Gores Guggenheim

PSNY

Market cap $1.82B

EV maker Polestar reported a sharp rise in fourth‑quarter vehicle sales on Friday, helped by its recent strategy of focusing on Europe.

GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) retail sales amounted to an estimated 15,608 cars in Q4 2025, up 27% versus Q4 2024. For the full year, retail sales totalled approximately 60,119 cars, a growth of 34% compared to 2024. Michael Lohscheller, Polestar CEO, says: “For retail sales volumes, 2025 has been the best year ever for Polestar, despite continued external headwinds and challenging market conditions. We are gaining market share and outselling many established car.

GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) today announced a USD 300 million equity investment by Banco Bilbao Vizcaya Argentaria, S.A. and NATIXIS, with USD 150 million each. Concurrent with the purchase, these financial institutions have each entered into a put option arrangement with a wholly-owned subsidiary of Geely Sweden Holdings AB, which provides the financial institutions with an exit path, if needed, in three years with certain returns, as part of this equity financ.

GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY), as borrower, entered into a credit agreement with a wholly owned subsidiary, as lender, of Geely Sweden Holdings AB in relation to a subordinated term loan facility of up to USD 600 million, of which the last USD 300 million would require lender consent based on Polestar's future liquidity needs. The term loan facility is available to Polestar for general corporate purposes. About Polestar Polestar (Nasdaq: PSNY) is the Swedish elect.

Polestar performed a reverse stock split to get above the minimum share price to be eligible for the Nasdaq exchange. The company is burning money, with no path to positive profitability anytime soon.

GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) (the “Company”) today announces that the effective date for the previously announced plan to change the ratio of its American Depositary Shares to ordinary shares will occur on 9 December 2025 (the “Effective Date”). Specifically, the Company's Class A, Class B, Class C-1 and Class C-2 American Depositary Shares (collectively, the “ADSs”) ratio to the respective Class A, Class B, Class C-1 and Class C-2 ordinary shares (the “ADS Ratio.

Exclusive: Swedish carmakers push to retain target as Germany lobbies to help its own industry by softening cutoff date

Sweden's Polestar on Friday said it would conduct a one-for-thirty reverse stock split of its American Depository Shares as the electric vehicle maker seeks to avoid a Nasdaq delisting.

GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) (the “Company”) today announces that it plans to change the ratio of its Class A, Class B, Class C-1 and Class C-2 American Depositary Shares (collectively, the “ADSs”) to the respective Class A, Class B, Class C-1 and Class C-2 ordinary shares (the “ADS Ratio”) from the current ADS Ratio of one (1) ADS to one (1) ordinary share, to a new ADS Ratio of one (1) ADS to thirty (30) ordinary shares (the “ADS Ratio Change”). The Company ant.

Polestar Automotive appears to have missed earnings this morning. Sales surged 49% through the first nine months of 2025, but Polestar's still losing money.