PSNYW

Polestar Automotive Holding UK Limited designs, develops, and manufactures premium electric performance vehicles. Headquartered in Gothenburg, Sweden, with operations across Europe, North America, and Asia-Pacific, the company was established in 2017 as a joint venture between Volvo Car Group and Geely Holding before becoming an independent entity. Polestar's current product portfolio includes the Polestar 2 fastback sedan, the Polestar 3 electric performance SUV, and the Polestar 4 SUV coupe, with the Polestar 5 four-door GT in development. The company operates a direct-to-consumer sales model combined with physical Polestar Spaces in key urban markets, supplemented by Polestar Destinations for test drives and customer service. As of 2024, Polestar vehicles are available in approximately 27 markets globally. The company manufactures vehicles through partnerships with Volvo Cars in China and the United States, with production facilities in Chengdu and Chongqing, China, and South Carolina. Polestar went public in June 2022 through a merger with a special purpose acquisition company. The company positions itself in the premium electric vehicle segment, competing with established luxury brands and electric vehicle specialists. Polestar emphasizes Scandinavian design philosophy, sustainability throughout its supply chain, and performance-oriented engineering as key differentiators in the competitive EV market.