Welcome to our dedicated page for Polestar Automotive Holding UK news (Ticker: PSNYW), 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 premium electric vehicle business, including retail sales volumes, sales-network expansion, product-line updates and operating performance across key markets. Company updates also cover Polestar models such as Polestar 3, Polestar 4 and Polestar 5, as well as manufacturing plans, cost actions, competitive conditions and the effects of tariffs and foreign exchange on results.
Recurring disclosures include capital-structure actions, shareholder loan arrangements, liquidity updates, Nasdaq listing compliance matters and sustainability reporting tied to vehicle life-cycle assessments. News for PSNYW may also reflect foreign-issuer and American depositary security developments connected to Polestar’s public-company reporting.
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.
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.
Polestar (Nasdaq: PSNY) reported strong retail sales growth in Q2 2025, with volumes reaching 18,049 cars, representing a 38% increase compared to Q2 2024. The electric vehicle manufacturer's performance in the first half of 2025 was even more impressive, with retail sales volumes of 30,319 cars, marking a 51% year-over-year growth.
CEO Michael Lohscheller highlighted that these results were achieved despite challenging market and geopolitical conditions, attributing the growth to successful retail expansion efforts and increasing customer preference for Polestar vehicles.
Polestar (Nasdaq: PSNY) has announced plans to manufacture its upcoming Polestar 7 premium compact SUV in Kosice, Slovakia, marking its first European production expansion. The company has signed a memorandum of understanding with Volvo Cars for development and manufacturing, with launch planned for 2028.
The vehicle will utilize Geely Holding Group architectures and Volvo Cars' technology base, featuring advanced cell-to-body technology, next-generation battery systems, and in-house developed e-motors. The Kosice factory, which began construction in 2023, was chosen for its strategic location and established supplier network in Europe.