Polestar Automotive
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Polestar Automotive (PSNY) investor relations material

Polestar Automotive Status update summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Status update summary18 Feb, 2026

Strategic growth and product expansion

  • Achieved record sales in 2025 with global growth of 34% and over 50% in Europe, supported by a lean team across 28 markets.

  • Four new models planned by 2028: Polestar 5, a new Polestar 4 variant, a next-generation Polestar 2, and the Polestar 7 compact SUV, with Polestar 5 deliveries starting summer 2026, Polestar 4 variant in Q4 2026, next-gen Polestar 2 in early 2027, and Polestar 7 in 2028.

  • Retail network expanded from 140 to 210 sales points in 2025, targeting a 30% increase in 2026, leveraging Volvo's service network.

  • Aims for low double-digit volume growth in 2026, with improved channel and product mix and a shift toward Polestar 4.

  • Polestar 7 targets the compact SUV segment, the largest EV segment in Europe, with production planned in Europe.

Sustainability and innovation

  • Reduced emissions per car by 25% over five years through low-carbon materials, recycled content, and supply chain transparency.

  • Committed to halving per-vehicle greenhouse gas emissions by 2030 and achieving climate neutrality by 2040, supported by the Mission 0 House project with $10 million in funding and 11 partners.

  • Focus on further emission cuts via renewable energy, greener steel, and vehicle-to-grid technology.

  • Sustainability is a key differentiator for customers and talent, especially in fleet business.

Design and technology direction

  • Design strategy focuses on a bold evolution, emphasizing performance, Scandinavian interiors, and a balance of digital and physical controls.

  • Upcoming models will feature more emotional, dynamic exteriors and driver-oriented interiors, with increased personalization and AI-driven technology.

  • Continued use of Android Automotive OS in future models.

Detail path to profitable growth with new models
New Polestar 4 variant's market expansion strategy
Strategic rationale for Polestar 7 European production
Polestar 7's role in brand accessibility?
Vehicle-to-grid: timeline for implementation?
Reconcile digital and physical controls?
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Frequently asked questions

Swedish EVs

Polestar is a Swedish automotive brand focused on high-performance electric vehicles (EVs). Originally an independent company known for enhancing Volvo cars, Polestar was acquired by Volvo in the late 1990s and operated as its performance arm. However, in 2017, the brand underwent a transformation when Volvo and its parent company, Geely, repositioned Polestar as a standalone manufacturer specializing in electric vehicles. The company places a large emphasis on design and performance, focusing solely on the growing EV market.

Origins in Performance

Polestar's roots trace back to the Swedish racing scene of the 1990s, originally operating as an independent company focused on modifying Volvo cars for the racetrack. Over time, its expertise expanded to producing high-performance road cars based on Volvo models. Recognizing the potential, Volvo acquired Polestar, incorporating its performance know-how into select Volvo models. For nearly two decades, Polestar served as Volvo's performance division. However, a significant shift occurred in 2017 when Volvo and its parent company, Geely, decided to pivot Polestar's focus entirely to electric vehicles. They rebranded and repositioned Polestar as a standalone electric vehicle producer. Like one of its main competitors, Tesla, Polestar only produces EVs.

Focus on EV

Polestar specializes in producing premium electric vehicles (EVs) with a blend of cutting-edge design, technology, and performance. Their portfolio began with the Polestar 1, a plug-in hybrid grand tourer with a limited production run. This was followed by the fully electric Polestar 2, a luxury fastback targeting a broader market with sophisticated tech features and sustainable materials. Polestar is expanding its product range and plans to introduce new models, such as an SUV and a performance roadster, in the coming years.

Scandinavian Design

Polestar operates with a philosophy that draws inspiration from Scandinavian design principles, which prioritize simplicity and functionality. Their vehicles showcase streamlined designs, with an emphasis on both form and function. Like many modern car manufacturers, Polestar integrates modern features into their cars such as driver assists, while also aiming for an interface that's user-friendly.

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