Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.

Polestar Automotive Holding UK PLC

Polestar - the guiding star.

We are an electric performance brand, determined to improve the society we live in.

Our focus is on uncompromised design and technology. 

Passion and emotion drive us, electricity and innovation drive our cars. Our products are excellent, efficient and entertaining. 

In Polestar’s future, there is no room for shortcuts, excuses or compromises.

We are all in, dedicated on our ambition. Guiding our industry forward through pure, progressive, performance.

At Polestar, the sky is the limit.

Volvo Cars

Geely Sweden Automotive Investment

PSD Investment

Leonardo DiCaprio

Chongqing Chengxing Equity Investment Fund Partnership

I Cube Capital

SK Holdings

Zibo Financial Holding

Zibo Hightech Industrial Investment

Polestar

Some numbers get all the credit when it comes to EVs. Range. Charging time. Battery capacity. And while those numbers are important, that doesn’t mean others don’t deserve some recognition. See all of the numbers that comprise Polestar 4 below.

 #Polestar4 #PolestarCars

The future is electric and nowhere else can that be felt more than at eCarExpo 2024 in Stockholm, as Polestar 4 made its European debut. Attendance at the Polestar stand was amongst the highest ever seen as the wraps came off the SUV coupé. Deliveries start in August of this year. 

The debut also marked another milestone for Polestar, as we now enter the next phase of our development as a three-car company. Thank you to everyone sharing our moment and visiting us at the event.
 
#PolestarCars #Polestar2 #Polestar3 #Polestar4 #eCarExpo

A new breed of speed. And a new way of doing walkarounds. Watch Head of Design Maximilian Missoni go through the features of Polestar 4. 

See the full walkaround here: https://lnkd.in/dZcxr8AK 

#PolestarCars #Polestar4

There is before 4. And there is now. Polestar 4. Now available to order. Watch the full video here: https://lnkd.in/draKyxAP 

#PolestarCars #Polestar4

At Polestar, the goal is not solely to minimize our carbon footprint but to achieve a climate-neutral impact. By choosing better materials, we can further reduce emissions during the production phase, which we displayed at the UN Climate Conference, COP28, late last year. 

Electrification is only the beginning, and significant breakthroughs come from how we choose and work with our materials. You can learn more here: https://lnkd.in/dXsi89-T 

#PolestarCars #NoCompromises

CES 2024, Las Vegas 
 
We’re currently attending CES 2024 in Las Vegas, one of the largest tech events in the world. Together with our partner, Google, we’re presenting the latest innovations for cars with Google built-in, including new features available in Polestar 2. These features are being demonstrated at Google’s Android booth in Polestar 3 during CES.

- Send a planned route from mobile device to car: Now, you can pre-plan your route on Google Maps using your Android or iOS device and simply send the planned route directly to your Polestar 2, removing the need to enter your route in the car.

- In-car browsing with Google Chrome: Chrome browser for Polestar 2 in beta is starting to roll out, bringing you a familiar and easy-to-use browsing experience while parked. 

#PolestarCars

Let's have a look in the rearview mirror and wrap 2023 up with some of the most significant moments from the past year.

Read more about our year here: https://lnkd.in/dWaPXkUc 

#PolestarCars

That's a wrap. Happy holiday wishes from all of us at Polestar. 

#PolestarCars

The Polestar 4 has won the Car Design News ‘Production Car Design of the Year’ award for 2023. According to James McLachlan, editor of Car Design News, “the 4 was a clear favourite of fellow designer judges, receiving the highest number of first place votes [eight] in the category”. A great win for everyone at Polestar and serious recognition for this new breed of SUV coupé.

Read more here: https://lnkd.in/evtSe6TV 

#PolestarCars #Polestar4

The prototypes took the tracks at the Hällered Proving Ground with representatives from the world's automotive media behind the wheel. We summarised the features that make Polestar 3 what it truly is: The SUV for the electric age. 

Dig into the powerful dual-motor setup, torque vectoring dual clutch (TVDC) system, staggered wheel setup with wider wheels (and 295 mm tyres at the rear) and more in our latest story: https://lnkd.in/gZzqCK5X  

#PolestarCars #Polestar3

	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	92.42M -	610.25M 560.33%	1.34B 119.12%	2.46B 84.11%	2.38B 3.42%
cost of revenue	39.79M -	553.72M 1,291.62%	1.34B 141.33%	2.34B 75.29%	2.79B 19.21%
gross profit	52.63M -	56.52M 7.40%	860K 98.48%	119.44M 13,788.72%	-414.74M 447.23%
selling and marketing expenses
general and administrative expenses	210.57M -	314.93M 49.56%	714.72M 126.95%	864.60M 20.97%
selling general and administrative expenses	210.57M -	314.93M 49.56%	714.72M 126.95%	864.60M 20.97%	954.88M 10.44%
research and development expenses	34.39M -	183.85M 434.66%	232.92M 26.69%	170.99M 26.59%	158.41M 7.36%
other expenses	-425K -	712K 267.53%	-1.25M 274.86%	-2.18M 75.26%
cost and expenses	284.32M -	1.05B 270.43%	2.28B 116.74%	3.38B 47.89%	3.91B 15.69%
operating expenses	244.53M -	499.49M 104.26%	946.40M 89.47%	1.03B 9.19%	1.11B 7.73%
interest expense	18.94M -	26.50M 39.94%	45.24M 70.70%	108.44M 139.71%	213.32M 96.73%
ebitda	-148.32M -	-223.70M 50.82%	-704.99M 215.16%	-720.35M 2.18%	-1.41B 96.16%
operating income	-191.91M -	-442.97M 130.82%	-945.54M 113.46%	-913.96M 3.34%	-1.53B 67.19%
depreciation and amortization	43.58M -	219.27M 403.10%	240.55M 9.70%	193.61M 19.51%	115.01M 40.60%
total other income expenses net	-4.05M -	-28.36M 599.83%	-61.58M 117.15%	464.95M 855.08%	389.80M 16.16%
income before tax	-195.96M -	-471.32M 140.52%	-1.01B 113.68%	-449.00M 55.42%	-1.14B 153.50%
income tax expense	2.02M -	13.54M 571.71%	336K 97.52%	16.78M 4,894.94%	-8.03M 147.85%
net income	-197.97M -	-484.86M 144.91%	-1.01B 107.78%	-465.79M 53.77%	-1.17B 151.89%
weighted average shs out	2.12B -	2.12B 0%	2.12B 0%	2.03B 4.26%
weighted average shs out dil	2.12B -	2.12B 0%	2.12B 0%	2.11B 0.28%
eps	-0.09 -	-0.23 145.73%	-0.48 108.70%	-0.22 54.17%	-0.56 154.55%
epsdiluted	-0.09 -	-0.23 145.73%	-0.48 108.70%	-0.22 54.17%	-0.56 154.55%

COM:POLESTAR

Polestar

Last Close

0.76

26/07 20:00

Market Cap

2.04B

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4.57M

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