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.