All Brands Owned by Polestar Automotive Holding UK PLC

What does Polestar own?
Polestar owns and operates a single electric vehicle brand with five models: the Polestar 2 (electric fastback), Polestar 3 (electric SUV), Polestar 4 (electric coupe SUV), Polestar 5 (electric grand tourer), and the announced Polestar 6 (electric roadster). The company operates manufacturing facilities in China (Chengdu, Luqiao, Hangzhou), the United States (Charleston, South Carolina), and an engineering center in Coventry, United Kingdom. The company does not own other automotive brands.

Is Polestar publicly traded?
Yes, Polestar is publicly traded on NASDAQ under the ticker symbol PSNY. The company went public in June 2022 through a merger with Gores Guggenheim, a special purpose acquisition company (SPAC). The merger initially valued Polestar at approximately $20 billion, though the share price has declined significantly since then. Geely Holding Group is the majority shareholder, with Volvo Cars holding a reduced minority stake.

Who founded Polestar?
Polestar was established in 2017 as a joint venture between Volvo Cars and Geely Holding Group. The brand's origins trace to Polestar Racing, a Swedish motorsport team that became Volvo's performance partner in 2005. Volvo acquired the Polestar performance tuning division in 2015, and in 2017, Volvo and Geely jointly launched Polestar as a standalone electric vehicle brand. The founding entities were Volvo Cars and Geely Holding Group.

Where is Polestar headquartered?
Polestar is headquartered in Gothenburg, Sweden. The company's corporate offices and design center are in Gothenburg, which is also the headquarters of Volvo Cars. Polestar maintains an engineering center in Coventry, United Kingdom, where the Polestar 5's bespoke platform was developed. The company is incorporated in the United Kingdom as Polestar Automotive Holding UK PLC.

How many brands does Polestar own?
Polestar operates as a single-brand company. The Polestar brand is the company's sole consumer-facing product. The company does not own or operate other automotive brands. Its vehicle lineup (Polestar 2, 3, 4, 5, and the announced Polestar 6) are all sold under the Polestar brand name.

Who owns Polestar?
Polestar is majority-owned by Geely Holding Group, the Chinese automotive conglomerate that also owns Volvo Cars, Lotus, Zeekr, and other automotive brands. Volvo Cars, which was originally a 50% owner, has reduced its stake and is transitioning to a minority position. Geely founder Eric Li personally invested $200 million in the company in 2024. Public shareholders hold the remainder of the shares through NASDAQ trading under the ticker PSNY.

What is Polestar's revenue?
Polestar reported revenue of $748 million for the first nine months of FY2025, representing 36% growth compared to the same period in 2024. Retail sales reached 44,482 vehicles during that period, a 36.5% increase. The company also generated $33 million in carbon credit sales. Despite revenue growth, Polestar reported a net loss of $365 million in Q3 2025, reflecting the capital-intensive nature of electric vehicle manufacturing.

Where does Polestar manufacture its vehicles?
Polestar manufactures vehicles in China, the United States, and Sweden. The Polestar 2 is produced at the Luqiao plant in China, shared with Volvo. The Polestar 3 is produced at the Charleston, South Carolina facility in the United States, Polestar's first manufacturing presence outside China. The Polestar 4 is manufactured in Hangzhou, China. The Polestar 5 is produced at a facility in the United Kingdom. The company leverages Geely's global production network while maintaining Swedish engineering oversight.