Polestar

Swedish electric car brand

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2025 Planned release of the Polestar 5, a mid-size sedan built on the SEA platform with a battery electric powertrain.
2024 Launched two new electric vehicles: the Polestar 3, a mid-size SUV related to the Volvo EX90, and the Polestar 4, a compact coupe SUV.
2024 Introduced the Polestar 4, a compact coupe SUV developed on the SEA platform with a battery electric powertrain.
2024 Launched the Polestar 3, a mid-size SUV related to the Volvo EX90, built on the SPA2 platform with a battery electric powertrain.
April 2024 Geely Holdings became a major new shareholder, directly owning approximately 24% of Polestar, with the free float rising to about 18% of shares.
February 2024 Volvo announced plans to reduce its ownership stake in Polestar from 48% to 18% by transferring stock to shareholders.
2023 Polestar's revenue slightly decreased to 2,379 million USD, with an increased net loss of 1,195 million USD and further workforce expansion to 2,515 employees
2023 Polestar announced construction of a new headquarters building in central Gothenburg.
2022 Polestar reached peak revenue of 2,444 million USD, reduced net loss to 477 million USD, and grew to 2,377 employees
2022 Polestar released a limited-production special version of Polestar 2 called the Polestar 2 BST edition 270, with only 270 units to be manufactured under the Polestar Engineered label.
2022 Production of the Polestar 1 was discontinued after completing the planned limited production run.
September 2022 Citroën and Polestar reportedly settle their long-standing logo dispute.
August 2022 Polestar announced a partnership with Candela to supply batteries and charging hardware for electric hydrofoil boats, expanding the company's technological applications beyond electric vehicles.
August 2022 Polestar announced a sixth new roadster model, Polestar 6, based on the O2 concept car, expected to enter production in 2026.
June 24 2022 Polestar begins trading on the Nasdaq stock exchange under the symbol PSNY, marking its public market debut.
March 2022 Polestar launched a roadster concept named the Polestar O2.
2021 Polestar experienced substantial revenue growth to 1,346 million USD, with a net loss of 969 million USD and expanded to 1,300 employees
2021 Polestar Automotive Holdings UK PLC is jointly formed by Volvo Cars and Geely Holding Group, establishing the current holding company structure.
December 2021 As a consequence of the legal dispute, Polestar vehicles become unavailable for purchase in France.
2020 Polestar significantly increased revenue to 610 million USD, with a net loss of 485 million USD
2020 Polestar introduced the Polestar 2, a compact car with a 5-door liftback body style, utilizing the CMA platform and featuring a battery electric powertrain.
June 14 2020 The initial ruling against Polestar is confirmed on appeal, solidifying Citroën's legal victory.
June 4 2020 The Tribunal de grande instance makes an initial ruling in favor of Citroën in the logo dispute.
2019 Polestar reported 92 million USD in revenue with a net loss of 198 million USD
2019 Polestar began production of the Polestar 1, a plug-in hybrid sports car and grand tourer limited to 1,500 units.
July 2019 Citroën files a legal dispute against Polestar at the Tribunal de grande instance, claiming the Polestar logo is too similar to its own brand logos.
February 27 2019 Polestar unveiled the Polestar 2 electric car online from their headquarters in Gothenburg, Sweden, followed by a public debut at the Geneva Motor Show.
October 17 2017 Volvo Cars and Geely Holding announced Polestar would become a standalone brand focusing on electric cars, and introduced the Polestar 1 concept car.
July 2015 Volvo Cars acquires the Polestar brand, signaling a strategic shift in the company's direction.
June 2012 Launched the Volvo S60 Polestar Concept, featuring 508 BHP from a modified T6 engine, which broke the lap record for four-door cars at Mazda Raceway Laguna Seca.
2010 Polestar produced its first prototype car, the C30 Polestar Performance Concept Prototype.

This contents of the box above is based on material from the Wikipedia article Polestar, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.

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