:href="psny-20240630.xsd#psny_A12MonthSecuredOvernightFinancingRatePlus1.2Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_A12MonthSecuredOvernightFinancingRatePlus1.2Member" xlink:to="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.2Member" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_CounterpartyNameAxis_789bc688-d3aa-40a9-b992-67eede23d10b_terseLabel_en-US" xlink:label="lab_srt_CounterpartyNameAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Counterparty Name [Axis]</link:label>
    <link:label id="lab_srt_CounterpartyNameAxis_label_en-US" xlink:label="lab_srt_CounterpartyNameAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Counterparty Name [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_CounterpartyNameAxis" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_CounterpartyNameAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_CounterpartyNameAxis" xlink:to="lab_srt_CounterpartyNameAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_DecreaseThroughRemeasurementLeaseLiabilities_e469237b-4c02-4cdb-946e-08e58d78a5a8_terseLabel_en-US" xlink:label="lab_psny_DecreaseThroughRemeasurementLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Remeasurement</link:label>
    <link:label id="lab_psny_DecreaseThroughRemeasurementLeaseLiabilities_label_en-US" xlink:label="lab_psny_DecreaseThroughRemeasurementLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease Through Remeasurement, Lease Liabilities</link:label>
    <link:label id="lab_psny_DecreaseThroughRemeasurementLeaseLiabilities_documentation_en-US" xlink:label="lab_psny_DecreaseThroughRemeasurementLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Decrease Through Remeasurement, Lease Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_DecreaseThroughRemeasurementLeaseLiabilities" xlink:href="psny-20240630.xsd#psny_DecreaseThroughRemeasurementLeaseLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_DecreaseThroughRemeasurementLeaseLiabilities" xlink:to="lab_psny_DecreaseThroughRemeasurementLeaseLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_CurrentLeaseLiabilitiesRelatedParty_37670541-dcf2-4d0d-87f2-9169c8117081_terseLabel_en-US" xlink:label="lab_psny_CurrentLeaseLiabilitiesRelatedParty" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current lease liabilities - related parties</link:label>
    <link:label id="lab_psny_CurrentLeaseLiabilitiesRelatedParty_label_en-US" xlink:label="lab_psny_CurrentLeaseLiabilitiesRelatedParty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Lease Liabilities - Related party</link:label>
    <link:label id="lab_psny_CurrentLeaseLiabilitiesRelatedParty_documentation_en-US" xlink:label="lab_psny_CurrentLeaseLiabilitiesRelatedParty" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Current Lease Liabilities - Related party</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_CurrentLeaseLiabilitiesRelatedParty" xlink:href="psny-20240630.xsd#psny_CurrentLeaseLiabilitiesRelatedParty"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_CurrentLeaseLiabilitiesRelatedParty" xlink:to="lab_psny_CurrentLeaseLiabilitiesRelatedParty" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CategoriesOfRelatedPartiesAxis_da57bfe3-d25e-4573-92f4-0a0a616ac254_terseLabel_en-US" xlink:label="lab_ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Categories of related parties [axis]</link:label>
    <link:label id="lab_ifrs-full_CategoriesOfRelatedPartiesAxis_label_en-US" xlink:label="lab_ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Categories of related parties [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CategoriesOfRelatedPartiesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:to="lab_ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_ContractLiabilitiesReleasedDuringThePeriod_3781f287-19f6-4ec0-91a7-a4d359fea244_negatedTerseLabel_en-US" xlink:label="lab_psny_ContractLiabilitiesReleasedDuringThePeriod" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Released during the period</link:label>
    <link:label id="lab_psny_ContractLiabilitiesReleasedDuringThePeriod_label_en-US" xlink:label="lab_psny_ContractLiabilitiesReleasedDuringThePeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract Liabilities Released During The Period</link:label>
    <link:label id="lab_psny_ContractLiabilitiesReleasedDuringThePeriod_documentation_en-US" xlink:label="lab_psny_ContractLiabilitiesReleasedDuringThePeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contract Liabilities Released During The Period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ContractLiabilitiesReleasedDuringThePeriod" xlink:href="psny-20240630.xsd#psny_ContractLiabilitiesReleasedDuringThePeriod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_ContractLiabilitiesReleasedDuringThePeriod" xlink:to="lab_psny_ContractLiabilitiesReleasedDuringThePeriod" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_FloorplanFacilitiesMember_9be62ae0-c5f7-46ee-b4dd-c1123c60bc2f_terseLabel_en-US" xlink:label="lab_psny_FloorplanFacilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Floorplan facilities</link:label>
    <link:label id="lab_psny_FloorplanFacilitiesMember_label_en-US" xlink:label="lab_psny_FloorplanFacilitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Floorplan Facilities [Member]</link:label>
    <link:label id="lab_psny_FloorplanFacilitiesMember_documentation_en-US" xlink:label="lab_psny_FloorplanFacilitiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Floorplan Facilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_FloorplanFacilitiesMember" xlink:href="psny-20240630.xsd#psny_FloorplanFacilitiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_FloorplanFacilitiesMember" xlink:to="lab_psny_FloorplanFacilitiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed_d4436ac8-ab26-437e-835e-31b6bd6609dd_negatedLabel_en-US" xlink:label="lab_ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Expense relating to lease of low value assets</link:label>
    <link:label id="lab_ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed_label_en-US" xlink:label="lab_ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expense relating to leases of low-value assets for which recognition exemption has been used</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:to="lab_ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_ProvisionForImpairmentInventory_0c5d2343-e1b7-4df5-b762-290fc61b0246_negatedLabel_en-US" xlink:label="lab_psny_ProvisionForImpairmentInventory" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Provision for impairment</link:label>
    <link:label id="lab_psny_ProvisionForImpairmentInventory_label_en-US" xlink:label="lab_psny_ProvisionForImpairmentInventory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provision For Impairment, Inventory</link:label>
    <link:label id="lab_psny_ProvisionForImpairmentInventory_documentation_en-US" xlink:label="lab_psny_ProvisionForImpairmentInventory" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Provision For Impairment, Inventory</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ProvisionForImpairmentInventory" xlink:href="psny-20240630.xsd#psny_ProvisionForImpairmentInventory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_ProvisionForImpairmentInventory" xlink:to="lab_psny_ProvisionForImpairmentInventory" xlink:type="arc" order="1"/>
    <link:label id="lab_country_IT_ec021b15-1e0c-4269-8eb1-b6306e836bf3_terseLabel_en-US" xlink:label="lab_country_IT" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Italy</link:label>
    <link:label id="lab_country_IT_label_en-US" xlink:label="lab_country_IT" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">ITALY</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_IT" xlink:href="https://xbrl.sec.gov/country/2024/country-2024.xsd#country_IT"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_IT" xlink:to="lab_country_IT" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BorrowingsAdjustmentToInterestRateBasis_117668cb-5603-4b00-8a71-88a487c30f8c_terseLabel_en-US" xlink:label="lab_ifrs-full_BorrowingsAdjustmentToInterestRateBasis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowings, adjustment to interest rate basis</link:label>
    <link:label id="lab_ifrs-full_BorrowingsAdjustmentToInterestRateBasis_label_en-US" xlink:label="lab_ifrs-full_BorrowingsAdjustmentToInterestRateBasis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings, adjustment to interest rate basis</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BorrowingsAdjustmentToInterestRateBasis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_BorrowingsAdjustmentToInterestRateBasis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingsAdjustmentToInterestRateBasis" xlink:to="lab_ifrs-full_BorrowingsAdjustmentToInterestRateBasis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherLongtermProvisions_82d37a46-7e1d-4db6-924a-18c9535b4994_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_OtherLongtermProvisions" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Other non-current provisions</link:label>
    <link:label id="lab_ifrs-full_OtherLongtermProvisions_1eabcf78-567e-4154-874b-9d825d92fa3d_negatedLabel_en-US" xlink:label="lab_ifrs-full_OtherLongtermProvisions" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other non-current provisions</link:label>
    <link:label id="lab_ifrs-full_OtherLongtermProvisions_label_en-US" xlink:label="lab_ifrs-full_OtherLongtermProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other non-current provisions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherLongtermProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherLongtermProvisions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherLongtermProvisions" xlink:to="lab_ifrs-full_OtherLongtermProvisions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RightofuseAssetsMember_db978569-fb2e-4da9-9ef1-414e9c97d66c_terseLabel_en-US" xlink:label="lab_ifrs-full_RightofuseAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Right-of-use assets</link:label>
    <link:label id="lab_ifrs-full_RightofuseAssetsMember_label_en-US" xlink:label="lab_ifrs-full_RightofuseAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Right-of-use assets [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RightofuseAssetsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_RightofuseAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RightofuseAssetsMember" xlink:to="lab_ifrs-full_RightofuseAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityTable_9d5424ef-0ec0-48fb-8dfa-9526a2e4a72b_terseLabel_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [table]</link:label>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityTable_label_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfChangesInEquityTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_StatementOfChangesInEquityTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfChangesInEquityTable" xlink:to="lab_ifrs-full_StatementOfChangesInEquityTable" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_EarnOutRightsMember_d5e9c4ab-f6fb-4b7d-aa69-e6c50ceb94fc_terseLabel_en-US" xlink:label="lab_psny_EarnOutRightsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earn-out rights</link:label>
    <link:label id="lab_psny_EarnOutRightsMember_label_en-US" xlink:label="lab_psny_EarnOutRightsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earn-Out Rights [Member]</link:label>
    <link:label id="lab_psny_EarnOutRightsMember_documentation_en-US" xlink:label="lab_psny_EarnOutRightsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Earn-Out Rights</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_EarnOutRightsMember" xlink:href="psny-20240630.xsd#psny_EarnOutRightsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_EarnOutRightsMember" xlink:to="lab_psny_EarnOutRightsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_EuroInterbankOfferedRateMember_7a0ff7a6-4801-48da-a586-e98b4844f562_terseLabel_en-US" xlink:label="lab_psny_EuroInterbankOfferedRateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Euro Interbank Offered Rate</link:label>
    <link:label id="lab_psny_EuroInterbankOfferedRateMember_label_en-US" xlink:label="lab_psny_EuroInterbankOfferedRateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Euro Interbank Offered Rate [Member]</link:label>
    <link:label id="lab_psny_EuroInterbankOfferedRateMember_documentation_en-US" xlink:label="lab_psny_EuroInterbankOfferedRateMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Euro Interbank Offered Rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_EuroInterbankOfferedRateMember" xlink:href="psny-20240630.xsd#psny_EuroInterbankOfferedRateMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_EuroInterbankOfferedRateMember" xlink:to="lab_psny_EuroInterbankOfferedRateMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_DepreciationCapitalizedIntoInventory_3b34d041-1d78-43b5-abf1-b0faded96fb9_terseLabel_en-US" xlink:label="lab_psny_DepreciationCapitalizedIntoInventory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation Capitalized Into Inventory</link:label>
    <link:label id="lab_psny_DepreciationCapitalizedIntoInventory_e00c0229-ff4f-44bb-b68b-9133baa717eb_negatedTerseLabel_en-US" xlink:label="lab_psny_DepreciationCapitalizedIntoInventory" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Depreciation capitalized into inventory - (Restated)</link:label>
    <link:label id="lab_psny_DepreciationCapitalizedIntoInventory_label_en-US" xlink:label="lab_psny_DepreciationCapitalizedIntoInventory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation Capitalized Into Inventory</link:label>
    <link:label id="lab_psny_DepreciationCapitalizedIntoInventory_documentation_en-US" xlink:label="lab_psny_DepreciationCapitalizedIntoInventory" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Depreciation Capitalized Into Inventory</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_DepreciationCapitalizedIntoInventory" xlink:href="psny-20240630.xsd#psny_DepreciationCapitalizedIntoInventory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_DepreciationCapitalizedIntoInventory" xlink:to="lab_psny_DepreciationCapitalizedIntoInventory" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_RestatementDomain_011a700a-ed9b-4515-92c7-8c5647ec1df0_terseLabel_en-US" xlink:label="lab_srt_RestatementDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revision of Prior Period [Domain]</link:label>
    <link:label id="lab_srt_RestatementDomain_label_en-US" xlink:label="lab_srt_RestatementDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revision of Prior Period [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_RestatementDomain" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_RestatementDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_RestatementDomain" xlink:to="lab_srt_RestatementDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashAndCashEquivalents_7049fb71-3599-4b68-a2f0-1b0c0cb72d2c_terseLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:label id="lab_ifrs-full_CashAndCashEquivalents_62caf492-4730-4749-9ded-e0d4be1fc027_periodStartLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents at the beginning of the period</link:label>
    <link:label id="lab_ifrs-full_CashAndCashEquivalents_eae10b95-40c0-47d2-8c10-cdcd70a278d6_periodEndLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents at the end of the period</link:label>
    <link:label id="lab_ifrs-full_CashAndCashEquivalents_0379bc3d-8fb7-49f3-9964-205ed1eb66af_verboseLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:label id="lab_ifrs-full_CashAndCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashAndCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CashAndCashEquivalents"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashAndCashEquivalents" xlink:to="lab_ifrs-full_CashAndCashEquivalents" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory_982d3991-83ff-47d1-b2d6-f4a1f241452a_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial instruments</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for financial instruments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_LongTermInterestBearingLiabilitiesRelatedParties_2a9bfe89-1000-4a45-b3cf-ff6dfe2a60d4_terseLabel_en-US" xlink:label="lab_psny_LongTermInterestBearingLiabilitiesRelatedParties" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other non-current interest-bearing liabilities - related parties</link:label>
    <link:label id="lab_psny_LongTermInterestBearingLiabilitiesRelatedParties_label_en-US" xlink:label="lab_psny_LongTermInterestBearingLiabilitiesRelatedParties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-Term Interest Bearing Liabilities- Related Parties</link:label>
    <link:label id="lab_psny_LongTermInterestBearingLiabilitiesRelatedParties_documentation_en-US" xlink:label="lab_psny_LongTermInterestBearingLiabilitiesRelatedParties" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Long-Term Interest Bearing Liabilities- Related Parties</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_LongTermInterestBearingLiabilitiesRelatedParties" xlink:href="psny-20240630.xsd#psny_LongTermInterestBearingLiabilitiesRelatedParties"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_LongTermInterestBearingLiabilitiesRelatedParties" xlink:to="lab_psny_LongTermInterestBearingLiabilitiesRelatedParties" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_SyndicatedLoanFromBanksMember_8dd0470d-8d35-4798-bc6c-fb4d810b35f1_terseLabel_en-US" xlink:label="lab_psny_SyndicatedLoanFromBanksMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Syndicated loan from banks</link:label>
    <link:label id="lab_psny_SyndicatedLoanFromBanksMember_label_en-US" xlink:label="lab_psny_SyndicatedLoanFromBanksMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Syndicated Loan From Banks [Member]</link:label>
    <link:label id="lab_psny_SyndicatedLoanFromBanksMember_documentation_en-US" xlink:label="lab_psny_SyndicatedLoanFromBanksMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Syndicated Loan From Banks</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_SyndicatedLoanFromBanksMember" xlink:href="psny-20240630.xsd#psny_SyndicatedLoanFromBanksMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_SyndicatedLoanFromBanksMember" xlink:to="lab_psny_SyndicatedLoanFromBanksMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_EarnOutRights_61bd8f2e-3a75-4e43-8079-068b686f5667_terseLabel_en-US" xlink:label="lab_psny_EarnOutRights" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earn-out rights</link:label>
    <link:label id="lab_psny_EarnOutRights_label_en-US" xlink:label="lab_psny_EarnOutRights" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earn-Out Rights</link:label>
    <link:label id="lab_psny_EarnOutRights_documentation_en-US" xlink:label="lab_psny_EarnOutRights" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Earn-Out Rights</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_EarnOutRights" xlink:href="psny-20240630.xsd#psny_EarnOutRights"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_EarnOutRights" xlink:to="lab_psny_EarnOutRights" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_InterestExpenseForFinancialLiabilitiesMeasuredAtAmortisedCost_610844ad-0999-476d-9a13-edfb4a64374e_terseLabel_en-US" xlink:label="lab_psny_InterestExpenseForFinancialLiabilitiesMeasuredAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest expense for financial liabilities measured at amortised cost</link:label>
    <link:label id="lab_psny_InterestExpenseForFinancialLiabilitiesMeasuredAtAmortisedCost_label_en-US" xlink:label="lab_psny_InterestExpenseForFinancialLiabilitiesMeasuredAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Expense For Financial Liabilities Measured At Amortised Cost</link:label>
    <link:label id="lab_psny_InterestExpenseForFinancialLiabilitiesMeasuredAtAmortisedCost_documentation_en-US" xlink:label="lab_psny_InterestExpenseForFinancialLiabilitiesMeasuredAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest Expense For Financial Liabilities Measured At Amortised Cost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_InterestExpenseForFinancialLiabilitiesMeasuredAtAmortisedCost" xlink:href="psny-20240630.xsd#psny_InterestExpenseForFinancialLiabilitiesMeasuredAtAmortisedCost"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_InterestExpenseForFinancialLiabilitiesMeasuredAtAmortisedCost" xlink:to="lab_psny_InterestExpenseForFinancialLiabilitiesMeasuredAtAmortisedCost" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForProvisions_731cec16-dcd2-4b9d-aa26-9b77c2f695a1_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForProvisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other provisions</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForProvisions_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for provisions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForProvisions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForProvisions" xlink:to="lab_ifrs-full_AdjustmentsForProvisions" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1Member_2ee8fc74-99b7-4813-ad52-67b1446e770d_terseLabel_en-US" xlink:label="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">1 Month Secured Overnight Financing Rate Plus 1%</link:label>
    <link:label id="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1Member_label_en-US" xlink:label="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">12 Month Secured Overnight Financing Rate Plus 1% [Member]</link:label>
    <link:label id="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1Member_documentation_en-US" xlink:label="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">12 Month Secured Overnight Financing Rate Plus 1%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_A12MonthSecuredOvernightFinancingRatePlus1Member" xlink:href="psny-20240630.xsd#psny_A12MonthSecuredOvernightFinancingRatePlus1Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_A12MonthSecuredOvernightFinancingRatePlus1Member" xlink:to="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MachineryMember_4d933427-7f91-45eb-9b7e-0d97d309a71f_terseLabel_en-US" xlink:label="lab_ifrs-full_MachineryMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Machinery and equipment</link:label>
    <link:label id="lab_ifrs-full_MachineryMember_label_en-US" xlink:label="lab_ifrs-full_MachineryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Machinery [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MachineryMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_MachineryMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MachineryMember" xlink:to="lab_ifrs-full_MachineryMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Level3OfFairValueHierarchyMember_7cdbc942-18c4-4989-be76-521127540d5f_terseLabel_en-US" xlink:label="lab_ifrs-full_Level3OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level 3</link:label>
    <link:label id="lab_ifrs-full_Level3OfFairValueHierarchyMember_label_en-US" xlink:label="lab_ifrs-full_Level3OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Level 3 of fair value hierarchy [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Level3OfFairValueHierarchyMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_Level3OfFairValueHierarchyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Level3OfFairValueHierarchyMember" xlink:to="lab_ifrs-full_Level3OfFairValueHierarchyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_NumberOfMarkets_36c78601-0051-429f-bd8f-abf574150435_terseLabel_en-US" xlink:label="lab_psny_NumberOfMarkets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of markets</link:label>
    <link:label id="lab_psny_NumberOfMarkets_label_en-US" xlink:label="lab_psny_NumberOfMarkets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Markets</link:label>
    <link:label id="lab_psny_NumberOfMarkets_documentation_en-US" xlink:label="lab_psny_NumberOfMarkets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Markets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_NumberOfMarkets" xlink:href="psny-20240630.xsd#psny_NumberOfMarkets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_NumberOfMarkets" xlink:to="lab_psny_NumberOfMarkets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfContingentLiabilitiesAbstract_c68ab323-7778-4556-8d80-7e1444f8cd97_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfContingentLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of contingent liabilities [abstract]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfContingentLiabilitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfContingentLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of contingent liabilities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfContingentLiabilitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfContingentLiabilitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfContingentLiabilitiesAbstract" xlink:to="lab_ifrs-full_DisclosureOfContingentLiabilitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDebtSecuritiesExplanatory_631455c9-5d88-4366-8c4b-8a46c29ac0f7_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDebtSecuritiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities to credit institutions</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDebtSecuritiesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDebtSecuritiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of debt instruments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDebtSecuritiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfDebtSecuritiesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDebtSecuritiesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDebtSecuritiesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LandAndBuildingsMember_7fc7a898-7c11-4c20-a59b-62d860298ddd_terseLabel_en-US" xlink:label="lab_ifrs-full_LandAndBuildingsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Buildings and land</link:label>
    <link:label id="lab_ifrs-full_LandAndBuildingsMember_label_en-US" xlink:label="lab_ifrs-full_LandAndBuildingsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Land and buildings [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LandAndBuildingsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_LandAndBuildingsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LandAndBuildingsMember" xlink:to="lab_ifrs-full_LandAndBuildingsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_b5d352ed-fa2e-4831-af03-cdff91234b74_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other investments</link:label>
    <link:label id="lab_ifrs-full_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_e82bf7ed-1bbb-4a83-a1b3-3f68fda12ee2_verboseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other investments</link:label>
    <link:label id="lab_ifrs-full_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_label_en-US" xlink:label="lab_ifrs-full_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current investments other than investments accounted for using equity method</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:to="lab_ifrs-full_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_ClassC1OrdinarySharesMember_df053328-2323-4722-aa66-1cbf9396c1ce_verboseLabel_en-US" xlink:label="lab_psny_ClassC1OrdinarySharesMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Class C-1 Shares</link:label>
    <link:label id="lab_psny_ClassC1OrdinarySharesMember_1ad8ac60-f3c9-4403-bbb9-91aa468cea19_terseLabel_en-US" xlink:label="lab_psny_ClassC1OrdinarySharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class&#160;C-1 Ordinary Shares</link:label>
    <link:label id="lab_psny_ClassC1OrdinarySharesMember_label_en-US" xlink:label="lab_psny_ClassC1OrdinarySharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class&#160;C-1 Ordinary Shares [Member]</link:label>
    <link:label id="lab_psny_ClassC1OrdinarySharesMember_documentation_en-US" xlink:label="lab_psny_ClassC1OrdinarySharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class&#160;C-1 Ordinary Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ClassC1OrdinarySharesMember" xlink:href="psny-20240630.xsd#psny_ClassC1OrdinarySharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_ClassC1OrdinarySharesMember" xlink:to="lab_psny_ClassC1OrdinarySharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MaturityAxis_3b75ef4d-972d-4b6f-8a73-984c0a8cb4c9_terseLabel_en-US" xlink:label="lab_ifrs-full_MaturityAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maturity [axis]</link:label>
    <link:label id="lab_ifrs-full_MaturityAxis_label_en-US" xlink:label="lab_ifrs-full_MaturityAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maturity [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MaturityAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_MaturityAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MaturityAxis" xlink:to="lab_ifrs-full_MaturityAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EquityAndLiabilities_422b36d7-f121-416c-841d-7f9002073df6_negatedTotalLabel_en-US" xlink:label="lab_ifrs-full_EquityAndLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Total equity and liabilities</link:label>
    <link:label id="lab_ifrs-full_EquityAndLiabilities_label_en-US" xlink:label="lab_ifrs-full_EquityAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity and liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityAndLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_EquityAndLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAndLiabilities" xlink:to="lab_ifrs-full_EquityAndLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CostOfInventoriesRecognisedAsExpenseDuringPeriod_4f3e3667-2241-45f6-ac07-f515681bb26d_terseLabel_en-US" xlink:label="lab_ifrs-full_CostOfInventoriesRecognisedAsExpenseDuringPeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cost of inventories recognised as expense during period</link:label>
    <link:label id="lab_ifrs-full_CostOfInventoriesRecognisedAsExpenseDuringPeriod_label_en-US" xlink:label="lab_ifrs-full_CostOfInventoriesRecognisedAsExpenseDuringPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cost of inventories recognised as expense during period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CostOfInventoriesRecognisedAsExpenseDuringPeriod" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CostOfInventoriesRecognisedAsExpenseDuringPeriod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CostOfInventoriesRecognisedAsExpenseDuringPeriod" xlink:to="lab_ifrs-full_CostOfInventoriesRecognisedAsExpenseDuringPeriod" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ContingentConsiderationRecognisedAsOfAcquisitionDate_9082276c-c1d9-4857-ba65-fe4e5aaa1f13_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_ContingentConsiderationRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Earn-out liability</link:label>
    <link:label id="lab_ifrs-full_ContingentConsiderationRecognisedAsOfAcquisitionDate_217924b5-935f-401b-8a5c-c62bf3cb1053_negatedLabel_en-US" xlink:label="lab_ifrs-full_ContingentConsiderationRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Earn-out liability</link:label>
    <link:label id="lab_ifrs-full_ContingentConsiderationRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_ifrs-full_ContingentConsiderationRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contingent consideration recognised as of acquisition date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ContingentConsiderationRecognisedAsOfAcquisitionDate" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ContingentConsiderationRecognisedAsOfAcquisitionDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ContingentConsiderationRecognisedAsOfAcquisitionDate" xlink:to="lab_ifrs-full_ContingentConsiderationRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_DisclosureOfReverseRecapitalizationSummaryOfEarnOutRightsTableTextBlock_911b9845-989f-493d-aa60-aace65d30293_terseLabel_en-US" xlink:label="lab_psny_DisclosureOfReverseRecapitalizationSummaryOfEarnOutRightsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Reverse Recapitalization, Summary Of Earn-Out Rights</link:label>
    <link:label id="lab_psny_DisclosureOfReverseRecapitalizationSummaryOfEarnOutRightsTableTextBlock_label_en-US" xlink:label="lab_psny_DisclosureOfReverseRecapitalizationSummaryOfEarnOutRightsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Reverse Recapitalization, Summary Of Earn-Out Rights [Table Text Block]</link:label>
    <link:label id="lab_psny_DisclosureOfReverseRecapitalizationSummaryOfEarnOutRightsTableTextBlock_documentation_en-US" xlink:label="lab_psny_DisclosureOfReverseRecapitalizationSummaryOfEarnOutRightsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Reverse Recapitalization, Summary Of Earn-Out Rights</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_DisclosureOfReverseRecapitalizationSummaryOfEarnOutRightsTableTextBlock" xlink:href="psny-20240630.xsd#psny_DisclosureOfReverseRecapitalizationSummaryOfEarnOutRightsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_DisclosureOfReverseRecapitalizationSummaryOfEarnOutRightsTableTextBlock" xlink:to="lab_psny_DisclosureOfReverseRecapitalizationSummaryOfEarnOutRightsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_SalesOfVehiclesAndVehicleLeasingMember_c176c35a-bde1-4cc7-8a54-721cad693e01_terseLabel_en-US" xlink:label="lab_psny_SalesOfVehiclesAndVehicleLeasingMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sales of vehicles and vehicle leasing</link:label>
    <link:label id="lab_psny_SalesOfVehiclesAndVehicleLeasingMember_label_en-US" xlink:label="lab_psny_SalesOfVehiclesAndVehicleLeasingMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sales Of Vehicles And Vehicle Leasing [Member]</link:label>
    <link:label id="lab_psny_SalesOfVehiclesAndVehicleLeasingMember_documentation_en-US" xlink:label="lab_psny_SalesOfVehiclesAndVehicleLeasingMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Sales Of Vehicles And Vehicle Leasing</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_SalesOfVehiclesAndVehicleLeasingMember" xlink:href="psny-20240630.xsd#psny_SalesOfVehiclesAndVehicleLeasingMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_SalesOfVehiclesAndVehicleLeasingMember" xlink:to="lab_psny_SalesOfVehiclesAndVehicleLeasingMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TradeReceivablesMember_0556366a-b59b-47fc-b8cd-c92b13863e31_terseLabel_en-US" xlink:label="lab_ifrs-full_TradeReceivablesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trade receivables and trade receivables - related parties - (Restated)</link:label>
    <link:label id="lab_ifrs-full_TradeReceivablesMember_6d67aaf5-9afd-4429-b7f8-920fab4ac18d_verboseLabel_en-US" xlink:label="lab_ifrs-full_TradeReceivablesMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Trade receivables</link:label>
    <link:label id="lab_ifrs-full_TradeReceivablesMember_label_en-US" xlink:label="lab_ifrs-full_TradeReceivablesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trade receivables [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TradeReceivablesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TradeReceivablesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeReceivablesMember" xlink:to="lab_ifrs-full_TradeReceivablesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_8ff47947-8571-4881-aa95-50349ffd2f41_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effect of foreign currency exchange differences - (Restated)</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through net exchange differences, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NumberOfSharesOutstanding_ff0ba33d-b57d-43a7-8a78-6b74c3793855_periodStartLabel_en-US" xlink:label="lab_ifrs-full_NumberOfSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Number of shares outstanding (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfSharesOutstanding_c152fa3f-6c30-44f0-979e-fc2399861da2_periodEndLabel_en-US" xlink:label="lab_ifrs-full_NumberOfSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Number of shares outstanding (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfSharesOutstanding_9c7d916f-d6f2-4642-ad16-3dc07b868dea_terseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of shares outstanding (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfSharesOutstanding_label_en-US" xlink:label="lab_ifrs-full_NumberOfSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of shares outstanding</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfSharesOutstanding" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NumberOfSharesOutstanding"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfSharesOutstanding" xlink:to="lab_ifrs-full_NumberOfSharesOutstanding" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Inventories_5d65e881-3b12-4d72-804c-7f6cb48a6122_terseLabel_en-US" xlink:label="lab_ifrs-full_Inventories" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inventories</link:label>
    <link:label id="lab_ifrs-full_Inventories_e5a4c16a-227d-457f-8f09-bc7ac4c65881_totalLabel_en-US" xlink:label="lab_ifrs-full_Inventories" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_ifrs-full_Inventories_418f4283-9970-4f85-baba-6e1f052a7a91_verboseLabel_en-US" xlink:label="lab_ifrs-full_Inventories" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Inventories</link:label>
    <link:label id="lab_ifrs-full_Inventories_label_en-US" xlink:label="lab_ifrs-full_Inventories" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current inventories</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Inventories" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_Inventories"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Inventories" xlink:to="lab_ifrs-full_Inventories" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeFromSubleasingRightofuseAssets_ed429e32-d4b6-43af-ae55-96f3072c43bf_terseLabel_en-US" xlink:label="lab_ifrs-full_IncomeFromSubleasingRightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income from sub-leasing right-of-use assets</link:label>
    <link:label id="lab_ifrs-full_IncomeFromSubleasingRightofuseAssets_label_en-US" xlink:label="lab_ifrs-full_IncomeFromSubleasingRightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income from subleasing right-of-use assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeFromSubleasingRightofuseAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IncomeFromSubleasingRightofuseAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeFromSubleasingRightofuseAssets" xlink:to="lab_ifrs-full_IncomeFromSubleasingRightofuseAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RepaymentsOfCurrentBorrowings_299e15e9-dc5c-4398-a7af-ed6c86887f19_negatedLabel_en-US" xlink:label="lab_ifrs-full_RepaymentsOfCurrentBorrowings" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Repayments of current borrowings</link:label>
    <link:label id="lab_ifrs-full_RepaymentsOfCurrentBorrowings_label_en-US" xlink:label="lab_ifrs-full_RepaymentsOfCurrentBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repayments of current borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RepaymentsOfCurrentBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_RepaymentsOfCurrentBorrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RepaymentsOfCurrentBorrowings" xlink:to="lab_ifrs-full_RepaymentsOfCurrentBorrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_DeferredRevenueConnectedServicesMember_71efac0d-b5e5-4329-9491-398ed6cb5b70_terseLabel_en-US" xlink:label="lab_psny_DeferredRevenueConnectedServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred revenue - connected service</link:label>
    <link:label id="lab_psny_DeferredRevenueConnectedServicesMember_label_en-US" xlink:label="lab_psny_DeferredRevenueConnectedServicesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Revenue, Connected Services [Member]</link:label>
    <link:label id="lab_psny_DeferredRevenueConnectedServicesMember_documentation_en-US" xlink:label="lab_psny_DeferredRevenueConnectedServicesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Revenue, Connected Services</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_DeferredRevenueConnectedServicesMember" xlink:href="psny-20240630.xsd#psny_DeferredRevenueConnectedServicesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_DeferredRevenueConnectedServicesMember" xlink:to="lab_psny_DeferredRevenueConnectedServicesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_RightOfUseAssetsForLeasedBuildingsAndLand_5040bae0-5f1e-4cff-8332-b487c83cb23c_terseLabel_en-US" xlink:label="lab_psny_RightOfUseAssetsForLeasedBuildingsAndLand" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Right of use assets for leased buildings and land</link:label>
    <link:label id="lab_psny_RightOfUseAssetsForLeasedBuildingsAndLand_label_en-US" xlink:label="lab_psny_RightOfUseAssetsForLeasedBuildingsAndLand" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Right of use assets for leased buildings and land</link:label>
    <link:label id="lab_psny_RightOfUseAssetsForLeasedBuildingsAndLand_documentation_en-US" xlink:label="lab_psny_RightOfUseAssetsForLeasedBuildingsAndLand" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Right of use assets for leased buildings and land</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_RightOfUseAssetsForLeasedBuildingsAndLand" xlink:href="psny-20240630.xsd#psny_RightOfUseAssetsForLeasedBuildingsAndLand"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_RightOfUseAssetsForLeasedBuildingsAndLand" xlink:to="lab_psny_RightOfUseAssetsForLeasedBuildingsAndLand" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_ContractualCommitmentsToAcquireAssetsAndIntangiblesMember_2ecb38d2-6909-4a65-8ec3-6fcdbf8f969a_terseLabel_en-US" xlink:label="lab_psny_ContractualCommitmentsToAcquireAssetsAndIntangiblesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total - (Restated)</link:label>
    <link:label id="lab_psny_ContractualCommitmentsToAcquireAssetsAndIntangiblesMember_label_en-US" xlink:label="lab_psny_ContractualCommitmentsToAcquireAssetsAndIntangiblesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contractual Commitments To Acquire Assets and Intangibles [Member]</link:label>
    <link:label id="lab_psny_ContractualCommitmentsToAcquireAssetsAndIntangiblesMember_documentation_en-US" xlink:label="lab_psny_ContractualCommitmentsToAcquireAssetsAndIntangiblesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contractual Commitments To Acquire Assets and Intangibles</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ContractualCommitmentsToAcquireAssetsAndIntangiblesMember" xlink:href="psny-20240630.xsd#psny_ContractualCommitmentsToAcquireAssetsAndIntangiblesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_ContractualCommitmentsToAcquireAssetsAndIntangiblesMember" xlink:to="lab_psny_ContractualCommitmentsToAcquireAssetsAndIntangiblesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_7e5aa020-3155-49d4-ae24-4b3efe006394_terseLabel_en-US" xlink:label="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effect of foreign exchange rate changes on cash and cash equivalents</link:label>
    <link:label id="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effect of exchange rate changes on cash and cash equivalents</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:to="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AmendmentFlag_58e4ca6d-1a7d-4e8b-9f8e-40fc0e8d6ea6_terseLabel_en-US" xlink:label="lab_dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:label id="lab_dei_AmendmentFlag_label_en-US" xlink:label="lab_dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_AmendmentFlag"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AmendmentFlag" xlink:to="lab_dei_AmendmentFlag" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialAssetsAxis_92cbe508-4288-4fd2-9d78-7401ce1c7398_terseLabel_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Categories of financial assets [axis]</link:label>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialAssetsAxis_label_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Categories of financial assets [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CategoriesOfFinancialAssetsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:to="lab_ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory_b66feb33-06af-47cb-bc56-7d5907dcbee8_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial instruments</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about financial instruments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_9cdea5a0-d60f-4c91-b03f-95eda170b6f8_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from operating activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) operating activities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:to="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityRegistrantName_a32cf046-de85-440d-b2bf-c01473c1e419_terseLabel_en-US" xlink:label="lab_dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:label id="lab_dei_EntityRegistrantName_label_en-US" xlink:label="lab_dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityRegistrantName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityRegistrantName" xlink:to="lab_dei_EntityRegistrantName" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestExpenseOnLeaseLiabilities_89383fbd-bd50-4026-8206-bddc3cad9a6c_negatedLabel_en-US" xlink:label="lab_ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Interest expense on lease liabilities</link:label>
    <link:label id="lab_ifrs-full_InterestExpenseOnLeaseLiabilities_label_en-US" xlink:label="lab_ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest expense on lease liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_InterestExpenseOnLeaseLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:to="lab_ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BorrowingsByNameDomain_e6331ebd-996e-4f59-be68-984aedb4fb58_terseLabel_en-US" xlink:label="lab_ifrs-full_BorrowingsByNameDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowings by name</link:label>
    <link:label id="lab_ifrs-full_BorrowingsByNameDomain_label_en-US" xlink:label="lab_ifrs-full_BorrowingsByNameDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings by name [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BorrowingsByNameDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_BorrowingsByNameDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingsByNameDomain" xlink:to="lab_ifrs-full_BorrowingsByNameDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_RestrictedStockAwardsMember_2a198b83-d602-4c53-b50f-1adc128065af_terseLabel_en-US" xlink:label="lab_psny_RestrictedStockAwardsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">RSAs</link:label>
    <link:label id="lab_psny_RestrictedStockAwardsMember_label_en-US" xlink:label="lab_psny_RestrictedStockAwardsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Stock Awards [Member]</link:label>
    <link:label id="lab_psny_RestrictedStockAwardsMember_documentation_en-US" xlink:label="lab_psny_RestrictedStockAwardsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Restricted Stock Awards</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_RestrictedStockAwardsMember" xlink:href="psny-20240630.xsd#psny_RestrictedStockAwardsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_RestrictedStockAwardsMember" xlink:to="lab_psny_RestrictedStockAwardsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities_ba2b99d0-6322-4bc1-a8cb-68631cb33f3d_terseLabel_en-US" xlink:label="lab_psny_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase (Decrease) Through Net Exchange Differences, Lease Liabilities</link:label>
    <link:label id="lab_psny_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities_label_en-US" xlink:label="lab_psny_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) Through Net Exchange Differences, Lease Liabilities</link:label>
    <link:label id="lab_psny_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities_documentation_en-US" xlink:label="lab_psny_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase (Decrease) Through Net Exchange Differences, Lease Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities" xlink:href="psny-20240630.xsd#psny_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities" xlink:to="lab_psny_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_FairValueMeasurementInputRiskFreeRate_937c38cc-7263-4a60-9cd2-972f48595ef8_terseLabel_en-US" xlink:label="lab_psny_FairValueMeasurementInputRiskFreeRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value measurement input risk free rate</link:label>
    <link:label id="lab_psny_FairValueMeasurementInputRiskFreeRate_label_en-US" xlink:label="lab_psny_FairValueMeasurementInputRiskFreeRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Measurement Input Risk Free Rate</link:label>
    <link:label id="lab_psny_FairValueMeasurementInputRiskFreeRate_documentation_en-US" xlink:label="lab_psny_FairValueMeasurementInputRiskFreeRate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fair Value Measurement Input Risk Free Rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_FairValueMeasurementInputRiskFreeRate" xlink:href="psny-20240630.xsd#psny_FairValueMeasurementInputRiskFreeRate"/>
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    <link:label id="lab_ifrs-full_CategoriesOfFinancialLiabilitiesAxis_abe306b4-1ee6-45b9-a150-187fca455465_terseLabel_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Categories of financial liabilities [axis]</link:label>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialLiabilitiesAxis_label_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Categories of financial liabilities [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CategoriesOfFinancialLiabilitiesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:to="lab_ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_UnsecuredBankLoansReceived_b349221e-a741-4726-a046-797ad50f9875_terseLabel_en-US" xlink:label="lab_ifrs-full_UnsecuredBankLoansReceived" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unsecured bank loans received</link:label>
    <link:label id="lab_ifrs-full_UnsecuredBankLoansReceived_label_en-US" xlink:label="lab_ifrs-full_UnsecuredBankLoansReceived" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unsecured bank loans received</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_UnsecuredBankLoansReceived" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_UnsecuredBankLoansReceived"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_UnsecuredBankLoansReceived" xlink:to="lab_ifrs-full_UnsecuredBankLoansReceived" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_GainsLossesOnChangeInFairValueOfEarnOutRights_c3bdbea6-18ff-42dc-97c8-fac2802a6054_negatedTerseLabel_en-US" xlink:label="lab_psny_GainsLossesOnChangeInFairValueOfEarnOutRights" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Changes in fair value measurement</link:label>
    <link:label id="lab_psny_GainsLossesOnChangeInFairValueOfEarnOutRights_344381fe-1eb8-44d2-822e-0cdca933a1a6_terseLabel_en-US" xlink:label="lab_psny_GainsLossesOnChangeInFairValueOfEarnOutRights" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gains (losses) on change in fair value of earn-out rights</link:label>
    <link:label id="lab_psny_GainsLossesOnChangeInFairValueOfEarnOutRights_label_en-US" xlink:label="lab_psny_GainsLossesOnChangeInFairValueOfEarnOutRights" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (Losses) On Change In Fair Value Of Earn-Out Rights</link:label>
    <link:label id="lab_psny_GainsLossesOnChangeInFairValueOfEarnOutRights_documentation_en-US" xlink:label="lab_psny_GainsLossesOnChangeInFairValueOfEarnOutRights" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gains (Losses) On Change In Fair Value Of Earn-Out Rights</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_GainsLossesOnChangeInFairValueOfEarnOutRights" xlink:href="psny-20240630.xsd#psny_GainsLossesOnChangeInFairValueOfEarnOutRights"/>
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    <link:label id="lab_psny_OtherNonCurrentLiabilitiesMember_0da87c02-31f9-470e-8617-11963f83b46d_terseLabel_en-US" xlink:label="lab_psny_OtherNonCurrentLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other non-current liabilities</link:label>
    <link:label id="lab_psny_OtherNonCurrentLiabilitiesMember_label_en-US" xlink:label="lab_psny_OtherNonCurrentLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Non-Current Liabilities [Member]</link:label>
    <link:label id="lab_psny_OtherNonCurrentLiabilitiesMember_documentation_en-US" xlink:label="lab_psny_OtherNonCurrentLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Non-Current Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_OtherNonCurrentLiabilitiesMember" xlink:href="psny-20240630.xsd#psny_OtherNonCurrentLiabilitiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_OtherNonCurrentLiabilitiesMember" xlink:to="lab_psny_OtherNonCurrentLiabilitiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment_0ea49abd-901c-4a73-8463-258cce2f76a9_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reclassifications - (Restated)</link:label>
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    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OperatingExpense_450c3c60-d6f7-442a-b20b-3773d703922d_negatedTotalLabel_en-US" xlink:label="lab_ifrs-full_OperatingExpense" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Operating loss</link:label>
    <link:label id="lab_ifrs-full_OperatingExpense_label_en-US" xlink:label="lab_ifrs-full_OperatingExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OperatingExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OperatingExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OperatingExpense" xlink:to="lab_ifrs-full_OperatingExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TradeAndOtherCurrentReceivablesDueFromRelatedParties_3e733c90-e214-42dd-acf3-d0517cf6a4f4_terseLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentReceivablesDueFromRelatedParties" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trade receivables - related parties</link:label>
    <link:label id="lab_ifrs-full_TradeAndOtherCurrentReceivablesDueFromRelatedParties_d3478295-79f4-4b1f-b250-ab77ef492c72_verboseLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentReceivablesDueFromRelatedParties" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Trade receivables - related parties</link:label>
    <link:label id="lab_ifrs-full_TradeAndOtherCurrentReceivablesDueFromRelatedParties_label_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentReceivablesDueFromRelatedParties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current receivables due from related parties</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TradeAndOtherCurrentReceivablesDueFromRelatedParties" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TradeAndOtherCurrentReceivablesDueFromRelatedParties"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeAndOtherCurrentReceivablesDueFromRelatedParties" xlink:to="lab_ifrs-full_TradeAndOtherCurrentReceivablesDueFromRelatedParties" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AmendmentDescription_ed0e1ab4-fb5f-4a29-ba45-03cf3bf528fe_terseLabel_en-US" xlink:label="lab_dei_AmendmentDescription" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amendment Description</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentDescription" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_AmendmentDescription"/>
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    <link:label id="lab_psny_ClassCSharesMember_0d76bd30-f4a4-4511-9037-2a1c8df87603_terseLabel_en-US" xlink:label="lab_psny_ClassCSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class&#160;C Shares</link:label>
    <link:label id="lab_psny_ClassCSharesMember_label_en-US" xlink:label="lab_psny_ClassCSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class&#160;C Shares [Member]</link:label>
    <link:label id="lab_psny_ClassCSharesMember_documentation_en-US" xlink:label="lab_psny_ClassCSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class&#160;C Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ClassCSharesMember" xlink:href="psny-20240630.xsd#psny_ClassCSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_ClassCSharesMember" xlink:to="lab_psny_ClassCSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_c16ac821-5e1e-44f7-b193-ae80bdffcbca_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effect of foreign currency exchange rate differences - (Restated)</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through net exchange differences, intangible assets other than goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MaturityDomain_1f13c12f-9de5-47f1-8035-967fd6609bff_terseLabel_en-US" xlink:label="lab_ifrs-full_MaturityDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maturity</link:label>
    <link:label id="lab_ifrs-full_MaturityDomain_label_en-US" xlink:label="lab_ifrs-full_MaturityDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maturity [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MaturityDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_MaturityDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MaturityDomain" xlink:to="lab_ifrs-full_MaturityDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_PolestarTimesTechnologyMember_219120e8-b350-4d63-9d41-6c20bab1dcc3_terseLabel_en-US" xlink:label="lab_psny_PolestarTimesTechnologyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Polestar Times Technology</link:label>
    <link:label id="lab_psny_PolestarTimesTechnologyMember_label_en-US" xlink:label="lab_psny_PolestarTimesTechnologyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Polestar Times Technology [Member]</link:label>
    <link:label id="lab_psny_PolestarTimesTechnologyMember_documentation_en-US" xlink:label="lab_psny_PolestarTimesTechnologyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Polestar Times Technology</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_PolestarTimesTechnologyMember" xlink:href="psny-20240630.xsd#psny_PolestarTimesTechnologyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_PolestarTimesTechnologyMember" xlink:to="lab_psny_PolestarTimesTechnologyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_CarbonCreditsMember_e5d46e76-4446-4d12-9798-4b4af54bb7d4_terseLabel_en-US" xlink:label="lab_psny_CarbonCreditsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sales of carbon credits</link:label>
    <link:label id="lab_psny_CarbonCreditsMember_label_en-US" xlink:label="lab_psny_CarbonCreditsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Carbon Credits [Member]</link:label>
    <link:label id="lab_psny_CarbonCreditsMember_documentation_en-US" xlink:label="lab_psny_CarbonCreditsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Carbon Credits</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_CarbonCreditsMember" xlink:href="psny-20240630.xsd#psny_CarbonCreditsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_CarbonCreditsMember" xlink:to="lab_psny_CarbonCreditsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_CurrentLiabilitiesMember_f296675f-fd3d-4139-826e-7890d1e6a1a2_terseLabel_en-US" xlink:label="lab_psny_CurrentLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current</link:label>
    <link:label id="lab_psny_CurrentLiabilitiesMember_label_en-US" xlink:label="lab_psny_CurrentLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Liabilities [Member]</link:label>
    <link:label id="lab_psny_CurrentLiabilitiesMember_documentation_en-US" xlink:label="lab_psny_CurrentLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Current Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_CurrentLiabilitiesMember" xlink:href="psny-20240630.xsd#psny_CurrentLiabilitiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_CurrentLiabilitiesMember" xlink:to="lab_psny_CurrentLiabilitiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxExpenseContinuingOperations_3ff08a1a-8481-4f5f-9242-2b9e22dc2bc8_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Income tax expense</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxExpenseContinuingOperations_61e6cc71-1a42-4a91-bd0f-4802ae2c2e4d_negatedLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Net loss</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxExpenseContinuingOperations_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax expense (income)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressPostalZipCode_bc543a22-348c-4c89-99b7-404477a4ec6f_terseLabel_en-US" xlink:label="lab_dei_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
    <link:label id="lab_dei_EntityAddressPostalZipCode_label_en-US" xlink:label="lab_dei_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressPostalZipCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressPostalZipCode" xlink:to="lab_dei_EntityAddressPostalZipCode" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInvestmentPropertyLineItems_fe5c6dde-4a22-4f7e-bffb-5ae88a1dad89_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentPropertyLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about investment property [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInvestmentPropertyLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentPropertyLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about investment property [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInvestmentPropertyLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfInvestmentPropertyLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInvestmentPropertyLineItems" xlink:to="lab_ifrs-full_DisclosureOfInvestmentPropertyLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_country_NL_a8aecf67-8a2d-44ed-9916-332d13e25320_terseLabel_en-US" xlink:label="lab_country_NL" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Canada</link:label>
    <link:label id="lab_country_NL_label_en-US" xlink:label="lab_country_NL" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">NETHERLANDS</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_NL" xlink:href="https://xbrl.sec.gov/country/2024/country-2024.xsd#country_NL"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_NL" xlink:to="lab_country_NL" xlink:type="arc" order="1"/>
    <link:label id="lab_country_NO_2875ae38-c536-49aa-bfe8-cbc86e4b5845_terseLabel_en-US" xlink:label="lab_country_NO" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Norway</link:label>
    <link:label id="lab_country_NO_label_en-US" xlink:label="lab_country_NO" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">NORWAY</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_NO" xlink:href="https://xbrl.sec.gov/country/2024/country-2024.xsd#country_NO"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_NO" xlink:to="lab_country_NO" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents_fc6405ac-395f-4fcc-9fe9-472d0c68d8b6_totalLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net (decrease) increase in cash and cash equivalents</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in cash and cash equivalents after effect of exchange rate changes</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalents"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:to="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherNoncurrentFinancialLiabilities_74ab8743-b867-4315-91ea-f3d6c6831779_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentFinancialLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Other non-current interest-bearing liabilities</link:label>
    <link:label id="lab_ifrs-full_OtherNoncurrentFinancialLiabilities_341cf329-42fd-4e01-a09c-6023bb6975cd_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other non-current financial liabilities</link:label>
    <link:label id="lab_ifrs-full_OtherNoncurrentFinancialLiabilities_00f25858-efef-46f4-9ff4-59c4a7218287_negatedLabel_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentFinancialLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other non-current interest-bearing liabilities</link:label>
    <link:label id="lab_ifrs-full_OtherNoncurrentFinancialLiabilities_label_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other non-current financial liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherNoncurrentFinancialLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherNoncurrentFinancialLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherNoncurrentFinancialLiabilities" xlink:to="lab_ifrs-full_OtherNoncurrentFinancialLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_BancoBilbaoVizcayaArgentariaS.A.Member_a5f86811-3d4c-4b51-b6b8-251f8e35ab54_terseLabel_en-US" xlink:label="lab_psny_BancoBilbaoVizcayaArgentariaS.A.Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Banco Bilbao Vizcaya Argentaria, S.A.</link:label>
    <link:label id="lab_psny_BancoBilbaoVizcayaArgentariaS.A.Member_label_en-US" xlink:label="lab_psny_BancoBilbaoVizcayaArgentariaS.A.Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Banco Bilbao Vizcaya Argentaria, S.A. [Member]</link:label>
    <link:label id="lab_psny_BancoBilbaoVizcayaArgentariaS.A.Member_documentation_en-US" xlink:label="lab_psny_BancoBilbaoVizcayaArgentariaS.A.Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Banco Bilbao Vizcaya Argentaria, S.A.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_BancoBilbaoVizcayaArgentariaS.A.Member" xlink:href="psny-20240630.xsd#psny_BancoBilbaoVizcayaArgentariaS.A.Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_BancoBilbaoVizcayaArgentariaS.A.Member" xlink:to="lab_psny_BancoBilbaoVizcayaArgentariaS.A.Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory_5268cfec-3357-45ec-ab86-45d152dcd89d_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related party transactions</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of related party [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfRelatedPartyExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:to="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_a40d2b24-2c80-485f-80f0-3b9eb63865b4_terseLabel_en-US" xlink:label="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions</link:label>
    <link:label id="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additions other than through business combinations, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems_c055d7a2-3cae-4076-905a-ca561ab09ac6_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_PropertyPlantAndEquipmentExcludingRightOfUseAssets_d892217e-1d6b-4d3d-bb97-ec02c3befca7_periodStartLabel_en-US" xlink:label="lab_psny_PropertyPlantAndEquipmentExcludingRightOfUseAssets" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment</link:label>
    <link:label id="lab_psny_PropertyPlantAndEquipmentExcludingRightOfUseAssets_f8537a29-88d1-4f7f-b110-d632aeeaa6f4_periodEndLabel_en-US" xlink:label="lab_psny_PropertyPlantAndEquipmentExcludingRightOfUseAssets" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment</link:label>
    <link:label id="lab_psny_PropertyPlantAndEquipmentExcludingRightOfUseAssets_label_en-US" xlink:label="lab_psny_PropertyPlantAndEquipmentExcludingRightOfUseAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property Plant And Equipment Excluding Right-Of-Use Assets</link:label>
    <link:label id="lab_psny_PropertyPlantAndEquipmentExcludingRightOfUseAssets_documentation_en-US" xlink:label="lab_psny_PropertyPlantAndEquipmentExcludingRightOfUseAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Property Plant And Equipment Excluding Right-Of-Use Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_PropertyPlantAndEquipmentExcludingRightOfUseAssets" xlink:href="psny-20240630.xsd#psny_PropertyPlantAndEquipmentExcludingRightOfUseAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_PropertyPlantAndEquipmentExcludingRightOfUseAssets" xlink:to="lab_psny_PropertyPlantAndEquipmentExcludingRightOfUseAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_IntangibleAssetsAbstract_90fafd6d-af55-4cb3-b031-bc998baa40f3_terseLabel_en-US" xlink:label="lab_psny_IntangibleAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intangible Assets [Abstract]</link:label>
    <link:label id="lab_psny_IntangibleAssetsAbstract_label_en-US" xlink:label="lab_psny_IntangibleAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intangible Assets [Abstract]</link:label>
    <link:label id="lab_psny_IntangibleAssetsAbstract_documentation_en-US" xlink:label="lab_psny_IntangibleAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Intangible Assets [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_IntangibleAssetsAbstract" xlink:href="psny-20240630.xsd#psny_IntangibleAssetsAbstract"/>
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    <link:label id="lab_ifrs-full_SecuredBankLoansReceived_3ca9264d-ea53-425a-ad10-845fd4f19b96_terseLabel_en-US" xlink:label="lab_ifrs-full_SecuredBankLoansReceived" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Secured bank loans received</link:label>
    <link:label id="lab_ifrs-full_SecuredBankLoansReceived_label_en-US" xlink:label="lab_ifrs-full_SecuredBankLoansReceived" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Secured bank loans received</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SecuredBankLoansReceived" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_SecuredBankLoansReceived"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SecuredBankLoansReceived" xlink:to="lab_ifrs-full_SecuredBankLoansReceived" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_DeferredRevenueOperatingLeasesAndOtherMember_0cbdcda5-2fe6-4551-9beb-cda4017462d2_terseLabel_en-US" xlink:label="lab_psny_DeferredRevenueOperatingLeasesAndOtherMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred revenue - operating leases &amp; other</link:label>
    <link:label id="lab_psny_DeferredRevenueOperatingLeasesAndOtherMember_label_en-US" xlink:label="lab_psny_DeferredRevenueOperatingLeasesAndOtherMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Revenue, Operating Leases And Other [Member]</link:label>
    <link:label id="lab_psny_DeferredRevenueOperatingLeasesAndOtherMember_documentation_en-US" xlink:label="lab_psny_DeferredRevenueOperatingLeasesAndOtherMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Revenue, Operating Leases And Other</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_DeferredRevenueOperatingLeasesAndOtherMember" xlink:href="psny-20240630.xsd#psny_DeferredRevenueOperatingLeasesAndOtherMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_DeferredRevenueOperatingLeasesAndOtherMember" xlink:to="lab_psny_DeferredRevenueOperatingLeasesAndOtherMember" xlink:type="arc" order="1"/>
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    <link:label id="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of disaggregation of revenue from contracts with customers [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersExplanatory"/>
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    <link:label id="lab_ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions_4f129de6-f440-4d31-bb1e-3610cbf5ba65_terseLabel_en-US" xlink:label="lab_ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue from sale of goods, related party transactions</link:label>
    <link:label id="lab_ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions_label_en-US" xlink:label="lab_ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue from sale of goods, related party transactions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions"/>
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    <link:label id="lab_ifrs-full_MaturityAnalysisForNonderivativeFinancialLiabilities_8da187cf-5818-4cbb-b3c3-332f9f5d26f6_terseLabel_en-US" xlink:label="lab_ifrs-full_MaturityAnalysisForNonderivativeFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Maturities for Financial Assets and Liabilities</link:label>
    <link:label id="lab_ifrs-full_MaturityAnalysisForNonderivativeFinancialLiabilities_label_en-US" xlink:label="lab_ifrs-full_MaturityAnalysisForNonderivativeFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of maturity analysis for non-derivative financial liabilities [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MaturityAnalysisForNonderivativeFinancialLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_MaturityAnalysisForNonderivativeFinancialLiabilities"/>
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    <link:label id="lab_psny_LicenseVolumeCommitmentsPS4Member_233e7f20-18d9-458b-8618-7c08dc84e4ca_terseLabel_en-US" xlink:label="lab_psny_LicenseVolumeCommitmentsPS4Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">PS4 sales volume commitments</link:label>
    <link:label id="lab_psny_LicenseVolumeCommitmentsPS4Member_label_en-US" xlink:label="lab_psny_LicenseVolumeCommitmentsPS4Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">License Volume Commitments PS4 [Member]</link:label>
    <link:label id="lab_psny_LicenseVolumeCommitmentsPS4Member_documentation_en-US" xlink:label="lab_psny_LicenseVolumeCommitmentsPS4Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">License Volume Commitments PS4</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_LicenseVolumeCommitmentsPS4Member" xlink:href="psny-20240630.xsd#psny_LicenseVolumeCommitmentsPS4Member"/>
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    <link:label id="lab_psny_ClassC2AmericanDepositarySharesMember_e10496de-66c2-4524-b4fb-92fe9942d19c_terseLabel_en-US" xlink:label="lab_psny_ClassC2AmericanDepositarySharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class&#160;C-2&#160;American&#160;Depositary&#160;Shares</link:label>
    <link:label id="lab_psny_ClassC2AmericanDepositarySharesMember_17a5ebd6-5a30-417e-a711-3c2b46938057_verboseLabel_en-US" xlink:label="lab_psny_ClassC2AmericanDepositarySharesMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Class C-2 Shares</link:label>
    <link:label id="lab_psny_ClassC2AmericanDepositarySharesMember_label_en-US" xlink:label="lab_psny_ClassC2AmericanDepositarySharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class&#160;C-2&#160;American&#160;Depositary&#160;Shares [Member]</link:label>
    <link:label id="lab_psny_ClassC2AmericanDepositarySharesMember_documentation_en-US" xlink:label="lab_psny_ClassC2AmericanDepositarySharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class&#160;C-2&#160;American&#160;Depositary&#160;Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ClassC2AmericanDepositarySharesMember" xlink:href="psny-20240630.xsd#psny_ClassC2AmericanDepositarySharesMember"/>
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    <link:label id="lab_ifrs-full_LandMember_1b738b79-e142-4a95-9447-d9b5c798ac9f_terseLabel_en-US" xlink:label="lab_ifrs-full_LandMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Land</link:label>
    <link:label id="lab_ifrs-full_LandMember_label_en-US" xlink:label="lab_ifrs-full_LandMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Land [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LandMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_LandMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LandMember" xlink:to="lab_ifrs-full_LandMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DebtInstrumentsHeld_0bb8f54c-4042-4a03-be77-606831a00e92_terseLabel_en-US" xlink:label="lab_ifrs-full_DebtInstrumentsHeld" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt instruments held</link:label>
    <link:label id="lab_ifrs-full_DebtInstrumentsHeld_label_en-US" xlink:label="lab_ifrs-full_DebtInstrumentsHeld" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt instruments held</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DebtInstrumentsHeld" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DebtInstrumentsHeld"/>
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    <link:label id="lab_ifrs-full_WeightedAverageShares_4d1b7c19-aee4-41d3-9d5a-b80a07c21056_terseLabel_en-US" xlink:label="lab_ifrs-full_WeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-average number of common shares outstanding, diluted (in shares)</link:label>
    <link:label id="lab_ifrs-full_WeightedAverageShares_label_en-US" xlink:label="lab_ifrs-full_WeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted average number of ordinary shares used in calculating basic earnings per share</link:label>
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    <link:label id="lab_psny_DebtInstrumentMaturityPeriod_a0e2215a-79dc-447d-a88c-00517e17685c_terseLabel_en-US" xlink:label="lab_psny_DebtInstrumentMaturityPeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt instrument, maturity period</link:label>
    <link:label id="lab_psny_DebtInstrumentMaturityPeriod_label_en-US" xlink:label="lab_psny_DebtInstrumentMaturityPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Maturity Period</link:label>
    <link:label id="lab_psny_DebtInstrumentMaturityPeriod_documentation_en-US" xlink:label="lab_psny_DebtInstrumentMaturityPeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Instrument, Maturity Period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_DebtInstrumentMaturityPeriod" xlink:href="psny-20240630.xsd#psny_DebtInstrumentMaturityPeriod"/>
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    <link:label id="lab_ifrs-full_Borrowings_f56621ce-1dd6-43eb-8c04-6fbd2caa04a9_terseLabel_en-US" xlink:label="lab_ifrs-full_Borrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowings</link:label>
    <link:label id="lab_ifrs-full_Borrowings_label_en-US" xlink:label="lab_ifrs-full_Borrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Borrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_Borrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Borrowings" xlink:to="lab_ifrs-full_Borrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities_73b93902-af7d-461d-8161-1772896dc550_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Additions to investment in associates</link:label>
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    <link:label id="lab_psny_DescriptionOfAccountingPolicyForBasisOfAccountingPolicyTextBlock_bc885a9b-7966-4a2e-b590-9a54c86bc19d_terseLabel_en-US" xlink:label="lab_psny_DescriptionOfAccountingPolicyForBasisOfAccountingPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basis of preparation</link:label>
    <link:label id="lab_psny_DescriptionOfAccountingPolicyForBasisOfAccountingPolicyTextBlock_label_en-US" xlink:label="lab_psny_DescriptionOfAccountingPolicyForBasisOfAccountingPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description Of Accounting Policy For Basis Of Accounting [Policy Text Block]</link:label>
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    <link:label id="lab_psny_BorrowingsFromBanksMember_9b5777c8-ca54-46bf-b6f3-e5bba5a92b34_terseLabel_en-US" xlink:label="lab_psny_BorrowingsFromBanksMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Working capital loans from banks</link:label>
    <link:label id="lab_psny_BorrowingsFromBanksMember_label_en-US" xlink:label="lab_psny_BorrowingsFromBanksMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings From Banks [Member]</link:label>
    <link:label id="lab_psny_BorrowingsFromBanksMember_documentation_en-US" xlink:label="lab_psny_BorrowingsFromBanksMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Borrowings From Banks</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_BorrowingsFromBanksMember" xlink:href="psny-20240630.xsd#psny_BorrowingsFromBanksMember"/>
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    <link:label id="lab_psny_CurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrHeldForDistributionToOwners_0b8b68ad-8703-4c89-8bcd-c2f0476f034c_terseLabel_en-US" xlink:label="lab_psny_CurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrHeldForDistributionToOwners" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets held for sale</link:label>
    <link:label id="lab_psny_CurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrHeldForDistributionToOwners_label_en-US" xlink:label="lab_psny_CurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrHeldForDistributionToOwners" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current assets or disposal groups classified as held for sale or held for distribution to owners</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_psny_CurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrHeldForDistributionToOwners" xlink:href="psny-20240630.xsd#psny_CurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrHeldForDistributionToOwners"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_CurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrHeldForDistributionToOwners" xlink:to="lab_psny_CurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrHeldForDistributionToOwners" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LoansReceived_0ca57f3d-295c-4987-83be-a0f3890dc580_terseLabel_en-US" xlink:label="lab_ifrs-full_LoansReceived" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans received</link:label>
    <link:label id="lab_ifrs-full_LoansReceived_label_en-US" xlink:label="lab_ifrs-full_LoansReceived" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans received</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LoansReceived" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_LoansReceived"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LoansReceived" xlink:to="lab_ifrs-full_LoansReceived" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_GoodwillAndTrademarks_86c0ac5e-2bae-4218-874d-ceb58ed3ecbd_terseLabel_en-US" xlink:label="lab_psny_GoodwillAndTrademarks" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill and trademarks</link:label>
    <link:label id="lab_psny_GoodwillAndTrademarks_8f395bad-c8c3-45f5-91e1-78fc592ad41e_periodStartLabel_en-US" xlink:label="lab_psny_GoodwillAndTrademarks" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Goodwill and trademarks, beginning balance</link:label>
    <link:label id="lab_psny_GoodwillAndTrademarks_ced05616-1ad4-468c-8e7c-7633f15c5492_periodEndLabel_en-US" xlink:label="lab_psny_GoodwillAndTrademarks" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Goodwill and trademarks, ending balance</link:label>
    <link:label id="lab_psny_GoodwillAndTrademarks_label_en-US" xlink:label="lab_psny_GoodwillAndTrademarks" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill And Trademarks</link:label>
    <link:label id="lab_psny_GoodwillAndTrademarks_documentation_en-US" xlink:label="lab_psny_GoodwillAndTrademarks" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Goodwill And Trademarks</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_GoodwillAndTrademarks" xlink:href="psny-20240630.xsd#psny_GoodwillAndTrademarks"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_GoodwillAndTrademarks" xlink:to="lab_psny_GoodwillAndTrademarks" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_ScenarioPreviouslyReportedMember_93f0e86e-3059-4cb0-981f-93c9aecfe878_terseLabel_en-US" xlink:label="lab_srt_ScenarioPreviouslyReportedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">As originally filed on September 30, 2024</link:label>
    <link:label id="lab_srt_ScenarioPreviouslyReportedMember_label_en-US" xlink:label="lab_srt_ScenarioPreviouslyReportedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Previously Reported [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ScenarioPreviouslyReportedMember" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_ScenarioPreviouslyReportedMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_ScenarioPreviouslyReportedMember" xlink:to="lab_srt_ScenarioPreviouslyReportedMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember_1f60ca43-bcf7-4658-b7ae-146713c1cabb_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Due between 1 and 5 years</link:label>
    <link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than one year and not later than five years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:to="lab_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_BalanceSheetLocationAxis_30193ab2-485e-4343-98e1-b7ef99701ed5_terseLabel_en-US" xlink:label="lab_psny_BalanceSheetLocationAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Balance Sheet Location [Axis]</link:label>
    <link:label id="lab_psny_BalanceSheetLocationAxis_label_en-US" xlink:label="lab_psny_BalanceSheetLocationAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Balance Sheet Location [Axis]</link:label>
    <link:label id="lab_psny_BalanceSheetLocationAxis_documentation_en-US" xlink:label="lab_psny_BalanceSheetLocationAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Balance Sheet Location</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_BalanceSheetLocationAxis" xlink:href="psny-20240630.xsd#psny_BalanceSheetLocationAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_BalanceSheetLocationAxis" xlink:to="lab_psny_BalanceSheetLocationAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentLeaseLiabilities_61eec543-86da-4187-801c-e5b66797660e_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current lease liability</link:label>
    <link:label id="lab_ifrs-full_CurrentLeaseLiabilities_label_en-US" xlink:label="lab_ifrs-full_CurrentLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current lease liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentLeaseLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentLeaseLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentLeaseLiabilities" xlink:to="lab_ifrs-full_CurrentLeaseLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_EarnOutSharesMember_ea2b0004-6d0c-49f0-bee7-f80946b7e816_terseLabel_en-US" xlink:label="lab_psny_EarnOutSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earn-out Shares</link:label>
    <link:label id="lab_psny_EarnOutSharesMember_label_en-US" xlink:label="lab_psny_EarnOutSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earn Out Shares [Member]</link:label>
    <link:label id="lab_psny_EarnOutSharesMember_documentation_en-US" xlink:label="lab_psny_EarnOutSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Earn Out Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_EarnOutSharesMember" xlink:href="psny-20240630.xsd#psny_EarnOutSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_EarnOutSharesMember" xlink:to="lab_psny_EarnOutSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_83875ee3-012c-4e6f-982c-ee3ed3ec789c_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Between 1 and 2 years</link:label>
    <link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than one year and not later than two years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:to="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_AdjustmentsForAdditionsReversalsForWarranties_0ea465ea-c84e-4c5f-89b1-b716a1331011_terseLabel_en-US" xlink:label="lab_psny_AdjustmentsForAdditionsReversalsForWarranties" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Warranty provisions</link:label>
    <link:label id="lab_psny_AdjustmentsForAdditionsReversalsForWarranties_f1b0efe1-3230-4d17-8f1f-a2946e2ae032_verboseLabel_en-US" xlink:label="lab_psny_AdjustmentsForAdditionsReversalsForWarranties" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Warranties</link:label>
    <link:label id="lab_psny_AdjustmentsForAdditionsReversalsForWarranties_label_en-US" xlink:label="lab_psny_AdjustmentsForAdditionsReversalsForWarranties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments For Additions (Reversals) For Warranties</link:label>
    <link:label id="lab_psny_AdjustmentsForAdditionsReversalsForWarranties_documentation_en-US" xlink:label="lab_psny_AdjustmentsForAdditionsReversalsForWarranties" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustments For Additions (Reversals) For Warranties</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_AdjustmentsForAdditionsReversalsForWarranties" xlink:href="psny-20240630.xsd#psny_AdjustmentsForAdditionsReversalsForWarranties"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_AdjustmentsForAdditionsReversalsForWarranties" xlink:to="lab_psny_AdjustmentsForAdditionsReversalsForWarranties" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ResearchAndDevelopmentExpense_14ce960c-1458-474f-8367-d5c3ba0c7a34_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_ResearchAndDevelopmentExpense" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Research and development expense</link:label>
    <link:label id="lab_ifrs-full_ResearchAndDevelopmentExpense_fb2e6086-4ed6-4120-893b-b269d164dc89_negatedLabel_en-US" xlink:label="lab_ifrs-full_ResearchAndDevelopmentExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Research and development expense</link:label>
    <link:label id="lab_ifrs-full_ResearchAndDevelopmentExpense_label_en-US" xlink:label="lab_ifrs-full_ResearchAndDevelopmentExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Research and development expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ResearchAndDevelopmentExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ResearchAndDevelopmentExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ResearchAndDevelopmentExpense" xlink:to="lab_ifrs-full_ResearchAndDevelopmentExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems_8c46d445-cb76-464e-a130-f283264bc6cd_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of transactions between related parties [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of transactions between related parties [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain_03bafa82-c6c0-4e33-b79c-3afbacadd6d3_terseLabel_en-US" xlink:label="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valuation techniques used in fair value measurement</link:label>
    <link:label id="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain_label_en-US" xlink:label="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation techniques used in fair value measurement [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain" xlink:to="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_EliminationOfEffectOfDownstreamSales_26607216-6749-47c7-a77d-04697fa987a2_terseLabel_en-US" xlink:label="lab_psny_EliminationOfEffectOfDownstreamSales" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Elimination of effects of downstream sales</link:label>
    <link:label id="lab_psny_EliminationOfEffectOfDownstreamSales_label_en-US" xlink:label="lab_psny_EliminationOfEffectOfDownstreamSales" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Elimination Of Effect Of Downstream Sales</link:label>
    <link:label id="lab_psny_EliminationOfEffectOfDownstreamSales_documentation_en-US" xlink:label="lab_psny_EliminationOfEffectOfDownstreamSales" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Elimination Of Effect Of Downstream Sales</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_EliminationOfEffectOfDownstreamSales" xlink:href="psny-20240630.xsd#psny_EliminationOfEffectOfDownstreamSales"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_EliminationOfEffectOfDownstreamSales" xlink:to="lab_psny_EliminationOfEffectOfDownstreamSales" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_CashFlowsFromUsedInOperatingAndInvestingActivities_c5ed0af8-cbea-403d-9194-a12f58fc9881_terseLabel_en-US" xlink:label="lab_psny_CashFlowsFromUsedInOperatingAndInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) operating and investing activities</link:label>
    <link:label id="lab_psny_CashFlowsFromUsedInOperatingAndInvestingActivities_label_en-US" xlink:label="lab_psny_CashFlowsFromUsedInOperatingAndInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Flows From (Used In) Operating And Investing Activities</link:label>
    <link:label id="lab_psny_CashFlowsFromUsedInOperatingAndInvestingActivities_documentation_en-US" xlink:label="lab_psny_CashFlowsFromUsedInOperatingAndInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cash Flows From (Used In) Operating And Investing Activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_CashFlowsFromUsedInOperatingAndInvestingActivities" xlink:href="psny-20240630.xsd#psny_CashFlowsFromUsedInOperatingAndInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_CashFlowsFromUsedInOperatingAndInvestingActivities" xlink:to="lab_psny_CashFlowsFromUsedInOperatingAndInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_IncreaseDecreaseThroughEquitySettledShareBasedPaymentTransactionsEquity_f76c03a4-1c37-4a5c-83fc-00c949d70363_negatedTerseLabel_en-US" xlink:label="lab_psny_IncreaseDecreaseThroughEquitySettledShareBasedPaymentTransactionsEquity" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Equity-settled share-based payment</link:label>
    <link:label id="lab_psny_IncreaseDecreaseThroughEquitySettledShareBasedPaymentTransactionsEquity_label_en-US" xlink:label="lab_psny_IncreaseDecreaseThroughEquitySettledShareBasedPaymentTransactionsEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) Through Equity-Settled Share-Based Payment Transactions, Equity</link:label>
    <link:label id="lab_psny_IncreaseDecreaseThroughEquitySettledShareBasedPaymentTransactionsEquity_documentation_en-US" xlink:label="lab_psny_IncreaseDecreaseThroughEquitySettledShareBasedPaymentTransactionsEquity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase (Decrease) Through Equity-Settled Share-Based Payment Transactions, Equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_IncreaseDecreaseThroughEquitySettledShareBasedPaymentTransactionsEquity" xlink:href="psny-20240630.xsd#psny_IncreaseDecreaseThroughEquitySettledShareBasedPaymentTransactionsEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_IncreaseDecreaseThroughEquitySettledShareBasedPaymentTransactionsEquity" xlink:to="lab_psny_IncreaseDecreaseThroughEquitySettledShareBasedPaymentTransactionsEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_RightOfUseAssetsVehicles_a46e2571-8fdf-469c-9630-a81bdf29cc3e_terseLabel_en-US" xlink:label="lab_psny_RightOfUseAssetsVehicles" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vehicles under operating leases</link:label>
    <link:label id="lab_psny_RightOfUseAssetsVehicles_label_en-US" xlink:label="lab_psny_RightOfUseAssetsVehicles" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Right Of Use Assets, Vehicles</link:label>
    <link:label id="lab_psny_RightOfUseAssetsVehicles_documentation_en-US" xlink:label="lab_psny_RightOfUseAssetsVehicles" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Right Of Use Assets, Vehicles</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_RightOfUseAssetsVehicles" xlink:href="psny-20240630.xsd#psny_RightOfUseAssetsVehicles"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_RightOfUseAssetsVehicles" xlink:to="lab_psny_RightOfUseAssetsVehicles" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_BorrowingsTerm_4169d3fb-1ed0-402e-9b36-993d7fa1f5fc_terseLabel_en-US" xlink:label="lab_psny_BorrowingsTerm" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowings, term</link:label>
    <link:label id="lab_psny_BorrowingsTerm_label_en-US" xlink:label="lab_psny_BorrowingsTerm" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings, Term</link:label>
    <link:label id="lab_psny_BorrowingsTerm_documentation_en-US" xlink:label="lab_psny_BorrowingsTerm" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Borrowings, Term</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_BorrowingsTerm" xlink:href="psny-20240630.xsd#psny_BorrowingsTerm"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_BorrowingsTerm" xlink:to="lab_psny_BorrowingsTerm" xlink:type="arc" order="1"/>
    <link:label id="lab_country_SE_24ecbee2-a10a-4759-ac69-18ac562ecf25_terseLabel_en-US" xlink:label="lab_country_SE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sweden</link:label>
    <link:label id="lab_country_SE_label_en-US" xlink:label="lab_country_SE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">SWEDEN</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_SE" xlink:href="https://xbrl.sec.gov/country/2024/country-2024.xsd#country_SE"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_SE" xlink:to="lab_country_SE" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_ZheijiangC2MDigitalTechnologyCo.LtdMember_e3ff460d-64f6-4774-9eba-e9aa6d58dc1e_terseLabel_en-US" xlink:label="lab_psny_ZheijiangC2MDigitalTechnologyCo.LtdMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Zheijiang C2M Digital Technology Co. Ltd</link:label>
    <link:label id="lab_psny_ZheijiangC2MDigitalTechnologyCo.LtdMember_label_en-US" xlink:label="lab_psny_ZheijiangC2MDigitalTechnologyCo.LtdMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Zheijiang C2M Digital Technology Co. Ltd [Member]</link:label>
    <link:label id="lab_psny_ZheijiangC2MDigitalTechnologyCo.LtdMember_documentation_en-US" xlink:label="lab_psny_ZheijiangC2MDigitalTechnologyCo.LtdMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Zheijiang C2M Digital Technology Co. Ltd</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ZheijiangC2MDigitalTechnologyCo.LtdMember" xlink:href="psny-20240630.xsd#psny_ZheijiangC2MDigitalTechnologyCo.LtdMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_ZheijiangC2MDigitalTechnologyCo.LtdMember" xlink:to="lab_psny_ZheijiangC2MDigitalTechnologyCo.LtdMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RevenueFromContractsWithCustomers_3a67a759-a46f-4c58-9aa3-3e48f64456d8_terseLabel_en-US" xlink:label="lab_ifrs-full_RevenueFromContractsWithCustomers" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue from contracts with customers</link:label>
    <link:label id="lab_ifrs-full_RevenueFromContractsWithCustomers_label_en-US" xlink:label="lab_ifrs-full_RevenueFromContractsWithCustomers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue from contracts with customers</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevenueFromContractsWithCustomers" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_RevenueFromContractsWithCustomers"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevenueFromContractsWithCustomers" xlink:to="lab_ifrs-full_RevenueFromContractsWithCustomers" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressCityOrTown_9d545bad-e66b-4775-9ce7-ceb36c095191_terseLabel_en-US" xlink:label="lab_dei_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, City or Town</link:label>
    <link:label id="lab_dei_EntityAddressCityOrTown_label_en-US" xlink:label="lab_dei_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, City or Town</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressCityOrTown"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressCityOrTown" xlink:to="lab_dei_EntityAddressCityOrTown" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLossBeforeTax_6cc2a8c8-4987-47e1-ab52-27f4de5b7fda_totalLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossBeforeTax" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Loss before income taxes</link:label>
    <link:label id="lab_ifrs-full_ProfitLossBeforeTax_label_en-US" xlink:label="lab_ifrs-full_ProfitLossBeforeTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss) before tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLossBeforeTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProfitLossBeforeTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossBeforeTax" xlink:to="lab_ifrs-full_ProfitLossBeforeTax" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ContractualCapitalCommitments_f9cbcaef-7cc8-4be3-98d6-a56dcee6c3e9_terseLabel_en-US" xlink:label="lab_ifrs-full_ContractualCapitalCommitments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contractual capital commitments</link:label>
    <link:label id="lab_ifrs-full_ContractualCapitalCommitments_label_en-US" xlink:label="lab_ifrs-full_ContractualCapitalCommitments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contractual capital commitments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ContractualCapitalCommitments" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ContractualCapitalCommitments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ContractualCapitalCommitments" xlink:to="lab_ifrs-full_ContractualCapitalCommitments" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_NetAssetsAndLiabilities_839947bb-c27e-411f-b299-38a28196f198_terseLabel_en-US" xlink:label="lab_psny_NetAssetsAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net liabilities</link:label>
    <link:label id="lab_psny_NetAssetsAndLiabilities_label_en-US" xlink:label="lab_psny_NetAssetsAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Assets and Liabilities</link:label>
    <link:label id="lab_psny_NetAssetsAndLiabilities_documentation_en-US" xlink:label="lab_psny_NetAssetsAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net Assets and Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_NetAssetsAndLiabilities" xlink:href="psny-20240630.xsd#psny_NetAssetsAndLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_NetAssetsAndLiabilities" xlink:to="lab_psny_NetAssetsAndLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_CashSettledAdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_3fd2533d-2daa-48aa-b0ac-3e8756ba9f2b_terseLabel_en-US" xlink:label="lab_psny_CashSettledAdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash-settled additions</link:label>
    <link:label id="lab_psny_CashSettledAdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_label_en-US" xlink:label="lab_psny_CashSettledAdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash-Settled Additions Other Than Through Business Combinations, Property, Plant And Equipment</link:label>
    <link:label id="lab_psny_CashSettledAdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_documentation_en-US" xlink:label="lab_psny_CashSettledAdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cash-Settled Additions Other Than Through Business Combinations, Property, Plant And Equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_CashSettledAdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:href="psny-20240630.xsd#psny_CashSettledAdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_CashSettledAdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="lab_psny_CashSettledAdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_InterestBearingCurrentFinancialLiabilitiesRelatedParties_e836db9d-a55a-4e21-b5bc-ccfd75c0250b_negatedTerseLabel_en-US" xlink:label="lab_psny_InterestBearingCurrentFinancialLiabilitiesRelatedParties" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Interest-bearing current liabilities - related parties</link:label>
    <link:label id="lab_psny_InterestBearingCurrentFinancialLiabilitiesRelatedParties_4d774345-d2c8-4ae6-a2eb-2b2bbcdb1872_negatedLabel_en-US" xlink:label="lab_psny_InterestBearingCurrentFinancialLiabilitiesRelatedParties" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Interest-bearing current liabilities - related parties</link:label>
    <link:label id="lab_psny_InterestBearingCurrentFinancialLiabilitiesRelatedParties_label_en-US" xlink:label="lab_psny_InterestBearingCurrentFinancialLiabilitiesRelatedParties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest-Bearing Current Financial Liabilities, Related Parties</link:label>
    <link:label id="lab_psny_InterestBearingCurrentFinancialLiabilitiesRelatedParties_documentation_en-US" xlink:label="lab_psny_InterestBearingCurrentFinancialLiabilitiesRelatedParties" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest-Bearing Current Financial Liabilities, Related Parties</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_InterestBearingCurrentFinancialLiabilitiesRelatedParties" xlink:href="psny-20240630.xsd#psny_InterestBearingCurrentFinancialLiabilitiesRelatedParties"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_InterestBearingCurrentFinancialLiabilitiesRelatedParties" xlink:to="lab_psny_InterestBearingCurrentFinancialLiabilitiesRelatedParties" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_UnrecognizedAmountsFromInvestmentsWithAssociatesRollForward_e304a5bd-7419-436e-b3b8-a5a346fc119a_terseLabel_en-US" xlink:label="lab_psny_UnrecognizedAmountsFromInvestmentsWithAssociatesRollForward" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unrecognized Amounts From Investments With Associates [Roll Forward]</link:label>
    <link:label id="lab_psny_UnrecognizedAmountsFromInvestmentsWithAssociatesRollForward_label_en-US" xlink:label="lab_psny_UnrecognizedAmountsFromInvestmentsWithAssociatesRollForward" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrecognized Amounts From Investments With Associates [Roll Forward]</link:label>
    <link:label id="lab_psny_UnrecognizedAmountsFromInvestmentsWithAssociatesRollForward_documentation_en-US" xlink:label="lab_psny_UnrecognizedAmountsFromInvestmentsWithAssociatesRollForward" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unrecognized Amounts From Investments With Associates</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_UnrecognizedAmountsFromInvestmentsWithAssociatesRollForward" xlink:href="psny-20240630.xsd#psny_UnrecognizedAmountsFromInvestmentsWithAssociatesRollForward"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_UnrecognizedAmountsFromInvestmentsWithAssociatesRollForward" xlink:to="lab_psny_UnrecognizedAmountsFromInvestmentsWithAssociatesRollForward" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_March12MonthLoanPrimeRatePlus1.05Member_6b5bc0b6-c54d-441a-b2b0-77bb0e8d7142_terseLabel_en-US" xlink:label="lab_psny_March12MonthLoanPrimeRatePlus1.05Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">March 12 Month Loan Prime Rate Plus 1.05%</link:label>
    <link:label id="lab_psny_March12MonthLoanPrimeRatePlus1.05Member_label_en-US" xlink:label="lab_psny_March12MonthLoanPrimeRatePlus1.05Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">March 12 Month Loan Prime Rate Plus 1.05% [Member]</link:label>
    <link:label id="lab_psny_March12MonthLoanPrimeRatePlus1.05Member_documentation_en-US" xlink:label="lab_psny_March12MonthLoanPrimeRatePlus1.05Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">March 12 Month Loan Prime Rate Plus 1.05%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_March12MonthLoanPrimeRatePlus1.05Member" xlink:href="psny-20240630.xsd#psny_March12MonthLoanPrimeRatePlus1.05Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_March12MonthLoanPrimeRatePlus1.05Member" xlink:to="lab_psny_March12MonthLoanPrimeRatePlus1.05Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill_79d02d1a-3eb7-4cd3-92bf-53b2ac6de76b_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Amortization expense</link:label>
    <link:label id="lab_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill_label_en-US" xlink:label="lab_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortisation, intangible assets other than goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:to="lab_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherCurrentAssets_95006f19-e79f-49ff-bab5-3efb55481c83_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherCurrentAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other current assets</link:label>
    <link:label id="lab_ifrs-full_OtherCurrentAssets_label_en-US" xlink:label="lab_ifrs-full_OtherCurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other current assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherCurrentAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherCurrentAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherCurrentAssets" xlink:to="lab_ifrs-full_OtherCurrentAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInvestmentPropertyAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentPropertyAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about investment property [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInvestmentPropertyAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfInvestmentPropertyAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInvestmentPropertyAbstract" xlink:to="lab_ifrs-full_DisclosureOfInvestmentPropertyAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityFileNumber_afc64a5b-0d40-4dd4-876c-bc1e600739f3_terseLabel_en-US" xlink:label="lab_dei_EntityFileNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity File Number</link:label>
    <link:label id="lab_dei_EntityFileNumber_label_en-US" xlink:label="lab_dei_EntityFileNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity File Number</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityFileNumber"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityFileNumber" xlink:to="lab_dei_EntityFileNumber" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_ContractualCommitmentsForAcquisitionAfterFiveYears_c5bb74a0-1a59-436f-9cf5-b2f272ed39b1_terseLabel_en-US" xlink:label="lab_psny_ContractualCommitmentsForAcquisitionAfterFiveYears" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">After 5 years</link:label>
    <link:label id="lab_psny_ContractualCommitmentsForAcquisitionAfterFiveYears_label_en-US" xlink:label="lab_psny_ContractualCommitmentsForAcquisitionAfterFiveYears" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contractual Commitments For Acquisition After Five Years</link:label>
    <link:label id="lab_psny_ContractualCommitmentsForAcquisitionAfterFiveYears_documentation_en-US" xlink:label="lab_psny_ContractualCommitmentsForAcquisitionAfterFiveYears" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contractual Commitments For Acquisition After Five Years</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ContractualCommitmentsForAcquisitionAfterFiveYears" xlink:href="psny-20240630.xsd#psny_ContractualCommitmentsForAcquisitionAfterFiveYears"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_ContractualCommitmentsForAcquisitionAfterFiveYears" xlink:to="lab_psny_ContractualCommitmentsForAcquisitionAfterFiveYears" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_0601f56a-26f0-4a15-abda-9097420fae18_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Additions to property, plant, and equipment</link:label>
    <link:label id="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_2b4ab4ad-7370-4b7d-a9f1-dcf3c26ff1da_terseLabel_en-US" xlink:label="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions to property, plant and equipment</link:label>
    <link:label id="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_b1f1ff2c-1789-400a-b213-625bbd0060c1_negatedLabel_en-US" xlink:label="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Proceeds from short-term borrowings</link:label>
    <link:label id="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase of property, plant and equipment, classified as investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BorrowingCostsAbstract_label_en-US" xlink:label="lab_ifrs-full_BorrowingCostsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowing costs [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BorrowingCostsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_BorrowingCostsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingCostsAbstract" xlink:to="lab_ifrs-full_BorrowingCostsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressAddressLine1_f676dd4a-4655-4670-bc73-53353e130b1d_terseLabel_en-US" xlink:label="lab_dei_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, Address Line One</link:label>
    <link:label id="lab_dei_EntityAddressAddressLine1_label_en-US" xlink:label="lab_dei_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, Address Line One</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressAddressLine1"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressAddressLine1" xlink:to="lab_dei_EntityAddressAddressLine1" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_NonCurrentLeaseLiabilitiesRelatedParty_edc1eca5-14e4-4fbc-9687-5ab676979c06_terseLabel_en-US" xlink:label="lab_psny_NonCurrentLeaseLiabilitiesRelatedParty" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current lease liabilities - related parties</link:label>
    <link:label id="lab_psny_NonCurrentLeaseLiabilitiesRelatedParty_label_en-US" xlink:label="lab_psny_NonCurrentLeaseLiabilitiesRelatedParty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-Current lease liabilities - Related party</link:label>
    <link:label id="lab_psny_NonCurrentLeaseLiabilitiesRelatedParty_documentation_en-US" xlink:label="lab_psny_NonCurrentLeaseLiabilitiesRelatedParty" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non-Current lease liabilities - Related party</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_NonCurrentLeaseLiabilitiesRelatedParty" xlink:href="psny-20240630.xsd#psny_NonCurrentLeaseLiabilitiesRelatedParty"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_NonCurrentLeaseLiabilitiesRelatedParty" xlink:to="lab_psny_NonCurrentLeaseLiabilitiesRelatedParty" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfAssetsDomain_694af477-8f36-4498-a77b-e8be7d25d91f_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of assets</link:label>
    <link:label id="lab_ifrs-full_ClassesOfAssetsDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of assets [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfAssetsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ClassesOfAssetsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfAssetsDomain" xlink:to="lab_ifrs-full_ClassesOfAssetsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentPeriodEndDate_abc43d7e-cf59-47ba-823c-99b365441ee2_terseLabel_en-US" xlink:label="lab_dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:label id="lab_dei_DocumentPeriodEndDate_label_en-US" xlink:label="lab_dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentPeriodEndDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentPeriodEndDate" xlink:to="lab_dei_DocumentPeriodEndDate" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_EarningsPerSharePolicyTextBlock_a14cdc79-739b-419f-9256-bf47497ef370_terseLabel_en-US" xlink:label="lab_psny_EarningsPerSharePolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earnings per share</link:label>
    <link:label id="lab_psny_EarningsPerSharePolicyTextBlock_label_en-US" xlink:label="lab_psny_EarningsPerSharePolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share [Policy Text Block]</link:label>
    <link:label id="lab_psny_EarningsPerSharePolicyTextBlock_documentation_en-US" xlink:label="lab_psny_EarningsPerSharePolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Earnings Per Share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_EarningsPerSharePolicyTextBlock" xlink:href="psny-20240630.xsd#psny_EarningsPerSharePolicyTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_EarningsPerSharePolicyTextBlock" xlink:to="lab_psny_EarningsPerSharePolicyTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_StandardCharteredBankMember_7b9ce24e-1131-480e-958c-c294528497f5_terseLabel_en-US" xlink:label="lab_psny_StandardCharteredBankMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Standard Chartered Bank</link:label>
    <link:label id="lab_psny_StandardCharteredBankMember_label_en-US" xlink:label="lab_psny_StandardCharteredBankMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Standard Chartered Bank [Member]</link:label>
    <link:label id="lab_psny_StandardCharteredBankMember_documentation_en-US" xlink:label="lab_psny_StandardCharteredBankMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Standard Chartered Bank</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_StandardCharteredBankMember" xlink:href="psny-20240630.xsd#psny_StandardCharteredBankMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_StandardCharteredBankMember" xlink:to="lab_psny_StandardCharteredBankMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of initial application of standards or interpretations [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:to="lab_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_OtherRevenueMember_829681f8-2ff8-4f82-adf9-e85618a24ed2_terseLabel_en-US" xlink:label="lab_psny_OtherRevenueMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other revenue</link:label>
    <link:label id="lab_psny_OtherRevenueMember_label_en-US" xlink:label="lab_psny_OtherRevenueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Revenue [Member]</link:label>
    <link:label id="lab_psny_OtherRevenueMember_documentation_en-US" xlink:label="lab_psny_OtherRevenueMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Revenue</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_OtherRevenueMember" xlink:href="psny-20240630.xsd#psny_OtherRevenueMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_OtherRevenueMember" xlink:to="lab_psny_OtherRevenueMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfAssetsAxis_519d6bbd-b692-4ed2-b1c8-fa51098d89ce_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of assets [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfAssetsAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of assets [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfAssetsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ClassesOfAssetsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfAssetsAxis" xlink:to="lab_ifrs-full_ClassesOfAssetsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RetainedEarningsMember_8509cd3c-27c3-42f3-9136-368c0c880ced_terseLabel_en-US" xlink:label="lab_ifrs-full_RetainedEarningsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated deficit</link:label>
    <link:label id="lab_ifrs-full_RetainedEarningsMember_label_en-US" xlink:label="lab_ifrs-full_RetainedEarningsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained earnings [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RetainedEarningsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_RetainedEarningsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RetainedEarningsMember" xlink:to="lab_ifrs-full_RetainedEarningsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_A3MonthEuroInterbankOfferedRate2.85Member_c108b7e5-edad-48f3-b68e-6050f1e41531_terseLabel_en-US" xlink:label="lab_psny_A3MonthEuroInterbankOfferedRate2.85Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">3 Month Euro Interbank Offered Rate 2.85%</link:label>
    <link:label id="lab_psny_A3MonthEuroInterbankOfferedRate2.85Member_label_en-US" xlink:label="lab_psny_A3MonthEuroInterbankOfferedRate2.85Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">3 Month Euro Interbank Offered Rate 2.85% [Member]</link:label>
    <link:label id="lab_psny_A3MonthEuroInterbankOfferedRate2.85Member_documentation_en-US" xlink:label="lab_psny_A3MonthEuroInterbankOfferedRate2.85Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">3 Month Euro Interbank Offered Rate 2.85%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_A3MonthEuroInterbankOfferedRate2.85Member" xlink:href="psny-20240630.xsd#psny_A3MonthEuroInterbankOfferedRate2.85Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_A3MonthEuroInterbankOfferedRate2.85Member" xlink:to="lab_psny_A3MonthEuroInterbankOfferedRate2.85Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_0e02a92f-e3ca-43e3-aa28-e69fd8ae0a64_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net loss attributable to common share holders, basic</link:label>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_label_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss), attributable to ordinary equity holders of parent entity, used in calculating basic earnings per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:to="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_A3MonthSecuredOvernightFinancingRatePlus2.3Member_6f7c531f-4945-4d39-ab87-aa8178f04f34_terseLabel_en-US" xlink:label="lab_psny_A3MonthSecuredOvernightFinancingRatePlus2.3Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">3 Month Secured Overnight Financing Rate Plus 2.4%</link:label>
    <link:label id="lab_psny_A3MonthSecuredOvernightFinancingRatePlus2.3Member_label_en-US" xlink:label="lab_psny_A3MonthSecuredOvernightFinancingRatePlus2.3Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">3 Month Secured Overnight Financing Rate Plus 2.3% [Member]</link:label>
    <link:label id="lab_psny_A3MonthSecuredOvernightFinancingRatePlus2.3Member_documentation_en-US" xlink:label="lab_psny_A3MonthSecuredOvernightFinancingRatePlus2.3Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">3 Month Secured Overnight Financing Rate Plus 2.3%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_A3MonthSecuredOvernightFinancingRatePlus2.3Member" xlink:href="psny-20240630.xsd#psny_A3MonthSecuredOvernightFinancingRatePlus2.3Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_A3MonthSecuredOvernightFinancingRatePlus2.3Member" xlink:to="lab_psny_A3MonthSecuredOvernightFinancingRatePlus2.3Member" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_OtherCurrentLiabilitiesRelatedParties_c7284fa9-01b4-4cd9-95fa-15fb434f7fac_negatedTerseLabel_en-US" xlink:label="lab_psny_OtherCurrentLiabilitiesRelatedParties" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Other current liabilities - related parties</link:label>
    <link:label id="lab_psny_OtherCurrentLiabilitiesRelatedParties_7563fb69-7376-47f1-8803-627d7714b78a_negatedLabel_en-US" xlink:label="lab_psny_OtherCurrentLiabilitiesRelatedParties" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other current liabilities - related parties</link:label>
    <link:label id="lab_psny_OtherCurrentLiabilitiesRelatedParties_label_en-US" xlink:label="lab_psny_OtherCurrentLiabilitiesRelatedParties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Current Liabilities, Related Parties</link:label>
    <link:label id="lab_psny_OtherCurrentLiabilitiesRelatedParties_documentation_en-US" xlink:label="lab_psny_OtherCurrentLiabilitiesRelatedParties" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Current Liabilities, Related Parties</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_OtherCurrentLiabilitiesRelatedParties" xlink:href="psny-20240630.xsd#psny_OtherCurrentLiabilitiesRelatedParties"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_OtherCurrentLiabilitiesRelatedParties" xlink:to="lab_psny_OtherCurrentLiabilitiesRelatedParties" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems_93fc0e09-669c-4e42-a7b6-ff7167b19f4a_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of classes of share capital [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of classes of share capital [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:to="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentAssets_4f281daa-e0fe-48cf-ae6b-d456f86fd3a3_totalLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total non-current assets</link:label>
    <link:label id="lab_ifrs-full_NoncurrentAssets_42919c2c-1520-44f3-b2ce-4e026f0c3bd1_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current assets</link:label>
    <link:label id="lab_ifrs-full_NoncurrentAssets_label_en-US" xlink:label="lab_ifrs-full_NoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_NoncurrentAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentAssets" xlink:to="lab_ifrs-full_NoncurrentAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_cbd097a1-bd48-4719-9adb-e070c319cde4_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Current liabilities to credit institutions</link:label>
    <link:label id="lab_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_75f4ae70-0520-49fd-b76a-5e719937e4ab_negatedLabel_en-US" xlink:label="lab_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Liabilities to credit institutions</link:label>
    <link:label id="lab_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_label_en-US" xlink:label="lab_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current borrowings and current portion of non-current borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:to="lab_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComprehensiveIncome_a0461359-ff9f-4c26-8e84-cf39d7e0fb20_totalLabel_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total comprehensive loss</link:label>
    <link:label id="lab_ifrs-full_ComprehensiveIncome_624a23f2-318c-4a71-b087-1bbb729a9d36_negatedTotalLabel_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncome" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Total comprehensive loss - (Restated)</link:label>
    <link:label id="lab_ifrs-full_ComprehensiveIncome_d76bf243-d9d3-48f4-ae3c-a6a0c8715101_terseLabel_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total comprehensive loss</link:label>
    <link:label id="lab_ifrs-full_ComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComprehensiveIncome" xlink:to="lab_ifrs-full_ComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Equity_51f69c83-e606-4e9a-8cef-1f82c52e8480_negatedTotalLabel_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Total equity</link:label>
    <link:label id="lab_ifrs-full_Equity_b50f6fe9-6bdf-488e-87c7-20e1e714204d_periodStartLabel_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
    <link:label id="lab_ifrs-full_Equity_cfc5bb41-11aa-4d5c-b27d-633d7120fe16_periodEndLabel_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:label id="lab_ifrs-full_Equity_label_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Equity" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_Equity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Equity" xlink:to="lab_ifrs-full_Equity" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_InvestingActivitiesMember_3a3b85a4-2e7b-4b19-ab00-bb2c721fa475_terseLabel_en-US" xlink:label="lab_psny_InvestingActivitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investing Activities</link:label>
    <link:label id="lab_psny_InvestingActivitiesMember_label_en-US" xlink:label="lab_psny_InvestingActivitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investing Activities [Member]</link:label>
    <link:label id="lab_psny_InvestingActivitiesMember_documentation_en-US" xlink:label="lab_psny_InvestingActivitiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investing Activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_InvestingActivitiesMember" xlink:href="psny-20240630.xsd#psny_InvestingActivitiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_InvestingActivitiesMember" xlink:to="lab_psny_InvestingActivitiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfChangesInAccountingPoliciesAccountingEstimatesAndErrorsExplanatory_ad3a15c2-2eaa-4ddb-a434-f2029c80f384_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfChangesInAccountingPoliciesAccountingEstimatesAndErrorsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restatement of prior period financial statements</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfChangesInAccountingPoliciesAccountingEstimatesAndErrorsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfChangesInAccountingPoliciesAccountingEstimatesAndErrorsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of changes in accounting policies, accounting estimates and errors [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfChangesInAccountingPoliciesAccountingEstimatesAndErrorsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfChangesInAccountingPoliciesAccountingEstimatesAndErrorsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfChangesInAccountingPoliciesAccountingEstimatesAndErrorsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfChangesInAccountingPoliciesAccountingEstimatesAndErrorsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfOrdinarySharesAxis_baf3a214-a65d-447d-ad1a-dafe74a36e08_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfOrdinarySharesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of ordinary shares [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfOrdinarySharesAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfOrdinarySharesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of ordinary shares [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfOrdinarySharesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ClassesOfOrdinarySharesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfOrdinarySharesAxis" xlink:to="lab_ifrs-full_ClassesOfOrdinarySharesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_ChangeInFairValueOfShares_78ce1e0f-bb0b-4a1f-8fbd-eb57c4436b56_terseLabel_en-US" xlink:label="lab_psny_ChangeInFairValueOfShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value change - Class C Shares</link:label>
    <link:label id="lab_psny_ChangeInFairValueOfShares_d8ad222a-42d7-44c0-ad50-4ca1904d02c0_negatedTerseLabel_en-US" xlink:label="lab_psny_ChangeInFairValueOfShares" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Fair value change - Class C Shares</link:label>
    <link:label id="lab_psny_ChangeInFairValueOfShares_17558843-7e3d-442f-be55-c0557785d2e6_verboseLabel_en-US" xlink:label="lab_psny_ChangeInFairValueOfShares" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Loss before income taxes</link:label>
    <link:label id="lab_psny_ChangeInFairValueOfShares_8ddd1151-2a13-4c96-b749-eaaf40d3e460_negatedLabel_en-US" xlink:label="lab_psny_ChangeInFairValueOfShares" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Income tax expense</link:label>
    <link:label id="lab_psny_ChangeInFairValueOfShares_label_en-US" xlink:label="lab_psny_ChangeInFairValueOfShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Change In Fair Value Of Shares</link:label>
    <link:label id="lab_psny_ChangeInFairValueOfShares_documentation_en-US" xlink:label="lab_psny_ChangeInFairValueOfShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Change In Fair Value Of Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ChangeInFairValueOfShares" xlink:href="psny-20240630.xsd#psny_ChangeInFairValueOfShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_ChangeInFairValueOfShares" xlink:to="lab_psny_ChangeInFairValueOfShares" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems_c70fe35f-eb2a-4b4d-970e-46bbc0dcfca2_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of disaggregation of revenue from contracts with customers [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of disaggregation of revenue from contracts with customers [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems" xlink:to="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_ListingExpense_fbbe7ae2-a65f-46b3-8465-0e2d7811c462_verboseLabel_en-US" xlink:label="lab_psny_ListingExpense" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Disposals and derecognition of property plant and equipment and intangible assets</link:label>
    <link:label id="lab_psny_ListingExpense_label_en-US" xlink:label="lab_psny_ListingExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Listing Expense</link:label>
    <link:label id="lab_psny_ListingExpense_documentation_en-US" xlink:label="lab_psny_ListingExpense" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Listing Expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ListingExpense" xlink:href="psny-20240630.xsd#psny_ListingExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_ListingExpense" xlink:to="lab_psny_ListingExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_OtherNonCurrentInterestBearingLiabilitiesMember_98946ba8-09fe-4fd0-84b0-868bf438eeae_terseLabel_en-US" xlink:label="lab_psny_OtherNonCurrentInterestBearingLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other non-current interest bearing liabilities and other non-current interest bearing liabilities - related parties - (Restated)</link:label>
    <link:label id="lab_psny_OtherNonCurrentInterestBearingLiabilitiesMember_label_en-US" xlink:label="lab_psny_OtherNonCurrentInterestBearingLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Non-Current Interest-Bearing Liabilities [Member]</link:label>
    <link:label id="lab_psny_OtherNonCurrentInterestBearingLiabilitiesMember_documentation_en-US" xlink:label="lab_psny_OtherNonCurrentInterestBearingLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Non-Current Interest-Bearing Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_OtherNonCurrentInterestBearingLiabilitiesMember" xlink:href="psny-20240630.xsd#psny_OtherNonCurrentInterestBearingLiabilitiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_OtherNonCurrentInterestBearingLiabilitiesMember" xlink:to="lab_psny_OtherNonCurrentInterestBearingLiabilitiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_PerformanceStockUnitsMember_d89a55e9-1205-452a-a8fd-627f2e95da02_terseLabel_en-US" xlink:label="lab_psny_PerformanceStockUnitsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">PSUs</link:label>
    <link:label id="lab_psny_PerformanceStockUnitsMember_label_en-US" xlink:label="lab_psny_PerformanceStockUnitsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Performance Stock Units [Member]</link:label>
    <link:label id="lab_psny_PerformanceStockUnitsMember_documentation_en-US" xlink:label="lab_psny_PerformanceStockUnitsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Performance Stock Units</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_PerformanceStockUnitsMember" xlink:href="psny-20240630.xsd#psny_PerformanceStockUnitsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_PerformanceStockUnitsMember" xlink:to="lab_psny_PerformanceStockUnitsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfGeographicalAreasExplanatory_6b7f1080-5066-4682-8f5c-a287e2f6aaa6_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeographicalAreasExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Geographic information</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfGeographicalAreasExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeographicalAreasExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of geographical areas [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfGeographicalAreasExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfGeographicalAreasExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfGeographicalAreasExplanatory" xlink:to="lab_ifrs-full_DisclosureOfGeographicalAreasExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_RevisionOfPriorPeriodAmendedFor6KMember_edce30bb-389f-4ca4-b848-2f9c62583323_terseLabel_en-US" xlink:label="lab_psny_RevisionOfPriorPeriodAmendedFor6KMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revision of Prior Period, Amended For 6K</link:label>
    <link:label id="lab_psny_RevisionOfPriorPeriodAmendedFor6KMember_label_en-US" xlink:label="lab_psny_RevisionOfPriorPeriodAmendedFor6KMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revision of Prior Period, Amended For 6K [Member]</link:label>
    <link:label id="lab_psny_RevisionOfPriorPeriodAmendedFor6KMember_documentation_en-US" xlink:label="lab_psny_RevisionOfPriorPeriodAmendedFor6KMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revision of Prior Period, Amended For 6K</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_RevisionOfPriorPeriodAmendedFor6KMember" xlink:href="psny-20240630.xsd#psny_RevisionOfPriorPeriodAmendedFor6KMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_RevisionOfPriorPeriodAmendedFor6KMember" xlink:to="lab_psny_RevisionOfPriorPeriodAmendedFor6KMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember_fa24a8fb-8f35-4396-876a-8105e27296e6_terseLabel_en-US" xlink:label="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Currency translation reserve</link:label>
    <link:label id="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember_label_en-US" xlink:label="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reserve of exchange differences on translation [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:to="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_TimeStepsShareOptionsGranted_4381e028-49d7-4f67-8294-0a6920b9e4e0_terseLabel_en-US" xlink:label="lab_psny_TimeStepsShareOptionsGranted" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Time-steps, share options granted</link:label>
    <link:label id="lab_psny_TimeStepsShareOptionsGranted_label_en-US" xlink:label="lab_psny_TimeStepsShareOptionsGranted" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Time-Steps, Share Options Granted</link:label>
    <link:label id="lab_psny_TimeStepsShareOptionsGranted_documentation_en-US" xlink:label="lab_psny_TimeStepsShareOptionsGranted" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Time-Steps, Share Options Granted</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_TimeStepsShareOptionsGranted" xlink:href="psny-20240630.xsd#psny_TimeStepsShareOptionsGranted"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_TimeStepsShareOptionsGranted" xlink:to="lab_psny_TimeStepsShareOptionsGranted" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_SharesIssuedAtFairValue_0bf2aaf9-260f-4f84-a31e-48633c761314_terseLabel_en-US" xlink:label="lab_psny_SharesIssuedAtFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value of shares issued</link:label>
    <link:label id="lab_psny_SharesIssuedAtFairValue_label_en-US" xlink:label="lab_psny_SharesIssuedAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Shares Issued, At Fair Value</link:label>
    <link:label id="lab_psny_SharesIssuedAtFairValue_documentation_en-US" xlink:label="lab_psny_SharesIssuedAtFairValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Shares Issued, At Fair Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_SharesIssuedAtFairValue" xlink:href="psny-20240630.xsd#psny_SharesIssuedAtFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_SharesIssuedAtFairValue" xlink:to="lab_psny_SharesIssuedAtFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems_77de5bf2-06c4-4a70-8253-166d0bd574af_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about financial instruments [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about financial instruments [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:to="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_NameOfMajorCustomerDomain_eb192076-5710-4f40-a518-3159c300809d_terseLabel_en-US" xlink:label="lab_srt_NameOfMajorCustomerDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Customer [Domain]</link:label>
    <link:label id="lab_srt_NameOfMajorCustomerDomain_label_en-US" xlink:label="lab_srt_NameOfMajorCustomerDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Customer [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_NameOfMajorCustomerDomain" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_NameOfMajorCustomerDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_NameOfMajorCustomerDomain" xlink:to="lab_srt_NameOfMajorCustomerDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_DisclosureOfScheduleOfFinancialStatementsTableTextBlock_936d9ac9-79db-4b4f-ada9-a1296087fbb5_terseLabel_en-US" xlink:label="lab_psny_DisclosureOfScheduleOfFinancialStatementsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Financial Statements</link:label>
    <link:label id="lab_psny_DisclosureOfScheduleOfFinancialStatementsTableTextBlock_label_en-US" xlink:label="lab_psny_DisclosureOfScheduleOfFinancialStatementsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Schedule Of Financial Statements [Table Text Block]</link:label>
    <link:label id="lab_psny_DisclosureOfScheduleOfFinancialStatementsTableTextBlock_documentation_en-US" xlink:label="lab_psny_DisclosureOfScheduleOfFinancialStatementsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Schedule Of Financial Statements</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_DisclosureOfScheduleOfFinancialStatementsTableTextBlock" xlink:href="psny-20240630.xsd#psny_DisclosureOfScheduleOfFinancialStatementsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_DisclosureOfScheduleOfFinancialStatementsTableTextBlock" xlink:to="lab_psny_DisclosureOfScheduleOfFinancialStatementsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_VehiclesMember_a71e6a0c-de70-4faa-9280-e6fe6fb4f1f1_terseLabel_en-US" xlink:label="lab_ifrs-full_VehiclesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sales of vehicles</link:label>
    <link:label id="lab_ifrs-full_VehiclesMember_2ca43ee1-52aa-499e-aac0-cbc3d187e8dd_verboseLabel_en-US" xlink:label="lab_ifrs-full_VehiclesMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Vehicles under operating leases</link:label>
    <link:label id="lab_ifrs-full_VehiclesMember_label_en-US" xlink:label="lab_ifrs-full_VehiclesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Vehicles [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_VehiclesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_VehiclesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_VehiclesMember" xlink:to="lab_ifrs-full_VehiclesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProceedsFromNoncurrentBorrowings_24333c8b-7f79-4e54-99d1-dee279077c6f_terseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromNoncurrentBorrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from long-term borrowings</link:label>
    <link:label id="lab_ifrs-full_ProceedsFromNoncurrentBorrowings_label_en-US" xlink:label="lab_ifrs-full_ProceedsFromNoncurrentBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from non-current borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProceedsFromNoncurrentBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProceedsFromNoncurrentBorrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromNoncurrentBorrowings" xlink:to="lab_ifrs-full_ProceedsFromNoncurrentBorrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_ShortTermLoanInterestBearingRelatedParties_4ba80638-ec4d-432d-ab99-2a331f5e8609_terseLabel_en-US" xlink:label="lab_psny_ShortTermLoanInterestBearingRelatedParties" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest bearing current liabilities - related parties</link:label>
    <link:label id="lab_psny_ShortTermLoanInterestBearingRelatedParties_label_en-US" xlink:label="lab_psny_ShortTermLoanInterestBearingRelatedParties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Short-Term Loan Interest Bearing- Related Parties</link:label>
    <link:label id="lab_psny_ShortTermLoanInterestBearingRelatedParties_documentation_en-US" xlink:label="lab_psny_ShortTermLoanInterestBearingRelatedParties" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Short-Term Loan Interest Bearing- Related Parties</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ShortTermLoanInterestBearingRelatedParties" xlink:href="psny-20240630.xsd#psny_ShortTermLoanInterestBearingRelatedParties"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_ShortTermLoanInterestBearingRelatedParties" xlink:to="lab_psny_ShortTermLoanInterestBearingRelatedParties" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Revenue_2622d41c-a01c-468a-85e2-e09c368c8105_terseLabel_en-US" xlink:label="lab_ifrs-full_Revenue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue</link:label>
    <link:label id="lab_ifrs-full_Revenue_8ed8185c-bc05-438f-95b4-3b23ac5ac13a_verboseLabel_en-US" xlink:label="lab_ifrs-full_Revenue" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Revenue</link:label>
    <link:label id="lab_ifrs-full_Revenue_label_en-US" xlink:label="lab_ifrs-full_Revenue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Revenue" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_Revenue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Revenue" xlink:to="lab_ifrs-full_Revenue" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_DepreciationExpenseCapitalizedToInventory_7f3cfab3-c190-4f97-a3ca-c83f9e6af1f0_terseLabel_en-US" xlink:label="lab_psny_DepreciationExpenseCapitalizedToInventory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation expense capitalized to inventory</link:label>
    <link:label id="lab_psny_DepreciationExpenseCapitalizedToInventory_label_en-US" xlink:label="lab_psny_DepreciationExpenseCapitalizedToInventory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation, Expense Capitalized To Inventory</link:label>
    <link:label id="lab_psny_DepreciationExpenseCapitalizedToInventory_documentation_en-US" xlink:label="lab_psny_DepreciationExpenseCapitalizedToInventory" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Depreciation, Expense Capitalized To Inventory</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_DepreciationExpenseCapitalizedToInventory" xlink:href="psny-20240630.xsd#psny_DepreciationExpenseCapitalizedToInventory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_DepreciationExpenseCapitalizedToInventory" xlink:to="lab_psny_DepreciationExpenseCapitalizedToInventory" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_DebtInstrumentRepaymentPeriod_c57a6e0a-5cfb-4f25-b6ee-6c553ef7768f_terseLabel_en-US" xlink:label="lab_psny_DebtInstrumentRepaymentPeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt instrument, repayment period</link:label>
    <link:label id="lab_psny_DebtInstrumentRepaymentPeriod_label_en-US" xlink:label="lab_psny_DebtInstrumentRepaymentPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Repayment Period</link:label>
    <link:label id="lab_psny_DebtInstrumentRepaymentPeriod_documentation_en-US" xlink:label="lab_psny_DebtInstrumentRepaymentPeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Instrument, Repayment Period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_DebtInstrumentRepaymentPeriod" xlink:href="psny-20240630.xsd#psny_DebtInstrumentRepaymentPeriod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_DebtInstrumentRepaymentPeriod" xlink:to="lab_psny_DebtInstrumentRepaymentPeriod" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_ConcentrationRiskPercentage_51866f9a-3e50-4c36-845b-f049384a401f_terseLabel_en-US" xlink:label="lab_psny_ConcentrationRiskPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Concentration risk, percentage</link:label>
    <link:label id="lab_psny_ConcentrationRiskPercentage_label_en-US" xlink:label="lab_psny_ConcentrationRiskPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Concentration Risk, Percentage</link:label>
    <link:label id="lab_psny_ConcentrationRiskPercentage_documentation_en-US" xlink:label="lab_psny_ConcentrationRiskPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Concentration Risk, Percentage</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ConcentrationRiskPercentage" xlink:href="psny-20240630.xsd#psny_ConcentrationRiskPercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_ConcentrationRiskPercentage" xlink:to="lab_psny_ConcentrationRiskPercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDeferredIncomeExplanatory_92c6c07a-283e-4dcc-8698-0b7bf0e32667_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDeferredIncomeExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Contract Liabilities</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDeferredIncomeExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDeferredIncomeExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of deferred income [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDeferredIncomeExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfDeferredIncomeExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDeferredIncomeExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDeferredIncomeExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_CurrentLiabilitiesAccruedExpensesRelatedParties_4bdb4e41-80e8-48c7-909f-87c6af685b9c_negatedTerseLabel_en-US" xlink:label="lab_psny_CurrentLiabilitiesAccruedExpensesRelatedParties" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Accrued expenses - related parties</link:label>
    <link:label id="lab_psny_CurrentLiabilitiesAccruedExpensesRelatedParties_157adb4e-1498-49ec-8b33-ab61d28ac45c_negatedLabel_en-US" xlink:label="lab_psny_CurrentLiabilitiesAccruedExpensesRelatedParties" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Accrued expenses - related parties</link:label>
    <link:label id="lab_psny_CurrentLiabilitiesAccruedExpensesRelatedParties_label_en-US" xlink:label="lab_psny_CurrentLiabilitiesAccruedExpensesRelatedParties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Liabilities, Accrued Expenses, Related Parties</link:label>
    <link:label id="lab_psny_CurrentLiabilitiesAccruedExpensesRelatedParties_documentation_en-US" xlink:label="lab_psny_CurrentLiabilitiesAccruedExpensesRelatedParties" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Current Liabilities, Accrued Expenses, Related Parties</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_CurrentLiabilitiesAccruedExpensesRelatedParties" xlink:href="psny-20240630.xsd#psny_CurrentLiabilitiesAccruedExpensesRelatedParties"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_CurrentLiabilitiesAccruedExpensesRelatedParties" xlink:to="lab_psny_CurrentLiabilitiesAccruedExpensesRelatedParties" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForFinanceIncome_eafb7ceb-d85a-44ab-b8ab-7438284d19f4_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForFinanceIncome" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Finance income</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForFinanceIncome_3cec26c9-607a-470d-b101-ec9aba771bbc_negatedLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForFinanceIncome" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Finance expense</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForFinanceIncome_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForFinanceIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for finance income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForFinanceIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForFinanceIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForFinanceIncome" xlink:to="lab_ifrs-full_AdjustmentsForFinanceIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_InvestmentShares_ab09ee14-7bb1-43dc-9e63-f06200219af5_terseLabel_en-US" xlink:label="lab_psny_InvestmentShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number Outstanding</link:label>
    <link:label id="lab_psny_InvestmentShares_label_en-US" xlink:label="lab_psny_InvestmentShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Shares</link:label>
    <link:label id="lab_psny_InvestmentShares_documentation_en-US" xlink:label="lab_psny_InvestmentShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investment Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_InvestmentShares" xlink:href="psny-20240630.xsd#psny_InvestmentShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_InvestmentShares" xlink:to="lab_psny_InvestmentShares" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_WuxiInfiMotionPropulsionTechnologyCo.Ltd.Member_b52cb26f-edf7-426d-a7ea-6e95206d23e1_terseLabel_en-US" xlink:label="lab_psny_WuxiInfiMotionPropulsionTechnologyCo.Ltd.Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Wuxi InfiMotion Propulsion Technology Co., Ltd.,</link:label>
    <link:label id="lab_psny_WuxiInfiMotionPropulsionTechnologyCo.Ltd.Member_label_en-US" xlink:label="lab_psny_WuxiInfiMotionPropulsionTechnologyCo.Ltd.Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Wuxi InfiMotion Propulsion Technology Co., Ltd., [Member]</link:label>
    <link:label id="lab_psny_WuxiInfiMotionPropulsionTechnologyCo.Ltd.Member_documentation_en-US" xlink:label="lab_psny_WuxiInfiMotionPropulsionTechnologyCo.Ltd.Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Wuxi InfiMotion Propulsion Technology Co., Ltd.,</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_WuxiInfiMotionPropulsionTechnologyCo.Ltd.Member" xlink:href="psny-20240630.xsd#psny_WuxiInfiMotionPropulsionTechnologyCo.Ltd.Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_WuxiInfiMotionPropulsionTechnologyCo.Ltd.Member" xlink:to="lab_psny_WuxiInfiMotionPropulsionTechnologyCo.Ltd.Member" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_BorrowingsArrangementFeePercentage_593abb24-5831-43fa-a5c2-d4a0940ddecf_terseLabel_en-US" xlink:label="lab_psny_BorrowingsArrangementFeePercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowings, arrangement fee, percentage</link:label>
    <link:label id="lab_psny_BorrowingsArrangementFeePercentage_label_en-US" xlink:label="lab_psny_BorrowingsArrangementFeePercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings, Arrangement Fee, Percentage</link:label>
    <link:label id="lab_psny_BorrowingsArrangementFeePercentage_documentation_en-US" xlink:label="lab_psny_BorrowingsArrangementFeePercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Borrowings, Arrangement Fee, Percentage</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_BorrowingsArrangementFeePercentage" xlink:href="psny-20240630.xsd#psny_BorrowingsArrangementFeePercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_BorrowingsArrangementFeePercentage" xlink:to="lab_psny_BorrowingsArrangementFeePercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_WorkingCapitalLoanMember_e70f6844-f6dd-47ec-b93f-7aff0ada17bd_terseLabel_en-US" xlink:label="lab_psny_WorkingCapitalLoanMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Working Capital Loan</link:label>
    <link:label id="lab_psny_WorkingCapitalLoanMember_label_en-US" xlink:label="lab_psny_WorkingCapitalLoanMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Working Capital Loan [Member]</link:label>
    <link:label id="lab_psny_WorkingCapitalLoanMember_documentation_en-US" xlink:label="lab_psny_WorkingCapitalLoanMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Working Capital Loan</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_WorkingCapitalLoanMember" xlink:href="psny-20240630.xsd#psny_WorkingCapitalLoanMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_WorkingCapitalLoanMember" xlink:to="lab_psny_WorkingCapitalLoanMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationLineItems_aa52ef1f-8420-44cd-bd40-b9dfc3def2b0_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of contingent liabilities in business combination [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of contingent liabilities in business combination [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationLineItems"/>
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