Latest Polestar News & Updates

See the latest news and media coverage for Polestar. We track all announcements, press releases, and industry mentions in real time, all in one place.

Polestar

Electric performance car brand

polestar.com

Headquarters: Göteborg, Sweden
Founded year: 2017
Company type: Public company
Number of employees: 2,500–5,000
Industry: Auto & Truck Manufacturers

Last updated Today

Latest news about Polestar

In short: Polestar faced a significant setback as it exited the U.S. market following a government ban, despite reporting record global sales.

Company announcements

July 9 Polestar

Polestar's H1 retail sales hit a record 30,423 cars

In Q2 2026, retail sales were 17,296 cars, and the sales network expanded to 235 sites, a 39% increase year-over-year.

July 1 Polestar

Polestar completes USD 640 million debt-to-equity conversions

Geely Sweden and Volvo Cars converted loans into equity, extending loan terms and increasing green trade finance facility to EUR 450 million.

June 1 Polestar

Polestar starts sales in Estonia, Latvia, and Lithuania

Partnering with Volvax Baltic, Polestar will open Spaces in Tallinn, Riga, and Vilnius during 2026, aiming for 250 global locations.

May 7 Polestar

Polestar reports Q1 2026 financial and operational results

Record volumes of 13,126 cars up 7% YoY. Revenue steady at $633M but gross margin negative at -3.2%. Cash position $676M. Plans four new models.

Media coverage

Today Yahoo Finance

Chinese-Owned EV Maker Polestar Won’t Appeal U.S. Ban, Leaving Dealers in the Lurch

The automaker’s exit from the U.S. market comes as several dealers hoped for retail expansion.

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