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<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
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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">
    <link:label id="lab_psny_CurrentAccruedIncomeFromRelatedParties_6912b6e3-cae4-4646-b174-ff7c36c1ab7a_terseLabel_en-US" xlink:label="lab_psny_CurrentAccruedIncomeFromRelatedParties" 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_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>
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    <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"/>
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    <link:label id="lab_ifrs-full_SignificantInvestmentsInAssociatesAxis_7d1380a9-21d9-469d-9646-dee7e31d8f42_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_93814ce1-0fa4-4f38-a68c-a31d9af92708_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_0511ea20-fee8-41de-811e-fc0a228c46a0_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_70e93eff-3c77-4434-ad7f-8821c891b6a5_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_aa7fb0f3-4e2b-40db-a9d3-e01bed00b156_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_48f09c68-64de-4713-9a56-18c8dbf38334_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_ce40bbbe-2cd7-4a76-9b15-4ea2cabb9fad_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_33de7034-92f3-4d55-b39a-d1c782e46ddf_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_63fd7f34-1b45-46fb-9e73-bbc5d2139319_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_3278bf40-33fb-4c68-9285-51d143a66876_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_9ab30337-5cdc-46c8-a342-b8b9d9dece8d_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_dc67db02-ade2-4922-8043-e5904724a1ba_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_683e7658-6322-476a-a8c8-50e041167f73_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_6177f6f7-0fdc-4324-a05a-47cc9adef62c_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_f35100ee-ec12-4cea-8d68-f56daaa99e1c_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_8b32a93d-8523-4cd6-89ff-6ef9f08f0aab_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"/>
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    <link:label id="lab_psny_ContractLiabilitiesProvidedForDuringThePeriod_3129b13b-2ecb-4815-b813-2253c9a187d2_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</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_psny_ContractLiabilitiesProvidedForDuringThePeriod" xlink:href="psny-20240630.xsd#psny_ContractLiabilitiesProvidedForDuringThePeriod"/>
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    <link:label id="lab_psny_ExternalInvestorsMember_02af5896-1581-4297-9d23-d972854aacd5_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_58a6103b-33f4-4788-9a32-1c431a54f691_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_ifrs-full_DisclosureOfEarningsPerShareExplanatory_d878279e-c2ad-4c9b-ab45-1ec1fbc0daeb_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>
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    <link:label id="lab_psny_A12MonthSecuredOvernightFinancingRatePlus0.9Member_4f0d979d-89b6-4620-8879-6c1f2b713ca5_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>
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    <link:loc xlink:type="locator" xlink:label="loc_psny_A12MonthSecuredOvernightFinancingRatePlus0.9Member" xlink:href="psny-20240630.xsd#psny_A12MonthSecuredOvernightFinancingRatePlus0.9Member"/>
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    <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>
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    <link:label id="lab_ifrs-full_ClassesOfContingentLiabilitiesAxis_65a561c4-5bab-444a-abc7-d740df13c7fe_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"/>
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    <link:label id="lab_psny_InvestmentInPolestarCompanyTechnology_b294a864-7baa-4fdc-addb-62dc683b4edc_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"/>
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    <link:label id="lab_ifrs-full_DisclosureOfFinancialLiabilitiesExplanatory_6efd3550-4719-4fd8-a1d3-657940aecea0_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>
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    <link:label id="lab_ifrs-full_DescriptionOfUncertaintiesOfEntitysAbilityToContinueAsGoingConcern_fda9c0e0-95ac-4cbe-b36b-b738e1ec52b6_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_7c65799a-d59b-425b-988c-7dafd0ee0dd8_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>
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    <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_6b6bc274-780e-4ffd-9f8b-adb138bb2a9f_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_12cc5919-f8f2-4d9b-830c-d383b7c22413_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>
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    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValue_acc9eaca-f976-497f-9d23-38da7a507e81_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_5904a2c3-eaf1-45b5-acd2-f11fa144a8e0_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:label id="lab_psny_PolestarTechnologyPolestarAndNanjingJiangningEconomicAndTechnologicalDevelopmentZoneMember_7e7d0b14-0f11-44dd-aed1-48b609046048_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_ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory_c5a1189e-9363-4738-af78-c72c0c4b652b_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>
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    <link:label id="lab_ifrs-full_GeographicalAreasDomain_b97946c7-068c-44c0-8325-856aff3b34ce_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_ea19fb19-e548-4b96-8e4c-0810441e827e_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_00b8b009-f1d6-4245-9389-fb2a1092acd1_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_9170db09-197a-49b1-962e-9f056e1289d4_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_54ad70fc-c74f-42e9-83d0-32a6947fe9fd_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_8af1822c-4453-4647-bb50-469b68518f30_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_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_ae5627f7-0d84-465c-80a8-059af0b916ff_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_49f1cc53-b637-4ab6-8ec7-5fdf2a6a1b8c_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_bfe073f8-f01b-49fd-b266-f3399420adf6_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_5683a515-0b67-43f8-a6d4-fb2674c5d94f_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">Trade payables, accrued expenses and other liabilities</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_716cd104-c266-4fbe-8935-e544f37210ef_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_d3293c8d-f48f-4175-ad83-17463ca36032_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_4577ecff-4053-42b4-9d06-7d62f1921311_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_2238f3bd-23e5-4578-b33e-4db7365fe668_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_f3a95db2-3417-4c18-8f12-3b3d59c177d6_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_3cdb0c34-e667-4b0a-8d3e-bf4a5e58436e_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_06051697-bf36-4eb4-9746-47eb1eb4321a_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_ea93573f-ae51-47b3-8e30-9215f205f61a_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_f765d57e-7529-445d-8bc3-7e7c5f2bda8c_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_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable_016a5481-90cd-4471-a95f-02920de86050_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"/>
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    <link:label id="lab_ifrs-full_NoncurrentLiabilities_c1c8448d-a9d9-450c-b719-01ed16804764_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_4cda52ba-4a48-4566-823b-ca1b79ffe150_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_39bc0041-bb1d-4779-9ca8-c4c71219ee9a_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_369fb7f6-05a6-4ae8-ad21-c391bf90fd4a_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_1e85d44e-f1db-4565-ab42-f024cdd14b5c_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_06c35555-2649-4299-8bac-8f05005df127_terseLabel_en-US" xlink:label="lab_srt_RevisionOfPriorPeriodReclassificationAdjustmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustments</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_066d8f3a-ba82-4062-9a61-53671fda9ba1_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_f7b36351-e032-410e-ae0b-e9fe7460c308_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_42161db5-2ada-4321-b47a-c77dbc1884df_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_2254be91-6308-4cae-b549-d0e60d5deb7f_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_fc353ac6-73ae-4ecb-842f-3a16d6c6dd1c_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_7adf342c-1083-434d-91cf-5647f9c9df46_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_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_8ecb8bd2-8caf-4532-a2e7-c2e2b6e5a8e2_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_b654519c-4447-4d58-bd2b-d626b5308d32_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_CostOfSales_65bfe154-d0fb-4ea9-a7f3-a70b75aa5708_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_48318f73-cf11-4d00-888f-3fc011936ba3_negatedLabel_en-US" xlink:label="lab_ifrs-full_CostOfSales" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" 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_674bbcb2-769a-4e8b-b9e8-6281dda8e631_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_23668555-808b-4c45-9844-fe2de53a7d96_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</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncome_659a4064-46dd-4a19-a773-800c1ade202d_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_f2305c75-1880-4ca7-bf26-ba0f28ad8b54_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_7dab1cd2-fd54-4367-ac70-650832615cd6_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</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_a924c259-6860-4fcc-b466-a62d14764b9f_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_1df96893-2f4a-4c51-aaea-9d401000893a_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</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_8a49f627-6f9f-4fe3-97b6-e150834828f5_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_EnteringIntoSignificantCommitmentsOrContingentLiabilitiesMember_c5615718-abae-4e81-87eb-c487c1573a3b_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_f7644c0b-fe33-4830-86be-f02be308471d_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_a29caaa0-798a-4121-99f3-8b16c7f5c300_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_389be31d-3099-4258-a783-4e5bff9c92de_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_6f481314-a787-46da-89bc-a7a4454a9e74_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_8b5eb9a3-7188-4e03-9284-a944e2efcc5d_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_84fbfdc4-7e6c-42df-8984-9376f860b450_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_5a59d895-b3b6-44a7-bc76-25683074cbd7_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_7cac4847-08f5-40df-9bf0-044adebf50da_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_18745718-04e9-4285-88d4-6acc3db173ca_terseLabel_en-US" xlink:label="lab_psny_RestrictedCashMember" 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_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_ea8015ed-fb13-49ed-8a12-0a5b8f1667d5_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_1d26e096-d70b-495a-83d9-06b7748cb93c_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_ad7c05ee-d8db-4cf7-baa7-6f457323f59c_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_bce68340-06b0-4065-a60b-e1771000bc3b_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_3733f433-110f-4874-80c8-6a7a24e2301a_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_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_061ce4cf-8fa6-40a2-8b45-5555ae1eec78_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_39c1ec6a-1967-4b8b-989e-0874354db2ab_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_c9c27844-cc62-4417-9d33-f1be53e9d323_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_b1859fe2-325c-4ad7-bd37-4c49cb7a3f49_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_c9880a5e-1792-423f-bbf9-c10330677256_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 short-term 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_58c3deca-d47a-46d9-8000-f5a90eab1c3e_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_4135fd72-b40d-4184-8f5a-a1b601622e30_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_3db9b053-459a-402a-8646-d28427131e51_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_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_cecb7063-556c-4710-9265-d2647dcc1819_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_f0a5b588-ecd0-44fd-88a7-18100d13fcc4_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_33e1e2ac-a837-4980-87c3-43e473d70030_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_2be49548-06be-48f4-8adb-2aa5b45056c9_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_560e55e4-efd7-4c05-a6c8-5cda43d00c1e_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</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_6d2a4a9e-b1f9-4e5b-8027-c80aee882b44_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_68ce8cd6-57bc-44dd-821d-c9baf86c5316_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_eecaa392-709a-4ef6-a326-334e87c2e8e8_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_1985cd0e-675b-46dd-965b-e599b901cab4_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_e1b7c578-1ed5-4551-b437-55bb2c711c2b_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</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_f589d97c-9444-40f6-a0c7-4e75c937e420_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_878b5c29-a866-446a-9ee2-b4b72be95859_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_15fb160f-a62b-4fd1-bd59-84011a8a1919_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_b9be6142-60fa-4537-913e-1211b9759c0a_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_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_59db7300-4144-4ef2-899c-995ec4e953e5_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_99f1bad8-2b94-4ea4-b456-a441569be866_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">Trade receivables, prepaid expenses and other assets</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_ece08a01-8af7-4290-bdea-58e5e1c88a4f_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_70b6a777-a7d8-423c-b531-39a91a09b20c_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_f6e16426-5881-4cc2-b4ad-d41cd43c73e1_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_0db42fd8-fa8f-487b-9507-08b07bf824c4_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_5bd72985-47db-4f6a-8ac5-f3dc445df292_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">Interest received</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_623df106-05d0-4a84-a009-eeaa2347fc0c_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_381b708e-8543-4e15-9762-233c5c9d98b2_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_6c9828d0-a2f6-42d3-b585-e9cdd4b5f1d3_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_6da24b68-4ef3-44b4-a4f6-f0e275c9e86d_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_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_0a44a84b-064c-4693-b552-bd571203e6d4_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_d8cc8d0e-ee71-4343-8f5c-21daea07f906_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_970c5797-dfe6-4383-adf7-c4cb30f6d061_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_cb80b282-ad6b-4d68-823a-fdd411c19ec7_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>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfRevenueExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfRevenueExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfRevenueExplanatory" xlink:to="lab_ifrs-full_DisclosureOfRevenueExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherNoncurrentLiabilities_3a843d97-0d53-471d-a664-20237ca650e5_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_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"/>
    <link:label id="lab_ifrs-full_ComponentsOfEquityAxis_effca1e5-edd8-4512-8f70-c74f93908e1b_terseLabel_en-US" xlink:label="lab_ifrs-full_ComponentsOfEquityAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Components of equity [axis]</link:label>
    <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"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComponentsOfEquityAxis" xlink:to="lab_ifrs-full_ComponentsOfEquityAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_RevenueFromSaleOfGoodsRelatedPartyTransactionsPercentageOfTotalRevenue_166761e4-3bca-4bd0-bf94-753592a538d6_terseLabel_en-US" xlink:label="lab_psny_RevenueFromSaleOfGoodsRelatedPartyTransactionsPercentageOfTotalRevenue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" 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_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_6d1dffa8-4866-412b-8c3d-b872b81bbb71_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</link:label>
    <link:label id="lab_psny_IncreaseDecreaseThroughTransfersAndOtherChangesLeaseLiabilities_label_en-US" xlink:label="lab_psny_IncreaseDecreaseThroughTransfersAndOtherChangesLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) Through Transfers And Other Changes, Lease Liabilities</link:label>
    <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"/>
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    <link:label id="lab_psny_InterestBearingCurrentLiabilitiesAndInterestBearingCurrentLiabilitiesMember_e9395c31-08b5-49be-99fb-a2a8c24a7500_terseLabel_en-US" xlink:label="lab_psny_InterestBearingCurrentLiabilitiesAndInterestBearingCurrentLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest-bearing current liabilities1 and interest bearing current liabilities - related parties</link:label>
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    <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_ca2d149b-cc18-4a66-8381-a61c354ae60d_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>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects_label_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" 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 diluted earnings per share</link:label>
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    <link:label id="lab_ifrs-full_ReceivablesDueFromAssociates_186a0456-d118-45ee-a5f9-2d6d30bf24b1_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:label id="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories_80904fc9-c523-4c07-bdde-dbfaf009ad7b_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_0f8c41f6-f111-4d5e-9a71-347b79886c56_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_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_3a5306bc-9a77-48c8-ac17-b6e4f1e2ad70_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>
    <link:label id="lab_ifrs-full_ContractualCommitmentsForAcquisitionOfIntangibleAssets_label_en-US" xlink:label="lab_ifrs-full_ContractualCommitmentsForAcquisitionOfIntangibleAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contractual commitments for acquisition of intangible assets</link:label>
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    <link:label id="lab_psny_RenaultKoreaMotorsCo.LtdMember_bace825f-39ee-454c-881f-8b33be08a378_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:label id="lab_psny_RenaultKoreaMotorsCo.LtdMember_documentation_en-US" xlink:label="lab_psny_RenaultKoreaMotorsCo.LtdMember" xlink:role="http://www.xbrl.org/2003/role/documentation" 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_9fa098a4-750f-4504-956f-679168f7ff85_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_194f14d7-1167-446c-af17-9d94be68fe7f_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_4c00fb54-fa0e-4620-bc16-f7e821a80d87_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_dba5cc7f-bb91-42f6-9c50-577a8768fafd_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_29a962f0-6d26-42f1-936a-6de11f9d3130_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>
    <link:label id="lab_psny_ClassAOrdinarySharesMember_documentation_en-US" xlink:label="lab_psny_ClassAOrdinarySharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class&#160;A&#160;Ordinary Shares</link:label>
    <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_46578ea8-baf4-4dc4-ae0e-573aba854690_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>
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    <link:loc xlink:type="locator" xlink:label="loc_psny_ReverseRecapitalizationChangeInFairValueMeasurement" xlink:href="psny-20240630.xsd#psny_ReverseRecapitalizationChangeInFairValueMeasurement"/>
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    <link:label id="lab_psny_InvestmentInAffiliatesShareOfNetIncomeLoss_9e37097c-4051-4c16-9a40-e8609ad912b2_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>
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    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillExplanatory_d5fc37a0-dbaa-43fa-9916-fff2018d451b_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>
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    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities_41e86779-7da2-4de8-b01c-d95ede47f399_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_d28fea3f-0912-410d-a893-3d635ba0716a_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"/>
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    <link:label id="lab_psny_June12MonthLoanPrimeRatePlus0.85Member_7b54736c-286c-4ea5-bae7-39e43058e7bc_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"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_June12MonthLoanPrimeRatePlus0.85Member" xlink:to="lab_psny_June12MonthLoanPrimeRatePlus0.85Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SellingGeneralAndAdministrativeExpense_78d61808-5dcc-48cd-9a90-33b01675abc1_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_52fa2120-7c7e-477a-99c4-f193e50f27e8_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_3a43f1cd-c075-4981-ba43-4cb01986e1a7_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_78f55a6a-a1d4-4fe2-a030-721c6a60be7f_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">Listing expense</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_60f69d86-a9f6-40e2-b3a6-02c43c88c600_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"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:to="lab_ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentTradeReceivables_f3fae323-d61a-40ca-857f-21f2b9dbc56e_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_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_9c72f279-2367-45c5-8f2a-7644dc42fc9c_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>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of classes of share capital [table]</link:label>
    <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"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:to="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_ClassASharesMember_907b370b-2e92-4e13-8329-1d0e98d0f774_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_3687cd6f-1437-4fee-a95d-87cdb57a84db_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_6092607f-5fd3-4f8b-816f-6ab9b77aa74e_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"/>
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    <link:label id="lab_ifrs-full_RightofuseAssets_c1e15020-1f91-4135-9a59-cfa7240091d4_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_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_c0ef3f55-3196-4775-aeab-82529902ab5e_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_2c2ab1f6-3fa4-449c-b873-5a41e8bcb3ba_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 from PPE</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_0a46964d-01b6-428a-9289-76591e499ca3_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_08820ebd-06b4-47f1-823e-dfdd5587992a_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_2f21b215-dab0-4af1-a8eb-187a8c9dd692_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:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:to="lab_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComputerSoftwareMember_59156ac2-0ed4-4fae-bf13-ffa5dd4cd1e9_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>
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    <link:label id="lab_dei_EntityAddressCountry_d969bb64-8445-4f91-9b2e-b6eb1d843995_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>
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    <link:label id="lab_ifrs-full_NumberOfSharesIssued_252d1b3e-6517-4e8a-b7ea-db15be89acb1_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>
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    <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"/>
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    <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"/>
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    <link:label id="lab_psny_OtherNonCurrentReceivablesMember_2d48a3f9-f355-4fc8-910a-5c0a2b56d88e_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 non-current receivables</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"/>
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    <link:label id="lab_ifrs-full_LaterThanFiveYearsMember_56ddbf87-40fd-427c-a850-cbca255333da_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>
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    <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"/>
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    <link:label id="lab_ifrs-full_FinancialLiabilities_8130a153-c824-409a-be2b-ae95787b6615_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_529b1cd9-6243-49e9-b985-5be7063d5e97_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_e3f52f4f-69a4-4dab-b21f-efd3f3f6b112_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_6cb65ade-178e-4c17-881b-eb74c37d5af3_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 liabilities related to repurchase commitments</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_65d23fb3-976d-4901-b3d4-a4691d9a3705_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_83e0404c-7b40-42b8-b03f-a2a43acb3aa1_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_94a544bd-8401-45d4-b3d7-8ac2d4118122_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>
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    <link:label id="lab_psny_BalanceSheetLocationDomain_6c3ffe60-7bc4-42bf-a55b-bc11688827f3_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_d2729daf-6269-4fe9-b5b5-0886fd91b2d5_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>
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    <link:label id="lab_ifrs-full_GrossCarryingAmountMember_dd2ef606-e2c8-40d0-ad79-ae043cc9ecdb_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_e32b0019-0c3d-4c86-9eb9-9daf84afc9e3_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_a2c345b8-5a89-4294-a7e3-e6f8638ad2d3_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_03037656-52a7-4c9d-bdca-052879c6af56_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_40ed907e-8fb6-49ab-aecb-a5a68de307e4_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_59997bef-dfe9-49a2-8f6c-f12bcf05a3d0_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_75df2091-b8de-4c27-81ed-0f68d23633e2_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_78af4a02-c614-4e9c-8377-31c093a41ae7_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_psny_VehicleLeasingMember_75accaeb-2ed3-49f6-9691-b2ff6c7fa57e_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_8776871c-7856-410a-8301-37795ec0de54_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_5acc2da2-af0e-425e-8526-731be233d08c_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_69d1f537-c8f8-425e-860a-c35beebc7f2e_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_aa1727d7-b6eb-4d60-8bd0-e5ec0892a3db_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_d9faae54-d73c-4038-b43c-933cc50aeaf4_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_f5f77cca-1370-439f-817f-ef2aabab9845_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_db69588d-b318-46e8-a597-5b0bf5b9e4c0_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_155a4ab6-fa2d-4a4f-9419-ff752f148bff_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_f24d672d-6f7c-44e1-bc91-1ffe66c116e6_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_7a182faa-f26b-4268-887c-de0ec1f55704_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_3a5ade3e-27ce-4071-9ae1-863ba6a81c8e_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_8db1a427-41a6-4769-ad1b-4d761fcb16b2_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_4bf73ac4-ee6f-40c6-99a7-307258ffb9df_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_54f45099-b89b-418a-aca6-c61fcb324c28_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_0a269be5-f81e-4d97-9fa1-83bdc19b7d62_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">Income tax expense</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_3a7bd7b3-a613-4e6b-8c8e-228db5c82294_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_d533b425-7b25-4d6b-ac4b-65e954bbea0d_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_5b3f8496-4ade-4132-a56b-e009875603fb_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_4295d8e6-0f70-458a-b297-0f9c339882f8_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_076c3822-b063-4c3f-b11f-b587b76bb7d8_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">Additions to intangible assets</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_41e91fc9-9a5a-4111-8262-17dd5347b878_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_01bf8e9c-f169-41d5-98e3-d839bf5022e1_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_4a4b38a8-06e3-40e8-b933-38f9bcb3cdbc_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_9d9edbb4-e843-4fe7-9eb1-635b066dfcc7_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_6e58a181-96f8-429d-863b-ad1dde3a2208_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_939562ea-0139-4eeb-9d2a-72bccb1240f4_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 income</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_63b2a993-60b3-4bfc-a2f6-9cea9bbb3200_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_acc0ef83-db29-4588-8186-9fb2f948f4b2_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_cf494115-ed7e-4911-965c-adab20ba6339_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_a33f3b26-4adb-4500-9f1a-50eeaf8314be_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_82ba9fae-624e-4a27-ba9e-a24d5dd4251f_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_bf20133a-12a9-4c13-bffc-1a6699bec568_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_520e1f38-bab3-442b-989d-f8512ffbd394_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_cb54fde7-3acb-4ca4-bdfe-fdb64cb0489f_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_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_935dab47-11df-427a-ae1c-c51106b3b47a_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_4bf1a82d-f17c-46e2-a494-9b0b9016caf0_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_3829282b-2811-45a4-8dca-821db46b1609_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_ce9184cf-a9b9-4b92-b387-cc385df56e47_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_939db8f5-c7ca-475b-a695-3c1d4c00c3ad_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_af97f802-f282-48e9-b80e-865af7ef0da3_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_74cd2b52-5c5b-423a-8329-ee886843f44a_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_697bc37e-6bfb-4a5c-8723-e0ca0b6fea24_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_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_a9feb692-826b-4f2f-b4e6-4963a8daf962_terseLabel_en-US" xlink:label="lab_psny_OtherCurrentReceivablesMember" 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_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_5e927810-1d85-404c-a15f-ab2a7ac03478_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_81061d2f-b490-4c4c-9735-ced986f3dadf_terseLabel_en-US" xlink:label="lab_country_CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Canada</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_3f4cd8dd-5bd9-48dc-9e11-00e38c1442d0_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_4cd21e4b-e5b6-4f35-921d-35ad29a16f53_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_6e3985a1-a873-45e5-95ea-7e3717eb4cf7_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_1ade7ac9-ba14-4c86-8881-2cab3484c320_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_52d04b69-ba3b-44c3-94f4-b14970d77909_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_33ae01f6-e67d-4ff8-b595-4cba00ac55ea_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_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_psny_SharesLiability_d3faf54d-56dc-47d4-aee5-1dcb69c99320_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_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_4b19c279-8cf7-49ff-a8d9-d3c82cf498d7_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_51195fe0-de38-47c8-a743-5d452403a2e9_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_9d081060-4735-4e2b-a406-da76ad53ae70_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_f89ff0b4-1e56-43db-bab7-1eac899da6f3_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_a94af4b4-9cee-4097-abf4-c5d11ccb75bc_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_1bc749c8-3762-46c8-925b-b78907fb71dc_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_94f21e71-d4e6-458e-9bc6-89a3a7671b5f_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_a7eb6bdf-b51e-4e29-bdf6-1eabde6c2306_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_65529310-db5a-467b-8709-7220c4504ef7_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_b27c73f5-710b-4be1-963c-c7dc8466318d_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_e6546a1b-ae7a-47c7-85fe-8f17d3f00034_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_f85140d6-5167-45e4-bf0f-0030a9559f81_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_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_d60ac15b-f072-4a6b-b5dc-89ccd0ee32fd_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_207bdfe8-1d97-4ce3-8253-a751a38203ef_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_bc718fb3-5823-4ac0-940a-31fd68f41909_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_9de69636-abdc-47e1-a36d-33421055dc92_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_d3fdd810-f0a9-426c-8bdb-efcd1d8b0cb1_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_3afb25ad-8799-4285-a4a2-88abc73c3bd6_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_4f693b56-5233-4cfe-8fef-c757773127ab_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_9e5edc17-4ff4-443a-87f2-b48d9d9291a0_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_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_d83c9d39-e4df-4879-abaa-e8f14c564dcf_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_cb8ffa35-3880-4ce0-b2d6-e1b60aaaea07_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_35739c0a-a495-41d6-815f-4a3665e13bf4_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_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_d2aec2df-443c-487d-b641-be6ef77666fc_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_d290508c-0409-4aae-9f99-1a0bb544535c_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_b9d9face-fbdf-4526-8199-b38eaea832c5_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_19721b04-07a4-4d92-bac9-30dd70ec7543_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"/>
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    <link:label id="lab_ifrs-full_CarryingAmountOfNoncurrentLiabilitiesWithCovenants_e77b23b3-91bf-4976-ae3d-ef0cb2e13d60_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_55604d33-a42b-4582-896a-d3ca0d0c893b_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"/>
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    <link:label id="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_f2881757-1bb8-4665-a0f7-00b27cdf7cd0_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_cf55fb9f-b568-4829-9933-0d563c88eafe_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_66e5af33-7714-40f0-8866-7eb6edfc81a6_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_d1ee284e-ac46-41fd-a981-0733db53a67d_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_987f190c-dc7c-4af3-8b21-c37a97ec2490_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_9b38b82b-c133-4480-adec-c4d602b0f54b_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_5821e9ff-297f-499a-8cb1-60696326a4d5_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_f6acfc8a-d289-4dfd-8b8f-38326fe8b2c6_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_e775d673-89cd-4b7d-b10c-3dd2bdc60ae9_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">Interest paid</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_d9d035d2-15dc-45c6-a58f-df862eb91167_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_5a578664-92d9-45a5-80b0-8e0c04baea80_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_2f3757c4-bca1-456d-adb3-51106fceba7c_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_65e3c1a1-ff93-4c69-adb3-9a28b9aa1deb_terseLabel_en-US" xlink:label="lab_psny_OtherCurrentLiabilitiesDueFromRelatedPartiesMember" 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</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_0467f30b-022d-473d-ab70-b7fc494b4b21_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_ff0f4e13-71f4-49c6-be6d-042d8fe9349a_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_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_ec86d791-f4f2-4bc9-9bba-c81686f558fc_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_ba838944-ab91-4356-9397-4c39260a3d65_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_91a7372f-46e9-4a7f-bd2c-5a5e49de3673_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_adf23b45-2238-46cc-9cab-ea83b42a4093_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_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_30c064c1-05ce-430b-b3ee-2be087fd1cb9_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_45dba952-970b-4909-807a-134415f43bc5_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_c839bb9d-a0fd-4db0-8a15-78f6682508a0_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_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_d8017343-4f08-4b1e-bb46-aa07d35e41f8_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_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_8db08686-b3da-4e8b-b24b-78e9e9cb40cc_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_8d70684b-5eff-4f5a-b2c5-f6d134a99c72_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_39735f1f-1d7e-4c07-9b2b-99f5ad33c711_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_bac4d58e-ac1f-44b3-8322-48538daaf29b_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_AdditionsOtherThanThroughBusinessCombinationsLeaseLiabilities_958cee4f-3f31-4e9b-883d-fd9deb52f7a1_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_a21b7bbb-a487-4235-8822-62dabd3908b1_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_62d62cc7-04d7-4656-9338-adaeeef11db0_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">Other comprehensive income:</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_57b119f3-71f0-46a8-9894-b32daa7382c9_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_6f02fb27-33f8-4079-8e3c-f8840835c727_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_8258a345-c51a-423e-9453-fe2e152f34e3_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_03fabfe5-6ec2-4d7b-abcf-5911a599f949_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">Other non-cash expense and income</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_40ae6932-a8e9-4b13-94b6-8b8093bf9745_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_443fc86d-2758-4b4e-82c1-7584a1c1bee7_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_32f38d2b-2b56-4240-955d-faf1c59cae06_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_d14ff96f-b6c9-4b24-8dc9-819e9ca72ee6_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_b4c144d1-eb16-4321-aa67-65f919fdb195_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_66bd1659-33a8-467b-9098-098b706f4d6e_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</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_dd6eb1ac-a55c-4560-ac0d-d72b946850f7_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_b44300ee-8973-422f-833c-3c65a43aae9b_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_e3c82102-42b3-46af-a0d8-1f7fa109f968_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_dea271d7-78b6-4722-8422-809c38cf6c88_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"/>
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    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_222a1b1a-04e1-486c-88aa-9b29eb05b31f_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_450eb2a1-1282-4b5d-8946-6bcfc6889bff_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 flows from financing activities</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_16f6bde0-a42b-42d3-a593-b46434061eda_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"/>
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    <link:label id="lab_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers_d495ceb7-57b4-4512-92f9-7b2d4e6e8dbc_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_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_4f3e3eb7-9c7b-4fcd-b2f5-bf2586318433_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_287fe9b1-873a-4468-8890-381aca3058c9_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_1b417496-11c8-4c60-97fe-2dad1bcd5cff_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_ef724400-97ee-4854-82da-7a279ae83a55_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_2379396a-ad2b-4322-aad0-26da1e7b9839_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</link:label>
    <link:label id="lab_ifrs-full_ProfitLoss_73d1bbc1-3d50-43f1-b7e4-7263f844497e_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_af28db95-2697-456d-b5bf-ab2630da1b66_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>
    <link:label id="lab_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions_label_en-US" xlink:label="lab_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchases of goods, related party transactions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PurchasesOfGoodsRelatedPartyTransactions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions" xlink:to="lab_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfInterestRatesDomain_9194dcff-64ce-4c06-a78a-59a7a8011fc7_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfInterestRatesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of interest rates</link:label>
    <link:label id="lab_ifrs-full_TypesOfInterestRatesDomain_label_en-US" xlink:label="lab_ifrs-full_TypesOfInterestRatesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of interest rates [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfInterestRatesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_TypesOfInterestRatesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfInterestRatesDomain" xlink:to="lab_ifrs-full_TypesOfInterestRatesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_CashSettledAdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_e5aa6950-fd07-4245-a390-77cefc5a05a0_terseLabel_en-US" xlink:label="lab_psny_CashSettledAdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" 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_CashSettledAdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_label_en-US" xlink:label="lab_psny_CashSettledAdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash-Settled Additions Other Than Through Business Combinations, Intangible Assets Other Than Goodwill</link:label>
    <link:label id="lab_psny_CashSettledAdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_documentation_en-US" xlink:label="lab_psny_CashSettledAdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cash-Settled Additions Other Than Through Business Combinations, Intangible Assets Other Than Goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_CashSettledAdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:href="psny-20240630.xsd#psny_CashSettledAdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_CashSettledAdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:to="lab_psny_CashSettledAdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInContractLiabilities_8d99ca0f-2f97-4007-a8bb-aeff74e9a091_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>
    <link:label id="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInContractLiabilities_9c4641ba-9de4-47ad-8f71-fea4acf81056_verboseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInContractLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Contract liabilities</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInContractLiabilities_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInContractLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for increase (decrease) in contract liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForIncreaseDecreaseInContractLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInContractLiabilities"/>
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    <link:label id="lab_psny_ClassBAmericanDepositarySharesMember_865ced04-4ccd-441e-8bb0-1a23a515cbcb_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>
    <link:label id="lab_psny_ClassBAmericanDepositarySharesMember_label_en-US" xlink:label="lab_psny_ClassBAmericanDepositarySharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class&#160;B&#160;American&#160;Depositary&#160;Shares [Member]</link:label>
    <link:label id="lab_psny_ClassBAmericanDepositarySharesMember_documentation_en-US" xlink:label="lab_psny_ClassBAmericanDepositarySharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class&#160;B&#160;American&#160;Depositary&#160;Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ClassBAmericanDepositarySharesMember" xlink:href="psny-20240630.xsd#psny_ClassBAmericanDepositarySharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_ClassBAmericanDepositarySharesMember" xlink:to="lab_psny_ClassBAmericanDepositarySharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInSubsidiary_f5ea0715-3716-4129-83f4-606993e35963_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>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProportionOfOwnershipInterestInSubsidiary"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:to="lab_ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.10Member_9f6c4308-0db1-4869-9a42-387fbb3c6194_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>
    <link:label id="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.10Member_label_en-US" xlink:label="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.10Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">12 Month Secured Overnight Financing Rate Plus 1.10% [Member]</link:label>
    <link:label id="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.10Member_documentation_en-US" xlink:label="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.10Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">12 Month Secured Overnight Financing Rate Plus 1.10%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_A12MonthSecuredOvernightFinancingRatePlus1.10Member" xlink:href="psny-20240630.xsd#psny_A12MonthSecuredOvernightFinancingRatePlus1.10Member"/>
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    <link:label id="lab_ifrs-full_ClassesOfShareCapitalDomain_ae29a80d-ae04-4ae3-9faa-0ef15427650e_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfShareCapitalDomain" 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_ClassesOfShareCapitalDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfShareCapitalDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of share capital [domain]</link:label>
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    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfShareCapitalDomain" xlink:to="lab_ifrs-full_ClassesOfShareCapitalDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfLiabilitiesDomain_883052c0-550f-40d9-a3a6-6bd41e0b72de_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>
    <link:label id="lab_ifrs-full_ClassesOfLiabilitiesDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of liabilities [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfLiabilitiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ClassesOfLiabilitiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfLiabilitiesDomain" xlink:to="lab_ifrs-full_ClassesOfLiabilitiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_OtherCurrentAssetsRelatedParties_8b7064ca-74e6-4949-b309-b89bc6c4674f_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>
    <link:label id="lab_psny_OtherCurrentAssetsRelatedParties_label_en-US" xlink:label="lab_psny_OtherCurrentAssetsRelatedParties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Current Assets - Related Parties</link:label>
    <link:label id="lab_psny_OtherCurrentAssetsRelatedParties_documentation_en-US" xlink:label="lab_psny_OtherCurrentAssetsRelatedParties" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Current Assets - Related Parties</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_OtherCurrentAssetsRelatedParties" xlink:href="psny-20240630.xsd#psny_OtherCurrentAssetsRelatedParties"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_OtherCurrentAssetsRelatedParties" xlink:to="lab_psny_OtherCurrentAssetsRelatedParties" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_SecuredOvernightFinancingRateMember_12fc8182-d9ce-4776-a8c1-d9b49a434a86_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>
    <link:label id="lab_psny_SecuredOvernightFinancingRateMember_label_en-US" xlink:label="lab_psny_SecuredOvernightFinancingRateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Secured Overnight Financing Rate [Member]</link:label>
    <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>
    <link:loc xlink:type="locator" xlink:label="loc_psny_SecuredOvernightFinancingRateMember" xlink:href="psny-20240630.xsd#psny_SecuredOvernightFinancingRateMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_SecuredOvernightFinancingRateMember" xlink:to="lab_psny_SecuredOvernightFinancingRateMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_ForeignCurrencyTranslationReserve_cffc661f-d392-4219-8d0b-453b7989d302_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>
    <link:label id="lab_psny_ForeignCurrencyTranslationReserve_label_en-US" xlink:label="lab_psny_ForeignCurrencyTranslationReserve" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreign Currency Translation Reserve</link:label>
    <link:label id="lab_psny_ForeignCurrencyTranslationReserve_documentation_en-US" xlink:label="lab_psny_ForeignCurrencyTranslationReserve" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Foreign Currency Translation Reserve</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_ForeignCurrencyTranslationReserve" xlink:href="psny-20240630.xsd#psny_ForeignCurrencyTranslationReserve"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_ForeignCurrencyTranslationReserve" xlink:to="lab_psny_ForeignCurrencyTranslationReserve" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_814270fa-7ddf-4fd4-9a90-15b7ff94dc95_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>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income, net of tax, exchange differences on translation of foreign operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation"/>
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    <link:label id="lab_ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment_a5ebaf31-57eb-45f5-80f4-aa46e66fe80b_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>
    <link:label id="lab_ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for gain (loss) on disposals, property, plant and equipment</link:label>
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    <link:label id="lab_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsTable_49abbec2-da20-45de-b860-5739cf24caff_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of initial application of standards or interpretations [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of initial application of standards or interpretations [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsTable"/>
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    <link:label id="lab_ifrs-full_SignificantInvestmentsInAssociatesDomain_bf775d44-4574-4810-92bb-73613673d94c_terseLabel_en-US" xlink:label="lab_ifrs-full_SignificantInvestmentsInAssociatesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Associates [domain]</link:label>
    <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_ec15340b-ccfd-405f-a428-511d43c92a52_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"/>
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    <link:label id="lab_ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory_314c5f03-9fa8-44c4-bb06-414884ac1884_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_766298d3-72b4-4489-8984-1d830937a57e_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"/>
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    <link:label id="lab_psny_RevenueFromSaleOfGoodsRelatedPartyTransactionsAtPointInTime_bb4e14a3-61e8-4175-8182-48dbe53730af_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_f025930a-a059-481f-8f2d-38acaa155b0b_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"/>
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    <link:label id="lab_country_FI_2a87496a-c598-4361-93bf-a28db7fbb229_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>
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    <link:loc xlink:type="locator" xlink:label="loc_country_FI" xlink:href="https://xbrl.sec.gov/country/2024/country-2024.xsd#country_FI"/>
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    <link:label id="lab_psny_NonCurrentLiabilitiesMember_8f5ddc82-3011-48ec-a1ed-69b0894ed624_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_a073dbab-57e2-4865-8801-2c3cbad022fc_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_b6211337-63a1-4113-bf03-b59d7d34474e_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</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_24abd8aa-80be-42ce-b4f7-cf48d6026220_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_32819289-2076-4669-9bce-5185656ebaf9_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_98d3990d-97c6-48bb-ae4c-dba2ef49ddd6_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_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_e54275d1-610c-4d96-b513-8015b3dc844c_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_c4efa6b6-d3c9-4d7b-bf97-1eb880611908_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_1b3620d6-8126-4dba-bb7e-7c268dd82472_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_8d88bf1c-3d45-4328-a61f-1fe8ae5b8cde_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 - Earn-out rights</link:label>
    <link:label id="lab_psny_ChangeInFairValueOfEarnOutRights_9bdf739d-4bb9-43e7-bcea-57944b502ed2_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 - Earn-out rights</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"/>
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    <link:label id="lab_psny_DebtInstrumentArrangementFee_e2428b1d-270e-4c1b-b9f1-22cdcc10735f_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"/>
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    <link:label id="lab_ifrs-full_ParValuePerShare_ab27feb8-414d-48e0-a121-6d9375dd2185_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"/>
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    <link:label id="lab_ifrs-full_DilutedEarningsLossPerShare_05da0d0f-3419-4099-9f7d-00d867455f3b_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_00eea0c3-6dce-421c-bdf4-2cbdec26e687_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>
    <link:label id="lab_psny_May12MonthLoanPrimeRatePlus0.35Member_documentation_en-US" xlink:label="lab_psny_May12MonthLoanPrimeRatePlus0.35Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">May 12 Month Loan Prime Rate Plus 0.35%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_May12MonthLoanPrimeRatePlus0.35Member" xlink:href="psny-20240630.xsd#psny_May12MonthLoanPrimeRatePlus0.35Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_May12MonthLoanPrimeRatePlus0.35Member" xlink:to="lab_psny_May12MonthLoanPrimeRatePlus0.35Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory_be16087d-b125-4805-b30a-50c1d92801dc_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"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems_3075b41b-76cb-4759-8f1c-176938d54bbe_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>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems" xlink:to="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_UnrecognizedLossesInPolestarTechnology_6c1c621a-e40e-4bd3-99db-ea7381a5eb0d_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_d3a3c077-626a-4a29-ad77-6c83552dc469_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"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_UnrecognizedLossesInPolestarTechnology" xlink:to="lab_psny_UnrecognizedLossesInPolestarTechnology" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossBeforeTaxAbstract_8b1d4d90-02dd-47b3-a9e0-a5184902bda4_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">Items that may be subsequently reclassified to the Consolidated Statement of Loss:</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"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossBeforeTaxAbstract" xlink:to="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossBeforeTaxAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_CapitalizationOfExpensesNetIncomeReductionLoss_4eb61bdb-8328-45a3-b3b8-04e74bf3d289_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_34e06af3-c7d8-40d2-8056-c476a0c0950a_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"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_UndrawnBorrowingFacilities" xlink:to="lab_ifrs-full_UndrawnBorrowingFacilities" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_RedeemablePreferredSharesMember_527dd91e-6085-4f0a-a719-0f437b4a94fb_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_2a66c305-d5ce-4765-a358-31658f40c181_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_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"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentProvisions" xlink:to="lab_ifrs-full_CurrentProvisions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForFinanceCosts_a9c03239-d3c1-4c45-b1b8-e124e84a9358_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_20609c62-0fcf-4045-b0c7-ebdde0e22730_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">Finance expense</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>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForFinanceCosts" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForFinanceCosts"/>
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    <link:label id="lab_psny_ContractLiabilitiesSettledDuringThePeriod_e3253f9b-2188-4010-9630-40e7aa4864bf_negatedTerseLabel_en-US" xlink:label="lab_psny_ContractLiabilitiesSettledDuringThePeriod" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">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_dd40ab76-82d6-4b4c-8347-58c51c1633cb_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"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfIntangibleAssetsExplanatory_18d77ce7-a3ff-4ee0-96ff-6668c66c7e6e_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>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfIntangibleAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_CashAndCashEquivalentsRestrictedMember_f7f2614a-07e0-4115-98aa-31bfe6c34d64_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>
    <link:label id="lab_psny_CashAndCashEquivalentsRestrictedMember_label_en-US" xlink:label="lab_psny_CashAndCashEquivalentsRestrictedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash And Cash Equivalents, Restricted [Member]</link:label>
    <link:label id="lab_psny_CashAndCashEquivalentsRestrictedMember_documentation_en-US" xlink:label="lab_psny_CashAndCashEquivalentsRestrictedMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cash And Cash Equivalents, Restricted</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_psny_CashAndCashEquivalentsRestrictedMember" xlink:href="psny-20240630.xsd#psny_CashAndCashEquivalentsRestrictedMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_CashAndCashEquivalentsRestrictedMember" xlink:to="lab_psny_CashAndCashEquivalentsRestrictedMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_AdvancePaymentFromCustomersMember_4787480b-9fa3-4165-8b94-0c31de17a7b3_terseLabel_en-US" xlink:label="lab_psny_AdvancePaymentFromCustomersMember" 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_AdvancePaymentFromCustomersMember_label_en-US" xlink:label="lab_psny_AdvancePaymentFromCustomersMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advance Payment From Customers [Member]</link:label>
    <link:label id="lab_psny_AdvancePaymentFromCustomersMember_documentation_en-US" xlink:label="lab_psny_AdvancePaymentFromCustomersMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Advance Payment From Customers</link:label>
    <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_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment_41985f75-6edf-4a59-9ae5-b4e1adb60ced_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>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment"/>
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    <link:label id="lab_ifrs-full_ProfitLossFromOperatingActivities_9de9ef52-1d39-4ffe-b195-a4287fd7cdef_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"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossFromOperatingActivities" xlink:to="lab_ifrs-full_ProfitLossFromOperatingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_af1119da-c2eb-448c-b869-8daa3778419d_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_123b0392-bd1f-4fba-af9d-fe7995df1e33_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">Taxes paid</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"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:to="lab_ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_VolvoCarFinancialServicesUKMember_52477c89-8052-446b-97b5-93b3e64c4328_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>
    <link:loc xlink:type="locator" xlink:label="loc_psny_VolvoCarFinancialServicesUKMember" xlink:href="psny-20240630.xsd#psny_VolvoCarFinancialServicesUKMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_VolvoCarFinancialServicesUKMember" xlink:to="lab_psny_VolvoCarFinancialServicesUKMember" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_DeferredTaxesAndIncomeTaxesNetIncomeReductionLoss_a12ef921-924a-44bb-96e6-7347a12f3c11_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>
    <link:loc xlink:type="locator" xlink:label="loc_psny_DeferredTaxesAndIncomeTaxesNetIncomeReductionLoss" xlink:href="psny-20240630.xsd#psny_DeferredTaxesAndIncomeTaxesNetIncomeReductionLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_DeferredTaxesAndIncomeTaxesNetIncomeReductionLoss" xlink:to="lab_psny_DeferredTaxesAndIncomeTaxesNetIncomeReductionLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_9d201f9d-d1e1-40da-ac01-560c7f8a61e1_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"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:to="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinanceCosts_5dafc153-467b-4ad5-854c-0737f9be383b_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_e435c782-62d0-4884-9f7d-4077a53a440f_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_dde87c98-0cf1-4828-ba02-818673e11310_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">Finance expense</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"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinanceCosts" xlink:to="lab_ifrs-full_FinanceCosts" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_cee0e57c-4df2-4415-9348-bfeab470d27b_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>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory"/>
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    <link:label id="lab_psny_BatteryVolumeCommitmentsPS2Member_bee80484-ed68-4902-a2ae-370eface838e_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"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_BatteryVolumeCommitmentsPS2Member" xlink:to="lab_psny_BatteryVolumeCommitmentsPS2Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestExpense_affc40f5-e3b7-47d6-ba97-904937755ce6_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_85ea89d6-6ac0-43e6-936b-b46337a80e26_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_6a99d2e5-5f4c-4b22-bc0b-c04120123cc3_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 investing 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>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract"/>
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    <link:label id="lab_psny_A12MonthSecuredOvernightFinancingRatePlus0.65Member_e93720e3-c6fe-478e-8aea-75a46fccf1d2_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_64efd380-ba98-43e9-9841-af8ac58ff6c3_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">Principal repayments of lease liabilities</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"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="lab_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInventoriesExplanatory_9ebfbb1e-7d1e-42b6-8edf-1793e16af285_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>
    <link:label id="lab_ifrs-full_DisclosureOfInventoriesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInventoriesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of inventories [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInventoriesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DisclosureOfInventoriesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInventoriesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfInventoriesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_RevolvingCreditFacilitiesMember_123ecb21-90eb-4cef-86d9-36c05d905950_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"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_RevolvingCreditFacilitiesMember" xlink:to="lab_psny_RevolvingCreditFacilitiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_country_DE_fc3b98e0-520d-448e-bea2-1407a003bde3_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"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_DE" xlink:to="lab_country_DE" xlink:type="arc" order="1"/>
    <link:label id="lab_country_DK_d6cd81e5-1768-4268-a0b7-d110de1973b6_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"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_DK" xlink:to="lab_country_DK" xlink:type="arc" order="1"/>
    <link:label id="lab_psny_DescriptionOfAccountingPolicyForUseOfEstimatesAndJudgmentsPolicyTextBlock_43d89b06-53ad-47cb-8d1b-5b3fdae4eeee_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_c6b247f0-ab11-4e7e-8f40-7fa869136bb7_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_f2c6bf3b-cd87-4ead-b0a2-ce9bcef3e754_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_b240b22a-39e6-4eeb-9ce7-73d72dd68a7f_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_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_72dad67e-4dda-48f2-897d-3da7891c36ef_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_90ada16e-9bea-4fb1-8edf-d6ed3d497dfb_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_bab32375-dddc-42f0-94f7-b98587c8bb3c_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_9de91aea-9f18-4bb6-95a9-fd2f091d82be_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_89889c66-8e16-4448-bb39-98968badd400_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_c2b22201-c913-434a-af6f-5d5e435885fc_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_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_8660bd60-67b4-4806-968e-f40315aadcc8_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_bb0e526f-f39b-4814-8dbb-a9129876a688_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_eb217f3e-4b72-4b1e-b7ba-43fce568d8d3_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_1ab94840-77e5-4765-8f9b-364d14ef6bd1_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_bbc97442-120b-4d83-b5f4-8eaf95fae574_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_45e04d25-13c7-4747-bca8-e96316865434_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_d1f66c24-b519-4d40-a5ac-3c986260e0b2_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_eea8ebbb-7322-4b7b-9299-f7b7e735a972_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_b15ef05b-f8dc-4435-b10d-0f101e682cb5_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_737e945a-5888-487b-8425-b8ace53cb1f3_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_786e296c-6915-4d03-96a3-7647e03d6a89_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_8667d1c2-d07d-4ec0-8d96-57ebbff3ffeb_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_5b431456-6da9-4e4c-95ec-e4ede172c24d_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_5a68e9fc-c859-44e5-b135-2735509e1a66_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_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_25edd081-e595-4476-8ca8-c4b955ee9de8_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_05da3ac5-edc5-4479-9313-a90486a0e212_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_c52ee881-cadc-4cf7-a119-60ea9fce79bf_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_27adbd1e-a504-4240-a3c9-f0c2c23a914c_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_7d0d7fa1-f8c8-4b5a-afba-abcc2b00ffba_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_1d5c8d18-e645-4119-8f35-8553993652f5_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</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_9d3de511-df7d-4fd8-a5ed-272f03e42fac_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_309a7e64-c0d5-496c-99ed-7018e775591c_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_9dc6b62c-94e1-4c04-95f7-401d79f2b0e7_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_2115e4d8-3ec5-44ad-9c7e-5bf43f0095b0_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_SoftwareAndPerformanceEngineeredKitsMember_6f93b4a8-401d-4a74-b3e3-26124d95c40e_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"/>
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    <link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_9166fd84-207c-4e9b-a5bb-48c032e96231_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"/>
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    <link:label id="lab_ifrs-full_NumberOfPotentialOrdinarySharesThatAreAntidilutiveInPeriodPresented_f149ac04-48a5-4331-b9fe-3b631e4d5698_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>
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    <link:label id="lab_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsLineItems_e4d590b9-87b9-4339-bace-4504e6670fc4_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>
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    <link:label id="lab_psny_DisclosureOfActivityRelatedOfInvestmentTableTextBlock_49012ef9-68d0-4835-af54-c88e0ec51bbc_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>
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    <link:label id="lab_ifrs-full_PropertyPlantAndEquipment_cb90d32b-6604-440d-ae6e-ac5fb4a9ac68_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_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>
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    <link:label id="lab_psny_GroupShareOfNetLiabilities_fe0b3e60-4a2c-4a74-bd9a-f381a04c9bf4_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>
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    <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>
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    <link:label id="lab_ifrs-full_BorrowingsInterestRate_e8473fe2-e41e-41d5-90b5-e8d4af04916a_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_4b0fd7b4-8811-4f3c-ad0d-01b000af4223_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>
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    <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_a6056990-4e99-41b0-9c82-64c7187e43ec_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"/>
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    <link:label id="lab_ifrs-full_CurrentAssetsAbstract_e496ce26-2879-47bf-becc-ff4ee9e413d5_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_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"/>
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    <link:label id="lab_ifrs-full_ClassesOfContingentLiabilitiesDomain_a09ded02-6da1-4651-af30-3d05a1dde1b6_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"/>
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    <link:label id="lab_psny_DescriptionOfAccountingPolicyForBasisOfPreparationPolicyTextBlock_6e5e5325-7002-4505-899b-28f965a550fe_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"/>
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    <link:label id="lab_ifrs-full_CategoriesOfRelatedPartiesDomain_6490c5f4-54de-4433-a346-3d3eb52ac0e2_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>
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    <link:label id="lab_psny_InvestmentInAffiliatesOutstandingBalance_76020994-39c5-4e32-b7c3-6b5ef703cdef_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_0bbb7360-99f0-4e21-87fb-1c681d912c15_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"/>
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    <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>
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    <link:label id="lab_psny_ClassC1AndClassC2SharesMember_32174050-494f-47b1-a553-35de5f5d26d6_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_44f60819-f2b8-49f2-ab0e-1f4dfd4bbfee_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>
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    <link:label id="lab_psny_A12MonthSecuredOvernightFinancingRatePlus1.2Member_2565ba2d-8c77-4f5c-bde6-4de592cf28d3_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_45017fe4-5a44-423f-b2ce-fb153a270f55_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_e441f96e-e0f7-479c-8d92-128af3e9bf0a_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_63a235eb-ba91-4b46-93ab-be24bceccfb3_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_995d8eff-5f7f-4557-8258-29872244e281_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_4d938ba4-9ff8-4ff2-91a1-8fa8b7d7a8f4_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_6c727a7a-c1d3-4ac8-9bd6-aa4251a616c2_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_260569a8-1592-405b-8a3b-f221947283f5_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_90e487d9-ce5c-4fc5-8fe3-6d48d128f1c9_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_fe555747-d042-4a95-a336-0bff447aaca3_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_1d143d21-c954-4ad6-b1c0-4b727dda8719_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_851f0028-9f62-4248-ba22-7d698904ebd0_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_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_726c78c9-8d12-42f6-98a0-2e743814a9ad_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_22da1947-16b0-4536-9500-d8281601ae39_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_00e63b81-59c2-4125-a737-bdbbb2958e0c_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_51e8ce6d-91e1-47fb-b1cb-c0632d4a9b79_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_c0b00900-307b-4d50-a0fb-a3e8e8edd98f_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_9b7a74f7-e9e4-406a-a18e-a043f1a41527_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</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_e97c03b2-acfb-4b3f-adc6-5a395fe69a22_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_8082e95a-f421-47d8-97f0-26857817e26b_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_bb528e42-50a6-42e8-9024-ca7915c1c8c5_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_211060bc-8bd7-48ae-a3f1-db6a28efed6f_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_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_eda07e09-b2af-4183-b516-bdded3018c6a_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_721b1a9b-d3b4-42c6-9a2a-b2399df0d7e4_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_8dcce765-f727-4b13-998a-59e79d83acaf_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_01c8b831-cdf0-4a0c-a290-99cf09542df1_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_27038d73-34be-49bb-bb09-462d4a9f907d_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_2b845f69-bf69-4d66-a7a0-45ab71f5e8cc_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_071d5547-5a4e-468b-a774-48d5f33bb0c8_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_e9b452da-dd80-4eef-b7f4-350443839337_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_59720a5b-5ff5-40be-9c52-ca6c51dd1079_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_b35955e5-8272-4498-b058-8a48aa89ae42_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_13f7117c-9308-4cd8-9c73-9b75223e9813_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_f43f515b-fd72-4bbe-a9de-6b7443ebd318_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_bdb095ee-3080-483e-9e57-5b56a5d152b4_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_a4529c23-a99a-466d-a6b0-52075207a320_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_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_9873b02a-1f5b-43aa-afb4-90a3dcac721c_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_5c2c15ba-d990-4fe2-9687-dfb69620fb0c_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_350db0ab-475d-44c0-9c43-84c1f618b73c_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_f289463a-1879-4105-bf25-5c04d800173d_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_5a972c2d-1c59-48ef-b6fa-bd600b187924_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_ae9d23a5-0935-42f5-8065-2dc8fe70d9ca_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_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_7d43dad3-4347-4e6b-998c-cf6db50a5c06_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_5fede50d-862a-4054-9543-5b599164ee99_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_50350e90-aa3a-4da1-a5b0-4ade55096410_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</link:label>
    <link:label id="lab_ifrs-full_TradeReceivablesMember_465f26ab-56b4-436a-a2db-6860133108ef_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_d52678f2-acd4-4445-866a-e18b373e92fd_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</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_6290e1dd-784d-47e7-8921-7ac7eb354776_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_41d122f9-1715-429a-b6c1-547a3bf9e16a_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_c8334712-b22b-4322-8b8c-59d5cce2594d_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_b333b236-da83-4911-aa6a-0983bad348a1_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_f09308fc-fa30-418c-b8d7-6d73e11477e4_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_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_0ffafc84-4942-4d08-abb1-3e86e71ee870_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_16cb6a65-5634-489f-a285-f0c97fffbeb1_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">Principal repayments of short-term 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_180180a5-2d49-4e34-b1a0-1ea9240fe58a_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_72e6c2bd-9816-4581-8f55-b01cc426f1c2_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_9128e1be-015c-4ef5-8c6f-0ed8d22e7033_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</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_4256f085-0814-43f5-a8dc-0aa31511aca8_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_c3dde753-7eb0-4606-8825-85d74fb6e3c3_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>
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    <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_c9039541-b428-4453-8179-3347fca2b926_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_3bff97c5-9de0-40f6-8e82-d478ba6827d5_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"/>
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    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_4f366a8a-daa3-4e9c-93ff-c3bf18f5f4b5_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_f92907ce-3e5b-4b0d-99ef-2c2b3b10c20f_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_005147c1-8398-4ab0-aef4-08f116ff1b7b_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_dfcbe525-67c9-4c2a-be40-4a00bb816d5b_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_6390099c-4ef0-4c95-a9ab-37590e72ee7c_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_757beb6f-97a0-4a9a-a079-a95a8fb14287_terseLabel_en-US" xlink:label="lab_psny_IncreaseDecreaseThroughNetExchangeDifferencesLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effect of foreign currency exchange differences</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_a6dc1f57-7d26-4120-8e18-3e4b20fd6d7f_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_e51d8857-2129-4358-b609-0e815ff12bb9_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_9ddf7f16-4286-411d-ae87-4617dff957b9_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_1cfc0c40-ac8d-435a-9e6f-44690167c794_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_1a06f3ff-6cdf-419b-afb3-d38ee981add0_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_b85d871a-18e8-4701-a191-8abe787e5dab_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 and other non-current liabilities - related parties</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"/>
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    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment_0b71472d-1fd0-450d-a944-192bfe9bb252_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</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through transfers and other changes, property, plant and equipment</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_416f0444-e450-439b-b563-4dfae52b8412_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_5520d972-c09a-45a1-91a6-639b29e88d90_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_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>
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    <link:label id="lab_psny_ClassCSharesMember_c0b2ec0f-ec01-463f-9d08-a21b0923011c_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"/>
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    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_0ab4f54e-5d5f-4e47-bae0-92ae6bb120a1_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</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"/>
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    <link:label id="lab_ifrs-full_MaturityDomain_7b773b9a-db10-4bc8-abc0-e863a33a4734_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_22a77711-3b9a-46e6-9268-0f11cf4f050a_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_4c30f1ef-4239-4746-9205-63da1e2aa325_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_2faab284-7f14-484b-bc3b-888117e2d006_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_af96e8f7-ef04-42ee-9935-c7dd77d114d7_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_d00aaa4d-f7c4-46cb-a416-0ddc84f5bf7b_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">Income tax expense</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_69d0fc63-59a6-4645-b6a6-f70d4d4e7ba2_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_b69bcc5e-c5d5-4b4c-b44e-ac2fd52f5ae7_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_39482c05-1c49-4ed7-a292-dccde413378d_terseLabel_en-US" xlink:label="lab_country_NL" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Netherlands</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_3cd377f8-871a-47d8-8e3c-47bfab2d853b_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_834b2be4-7c0b-4b29-add9-8a321cd57d22_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_382edbdf-7928-4ac2-88e8-c1d2753b3aff_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_c3aaa08e-db65-43db-bed7-783684e30379_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_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_16c412a1-4e7b-4614-8515-720cdb120ebd_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_df3d3129-89fc-41dd-aef2-c652f7800925_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_8956f56c-7614-4a64-9dcc-a81e760bf196_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_8d79a6bd-c4fc-42a9-b982-ac528e55681b_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_8618305a-c91b-4527-bbcf-78d70f6747bc_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_941d84b1-9b3d-44db-a66f-343478e250d0_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_790e607b-b8d3-4854-907b-ad9bf902036b_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"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_psny_IntangibleAssetsAbstract" xlink:to="lab_psny_IntangibleAssetsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SecuredBankLoansReceived_5ba9b5de-1cbf-46ca-bd4c-f1f9af14ad3c_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_d4044db9-92ee-4242-96a4-a7d6a0025a52_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>
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    <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_6c2c2f66-0bb3-480c-a602-9056dd75abab_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_1f05b939-9a6a-410d-ac81-aa2616993c4c_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_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_b37ad9e7-c603-4eca-b59b-d11df49da8e3_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"/>
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    <link:label id="lab_ifrs-full_WeightedAverageShares_f2aa64ad-d5e2-4b44-9680-9ffa9aed3864_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>
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    <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>
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    <link:label id="lab_ifrs-full_Borrowings_619cccdd-254d-403d-bbc8-d797d480d9e2_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_331615b2-dce0-4c43-b978-107623806528_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_58c4703e-856b-4dd4-ab45-a6741038a04d_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>
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    <link:label id="lab_psny_BorrowingsFromBanksMember_7407aeee-3adc-449b-8afd-1c7d99e3011d_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>
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    <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_ifrs-full_LoansReceived_440877a1-f900-4301-a7ab-41787e29ee09_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>
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    <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"/>
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    <link:label id="lab_srt_ScenarioPreviouslyReportedMember_d685f794-2af2-4da0-9f44-21b8b5dede90_terseLabel_en-US" xlink:label="lab_srt_ScenarioPreviouslyReportedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Originally Reported Amounts</link:label>
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    <link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember_6927ff1e-6442-40ef-8ed9-f9033a40c226_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_36489e0c-d8ea-44cf-9c21-4f989103c53e_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_b1ea84cc-40ca-4071-a998-5929fe768802_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_6505cd28-aeb1-45cc-b5f3-d5aa9cfac350_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_acefdceb-4fa9-42ca-b180-0a34af2a8114_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_2486fc42-57cf-488a-9fd0-a4111c457e34_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_47cc6e67-78b2-407b-ac04-359272d10eb2_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_18369f25-7ee3-433b-bbbe-5f6d748545ee_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_16f1825d-e984-46ed-bb79-ad6de36ce16c_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_3c047268-a149-4967-bfd6-69ea3c08be8f_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_7bf8efd3-51be-4fde-9a3a-81102ca9c769_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_4a825480-0427-4743-a99c-5a7fd198a0f4_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_7237d77c-8876-44a0-b9f2-f9078bf80988_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_3f68b5bc-81d0-4bbe-a9ac-4aa84b539f38_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_9ef107dd-b826-44b2-b91d-8f71cf39672b_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_49c88b3b-8a20-4e3f-8bf6-b6498f697f3f_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_2a0a61b2-f5c6-4edd-aa96-fba85f3f854a_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_46129fcd-6943-4c98-9a47-dc90f477865b_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_7ae1c33c-3b52-4da8-8cd1-04daf46ca46c_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_ca2bf6ce-ec8d-40a2-989a-ef603b98c241_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_553440f2-20d9-4217-bf14-17fd20a5667f_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_bf5f11a0-5fe4-4367-8af5-a85a5e8c4143_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_01175a4a-7b32-4015-b618-31567cac6a0c_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_e0b216f5-1898-48d7-bb24-bb82af6da0d4_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_b4c0e42a-3da6-4299-910e-0682cd831afb_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_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_4bd9a7ed-83bb-410d-8400-c1ed1ea56c52_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_c680c9ef-1602-427f-9211-180589917c5c_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_b8dfa1cf-dae4-4057-80d1-b0c8cdec610b_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_88dad755-4c1f-457f-87fc-01abd79cd420_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_21958958-d7e5-49ba-b21d-6ebcba884302_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_528afa06-82df-431b-96c6-cc39abeb1569_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_5fb1447d-adda-4f4e-a6b2-5534c92baa8b_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_48db82d9-a251-4a3e-aae7-cdb544ebd25b_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_6f89a269-c873-4628-bb41-7ce7b5f23b88_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">Additions to property, plant and equipment</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_ea2d5538-2fa5-4630-8db0-cb2c59dcdafe_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_dffdcfd0-b739-4d97-a027-de03fc4b1d9a_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_6f658c14-1a35-4686-bc1b-39858df00d29_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_230a87e8-35e9-49d4-921c-92439b46bd2c_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_a2f55e7e-967f-4313-a676-aa0af61fd645_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_72430b18-09ce-4752-985e-ab4b1a4cc311_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_fa2a67b0-52fd-4d2e-bcee-16ed9c8e0196_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_7476ce84-a7e3-4b22-ab27-2ac34dbdec00_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_3e884c21-826b-4bd9-947a-1f21224b41af_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_8efbf9ee-87ef-40c1-b562-d8a64bcdb797_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_00f7e074-7a2f-4095-b5e8-6931558e5f7c_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_49bf2527-dd4a-42ae-9cc3-1b8499f22c35_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_f81915c3-3942-45df-a728-81c8fa936e58_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_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_b151b833-4a4b-4238-88b0-543c8a8df4aa_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_b50ad62f-53b7-49c5-8b03-401883f7587b_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_6c9a8e0a-32b2-4f20-8c7e-4b6ade420fee_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_c903af60-ea46-4e2f-b3f9-3b497a31cfa9_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_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_e6a10beb-588a-44fd-800a-a79083cdee79_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_4fbebdcf-a09d-42d3-9661-bcad278f11df_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</link:label>
    <link:label id="lab_ifrs-full_ComprehensiveIncome_6cbfa23d-b1fd-43e6-942f-d9499f463596_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_1450bedf-ea76-40a4-8971-036feb25d8c5_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_66009da9-9cde-4ec8-82e5-4830ffe58154_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_11c6bef5-bd64-4840-8b7f-5b0a8c325406_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_ed92f049-466a-4161-b03b-380628ddb402_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_c122c8a1-881c-4715-8d39-22300a4ef354_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_efdea9fe-9866-4e5a-a202-aa4c2bf0ea22_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_a7ef471f-5b1b-4a7c-b766-d69cdd23ed15_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_b8423a64-975b-4595-a934-cc1d768260e9_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_bf9d1231-d3d3-4786-8064-e3476ea9a624_verboseLabel_en-US" xlink:label="lab_psny_ChangeInFairValueOfShares" 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_ChangeInFairValueOfShares_78d86422-7ea7-40bb-b844-3e3b2906c0f3_negatedLabel_en-US" xlink:label="lab_psny_ChangeInFairValueOfShares" 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_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_029be9f7-a62d-4807-abdd-59d8717821cb_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_e8b52dd1-8a94-4ac1-9106-1269d8a66475_verboseLabel_en-US" xlink:label="lab_psny_ListingExpense" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Listing expense</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_22af8ceb-5c00-4f70-8435-8957abcd3072_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</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_395fe170-85b2-4b9f-bc42-079562e55c3a_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_c90e1d3d-2ac6-4eb5-9f8d-51a77e114904_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_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember_3f9ffb6d-52ec-4c13-8d7b-58f49cbd0679_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_ace526e4-eeed-4957-b12d-10c392edac7d_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_95de12dd-d5c8-4e79-9a98-d4b00b4d1986_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_745766ea-a016-4137-8089-aec37ffcb18e_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_psny_DisclosureOfScheduleOfFinancialStatementsTableTextBlock_07b43733-4e5d-415e-9567-e6cb1456a8ad_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_19918e25-1f7a-4502-80de-f44a76fe4456_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_54692e05-6197-4017-8045-ed1824aeac54_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_d844245a-6aa1-44c0-8c44-b51919165266_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_749477b5-841e-40e9-bed1-c064ed3b7465_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_ad3c9793-51dc-4830-8e56-bf3b1a300ec6_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_5e2ee38a-ec0b-40bc-bdcb-4cb9dbbe0d8a_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_7569afe1-c941-404e-a47b-f4078fc45e66_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"/>
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    <link:label id="lab_psny_InvestmentShares_2dff5a52-3ade-4747-8083-04586c0de8db_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>
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    <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>
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    <link:label id="lab_psny_WuxiInfiMotionPropulsionTechnologyCo.Ltd.Member_cef5cded-715c-49b8-8778-cb6af28b8cbc_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>
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    <link:label id="lab_psny_BorrowingsArrangementFeePercentage_53afa419-c4a5-478b-b793-ba5e21b23b7e_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>
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    <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"/>
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    <link:label id="lab_psny_WorkingCapitalLoanMember_7e5a1ed6-d16c-4a7e-9982-fdc6141fed55_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"/>
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    <link:label id="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationLineItems_b167cb0f-9ca4-4817-832a-0878b125e92d_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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    <link:label id="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_9afb2da5-d6a1-44b9-8a26-b28200dec413_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Between 2 and 3 years</link:label>
    <link:label id="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than two years and not later than three years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember"/>
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    <link:label id="lab_psny_ContractualCommitmentsForAcquisitionLessThanOneYear_5d5ef7b2-fc78-47ab-a44f-c95d362adadb_terseLabel_en-US" xlink:label="lab_psny_ContractualCommitmentsForAcquisitionLessThanOneYear" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Less than 1 year</link:label>
    <link:label id="lab_psny_ContractualCommitmentsForAcquisitionLessThanOneYear_label_en-US" xlink:label="lab_psny_ContractualCommitmentsForAcquisitionLessThanOneYear" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contractual Commitments For Acquisition Less Than One Year</link:label>
    <link:label id="lab_psny_ContractualCommitmentsForAcquisitionLessThanOneYear_documentation_en-US" xlink:label="lab_psny_ContractualCommitmentsForAcquisitionLessThanOneYear" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contractual Commitments For Acquisition Less Than One Year</link:label>
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    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember_240561cc-2f82-405f-bd83-ff65771e5536_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial liabilities at amortised cost, category</link:label>
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