Welcome to our dedicated page for Polestar Automotive Holding UK news (Ticker: PSNY), a resource for investors and traders seeking the latest updates and insights on Polestar Automotive Holding UK stock.
Polestar Automotive Holding UK PLC reports news about its Swedish electric performance car business, including retail sales, consolidated financial results, model-line activity and sales-network development across North America, Europe, Asia Pacific and importer markets. The company sells battery-electric vehicles under the Polestar brand, with Polestar 2, Polestar 3, Polestar 4 and Polestar 5 identified in its current line-up.
Recurring updates also cover sustainability reporting, greenhouse-gas reduction targets, manufacturing footprint updates, connected-vehicle integrations for fleet customers and capital-structure actions involving shareholder loans, equity conversions and liquidity. As an ADR/foreign-issuer security, PSNY news may also include annual meeting, governance and shareholder-voting matters tied to the parent company.
Polestar (Nasdaq: PSNY) entered a credit agreement dated December 16, 2025 for a subordinated term loan facility of up to USD 600 million with a wholly owned subsidiary of Geely Sweden Holdings AB acting as lender.
The facility is available for general corporate purposes. The final USD 300 million tranche requires lender consent and is tied to Polestar’s future liquidity needs.
Polestar (Nasdaq: PSNY) will implement an ADS ratio change effective 9 December 2025, moving from 1 ADS = 1 ordinary share to 1 ADS = 30 ordinary shares. The change applies to Class A, Class B, Class C-1 and Class C-2 ADSs. Trading of Class A ADSs and Class C-1 ADSs on Nasdaq is expected to reflect the new ratio at the open on 9 December 2025 while continuing under symbols PSNY and PSNYW.
Certificated ADS holders must surrender ADSs to Citibank for cancellation and exchange; DRS and DTC holders will be exchanged automatically. Fractional entitlements will be aggregated and sold for cash; overall ownership percentages and voting power will not change. The company cautioned there is no assurance the post-change ADS price will equal a strict proportional adjustment.
Polestar (Nasdaq: PSNY) plans to change its American Depositary Share ratio from 1 ADS = 1 ordinary share to 1 ADS = 30 ordinary shares (the "ADS Ratio Change"). The Company expects the ADS Ratio Change to be effective prior to the end of 2025 and will file post-effective amendments on Form F-6 with the SEC.
There will be no change to the underlying ordinary share classes or trading symbols: Class A ADSs will remain PSNY and Class C-1 ADSs will remain PSNYW. No fractional ADSs will be issued; Citibank N.A., the depositary bank, will aggregate and sell fractional entitlements and distribute net cash proceeds to affected ADS holders. The Company expects the ADS price to increase proportionally but gives no assurance the post-change price will equal the proportionate value.
Polestar (Nasdaq: PSNY) reported strong top-line growth and ongoing losses for the first nine months of 2025. Revenue rose to USD 2,171m (+48.8% YoY) on retail sales of 44,482 cars (+36.5% YoY). The company booked USD 123m of carbon credits and held a cash balance of USD 995m at 30 Sept 2025.
Profitability was pressured by a USD 739m impairment on Polestar 3, driving a nine-month net loss of USD 1,558m and negative gross margin of (34.5)%. Adjusted EBITDA improved to a USD (561)m loss. Polestar secured a USD 200m PIPE and ~USD 3.2bn in facilities; a reverse stock split was announced as planned.
Polestar (Nasdaq: PSNY) received a Nasdaq notice that it is not in compliance with the $1.00 minimum bid price requirement under Nasdaq Listing Rule 5450(a)(1).
The company has 180 days, until 29 April 2026, to regain compliance by attaining a closing ADS price of at least $1.00 for ten consecutive business days. If not regained, Nasdaq may grant an additional 180 calendar day cure period per Nasdaq rules. The notice does not have an immediate effect on the listing; the ADSs will continue to trade subject to other listing requirements.
Polestar (Nasdaq: PSNY) reported estimated retail sales of 14,192 cars in Q3 2025, up 13% versus Q3 2024, and an estimated 44,482 cars for Q1–Q3 2025, a 36% increase year‑over‑year. Management noted the company has sold as many cars in the first nine months of 2025 as in the whole of 2024 and cited strong order intake despite challenging market conditions.
Polestar said it will publish select third‑quarter 2025 results and hold an analyst conference call on 12 November 2025. The release includes a sales breakdown table by period and highlights continued retail growth into Q3.
Polestar (NASDAQ:PSNY) reported significant growth in H1 2025, with revenue increasing 56.5% to $1.42 billion and retail sales volumes up 51.1%. The company secured $200 million in new equity and maintained a cash position of $719 million as of June 30, 2025.
However, the company faced challenges with a net loss of $1.19 billion, primarily due to a $739 million non-cash impairment expense on Polestar 3. The Adjusted Gross Margin was positive at 1.4%, improving by 4.0 percentage points year-over-year. The company expanded its retail network with an average of five new sales points opening per month in Q2 2025.
Polestar also announced plans for the Polestar 7, to be manufactured in Slovakia with a planned launch in 2028, and reiterated its target of 30-35% compound annual retail sales volume growth for 2025-2027.
Polestar (Nasdaq: PSNY) has scheduled the release of its H1 2025 unaudited financial results for September 3, 2025, before market open. The company will host a conference call on the same day at 14:00 CET (08:00 ET) to discuss the results. Investors can access the conference call through Polestar's Investor Relations website.
Yum China (NYSE: YUMC) has announced the appointment of Zhe (David) Wei to its Board of Directors, effective August 6, 2025. This appointment expands the board to 13 directors, with 11 being independent. Wei, the founding partner and chairman of Vision Knight Capital, brings significant experience in consumer sectors and digital commerce, including his previous role as CEO of Alibaba.com Limited from 2007 to 2011.
Wei's extensive background includes leadership positions at B&Q China and various board memberships in prominent companies. He currently serves as a non-executive director of PCCW Ltd., JNBY Design Limited, and Sansure Biotech Co., Ltd., among others. His appointment is expected to contribute to Yum China's focus on operational efficiency and innovation.
Polestar (NASDAQ: PSNY) has partnered with Agero as its exclusive roadside assistance provider in the United States. The collaboration aims to enhance the ownership experience for Polestar's electric vehicle customers through Agero's specialized EV services and technology platform.
Agero brings significant expertise, having handled 250,000 EV roadside incidents last year. The partnership includes specialized EV roadside assistance, digital service tracking, integrated safety features through Polestar Connect, and proactive customer care. The service comes amid projected 12.61% annual growth in EV adoption through 2029.
The partnership leverages Agero's 50 years of automotive experience and extensive service provider network to deliver premium assistance specifically tailored for electric vehicle owners.