Polestar Automotive Holding UK PLC

Polestar Automotive Holding UK Plc engages in the manufacturing, distribution, and sale of luxury electric vehicles. The company was founded on September 15, 2021 and is headquartered in Gothenburg, Sweden.

Earnings data Q2 2022

Earnings data Q3 2022

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Polestar Automotive achieves record Q2 performance and eyes global expansion

Polestar Automotive reported strong Q2 performance with delivery and revenue growth.
The company is focusing on product enhancements, strategic partnerships, and global expansion.
Challenges include inventory impairment, cash flow management, and production ramp-up.
Opportunities lie in collaborations, market expansion, and leveraging autonomous driving technology.

Polestar achieves record deliveries, targets profitability amid funding challenges

Polestar's strong performance in car deliveries and model reception underscores its growth potential. While challenges in funding and cash flow persist, the company's strategic initiatives and product lineup position it well for success in key markets.

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Polestar Automotive Holding UK Plc engages in the manufacture, distribution, and sale of luxury electric vehicles. Its products include Polestar 1, a performance hybrid sedan, Polestar 2, an electric sedan, and Polestar 3, an electric SUV type vehicle. The company was founded on September 15, 2021 and is headquartered in Gothenburg, Sweden.

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Swedish electric-vehicle company Polestar Automotive Holding UK PLC PSNY, -7.10% said Thursday that it delivered about 12,000 vehicles in the first quarter, up roughly 26% from a year before. The company continues to expect that its global volumes for 2023 will be up nearly 60% to 80,000 units.

Polestar delivers about 12,000 vehicles in first quarter

GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar Automotive Holding UK PLC (“Polestar” or the “Company,” Nasdaq: PSNY), the Swedish electric performance car brand, reports its global volumes for the first quarter of 2023. Building on the record 2022 global volumes of over 51,000, the Company delivered approximately 12,000 vehicles in the first quarter of 2023, up nearly 26% year-on-year.

Polestar Reports Global Volumes for First Quarter Of 2023

GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) has published its third Annual Sustainability Report.

Polestar reduces relative CO2 emissions by eight percent in continued efforts to decouple business growth from increased emissions

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Polestar Automotive Holding UK PLC (NASDAQ:PSNY ) Q4 2022 Results Conference Call March 2, 2023 8:00 AM ET Company Participants Bojana Flint - Head of IR Thomas Ingenlath - CEO Johan Malmqvist - CFO Conference Call Participants Winnie Dong - Deutsche Bank Charles Coldicott - Redburn Dan Levy - Barclays Operator Good day, and thank you for standing by. Welcome to the Polestar Fourth Quarter and Full Year 2022 Results Conference Call.

Polestar Automotive Holding UK PLC (PSNY) Q4 2022 Earnings Call Transcript

Polestar (NASDAQ: PSNY ) stock is accelerating higher after the electric vehicle (EV) company reported its fourth quarter and full year 2022 earnings results. Yearly deliveries totaled 51,491 vehicles, beating Polestar's internal guidance for 50,000 deliveries.

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Electric vehicle (EV) maker Polestar on Thursday posted a smaller quarterly loss, maintained its 2023 production outlook and said it would not engage in price wars while weakening demand has forced some rivals to scale back output.

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Polestar cuts annual losses in half as it ramps up EV production

GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar Automotive Holding UK PLC (“Polestar” or the “Company,” Nasdaq: PSNY), the Swedish electric performance car brand, reports its preliminary unaudited financial and operational results for the year ended December 31, 2022. Thomas Ingenlath, Polestar CEO, comments: “We left 2022 having exceeded our 50,000 delivery target, grown revenue over 80 percent and with strengthened liquidity.

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Polestar Automotive (NASDAQ: PSNY ) stock is rising as it prepares to report results on March 2. American EV makers Fisker (NYSE: FSR ) and Rivian (NASDAQ: RIVN ) also rose in pre-market trading on Feb. 27.

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GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar Automotive Holding UK PLC (“Polestar” or the “Company,” Nasdaq: PSNY), the Swedish electric performance car brand, announces the partnership with Say Technologies for the Q&A platform to be used for its upcoming full year results call on Thursday 2 March 2023 at 08:00 ET (14:00 CET).

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News for Polestar Automotive Holding UK PLC Stock (PSNY)