Sweden's Polestar on Friday reported a sharp jump in fourth-quarter revenue and a smaller loss, as the electric vehicle maker ramped up production and cut costs to cater to growing European demand.
PSNY Q1 retail sales rise 7% to 13,126 as the store network jumps 50%, signaling steady EV growth momentum.
As part of the deal Volvo will lift its stake in the company to 19.9% from 9.8%.
Polestar Automotive Holding UK PLC (PSNY) Discusses Major Product Expansion and Sales Growth Strategy Update Transcript
Electric vehicle maker Polestar will roll out refreshed versions of its top-selling Polestar 2 and 4 models over the next year to support European sales, it said on Wednesday, choosing quick, lower-cost updates over all-new models to stem its cash bleed.
Electric vehicle maker Polestar said on Monday it has secured a $400 million equity investment from Feathertop Funding Limited, a special purpose entity consolidated by Sumitomo Mitsui Banking Corporation and Standard Chartered Bank.
EV maker Polestar reported a sharp rise in fourth‑quarter vehicle sales on Friday, helped by its recent strategy of focusing on Europe.
The last thing any public company wants to see is that it has a “going concern” warning, which acknowledges it may have little time to survive.
Polestar Automotive Holding UK PLC (NASDAQ:PSNY ) Q2 2025 Earnings Call September 3, 2025 8:00 AM EDT Company Participants Anna Gavrilova - Head of Investor Relations Michael Lohscheller - CEO & Director Jean-Francois Mady - Chief Financial Officer Conference Call Participants Yan Dong - Deutsche Bank AG, Research Division Tobias Beith - Redburn (Europe) Limited, Research Division Andres Sheppard-Slinger - Cantor Fitzgerald & Co., Research Division Dan Levy - Barclays Bank PLC, Research Division Presentation Operator Good day, and thank you for standing by. Welcome to the Polestar First Half 2025 Results Conference Call.
Sweden-based electric vehicle maker Polestar said on Thursday its upcoming SUV model Polestar 7 will be manufactured at Volvo Cars' under-construction factory in Slovakia, making it its first car to be made in Europe.
Swedish premium carmaker Polestar will start delivering its electric vehicles in France this year with the goal of making it one of its three main European markets, its top executive for the country told Reuters.
Polestar Automotive Holding UK PLC (NASDAQ:PSNY ) Q1 2025 Earnings Conference Call May 12, 2025 8:00 AM ET Company Participants Michael Lohscheller - Chief Executive Officer Jean-François Mady - Chief Financial Officer Anna Gavrilova - Head of Investor Relations Conference Call Participants John Babcock - Bank of America Daniel Roeska - Bernstein Tobias Beith - Redburn Atlantic Andres Sheppard - Cantor Fitzgerald Dan Levy - Barclays Operator Good day and thank you for standing by. Welcome to the Polestar Q1 2025 results conference call.