EV maker Polestar secures $400 million equity funding

Electric vehicle maker Polestar said on Monday it has secured a $400 million equity investment from Feathertop Funding Limited, a special purpose entity consolidated by Sumitomo Mitsui Banking Corporation and Standard Chartered Bank.

Reuters • Feb 2, 2026

Polestar Announces Equity Financing of USD 400 Million

GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) today announced a USD 400 million equity investment by Feathertop Funding Limited, a special purpose vehicle consolidated to Sumitomo Mitsui Banking Corporation, and Standard Chartered Bank (Hong Kong) Limited, with USD 200 million each. Concurrent with the purchase, these financial institutions have each entered into a put option arrangement with a wholly-owned subsidiary of Geely Sweden Holdings AB, which provides the financial inst.

Business Wire • Feb 2, 2026

Polestar's quarterly EV sales jump as Europe pivot pays off

EV maker Polestar reported a sharp rise in fourth‑quarter vehicle sales on Friday, helped by its recent strategy of focusing on Europe.

Reuters • Jan 9, 2026

Polestar reports record retail sales in 2025

GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) retail sales amounted to an estimated 15,608 cars in Q4 2025, up 27% versus Q4 2024. For the full year, retail sales totalled approximately 60,119 cars, a growth of 34% compared to 2024. Michael Lohscheller, Polestar CEO, says: “For retail sales volumes, 2025 has been the best year ever for Polestar, despite continued external headwinds and challenging market conditions. We are gaining market share and outselling many established car.

Business Wire • Jan 9, 2026

Polestar announces equity financing transaction of USD 300 million and a USD 300 million debt to equity conversion

GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) today announced a USD 300 million equity investment by Banco Bilbao Vizcaya Argentaria, S.A. and NATIXIS, with USD 150 million each. Concurrent with the purchase, these financial institutions have each entered into a put option arrangement with a wholly-owned subsidiary of Geely Sweden Holdings AB, which provides the financial institutions with an exit path, if needed, in three years with certain returns, as part of this equity financ.

Business Wire • Dec 19, 2025

Polestar Secures New Term Loan Facility of Up To USD 600 Million

GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY), as borrower, entered into a credit agreement with a wholly owned subsidiary, as lender, of Geely Sweden Holdings AB in relation to a subordinated term loan facility of up to USD 600 million, of which the last USD 300 million would require lender consent based on Polestar's future liquidity needs. The term loan facility is available to Polestar for general corporate purposes. About Polestar Polestar (Nasdaq: PSNY) is the Swedish elect.

Business Wire • Dec 16, 2025

Why Polestar Automotive Stock Crashed 20% After Its Reverse Stock Split This Week

Polestar performed a reverse stock split to get above the minimum share price to be eligible for the Nasdaq exchange. The company is burning money, with no path to positive profitability anytime soon.

The Motley Fool • Dec 12, 2025

Polestar announces date for implementation of ADS ratio change from 1:1 to 1:30 ordinary shares

GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) (the “Company”) today announces that the effective date for the previously announced plan to change the ratio of its American Depositary Shares to ordinary shares will occur on 9 December 2025 (the “Effective Date”). Specifically, the Company's Class A, Class B, Class C-1 and Class C-2 American Depositary Shares (collectively, the “ADSs”) ratio to the respective Class A, Class B, Class C-1 and Class C-2 ordinary shares (the “ADS Ratio.

Business Wire • Dec 4, 2025

‘The Chinese will not pause': Volvo and Polestar bosses urge EU to stick to 2035 petrol car ban

Exclusive: Swedish carmakers push to retain target as Germany lobbies to help its own industry by softening cutoff date

The Guardian • Dec 2, 2025

Swedish EV maker Polestar announces one-for-thirty reverse stock split to maintain Nasdaq listing

Sweden's Polestar on Friday said it would conduct a one-for-thirty reverse stock split of its American Depository Shares as the electric vehicle maker seeks to avoid a Nasdaq delisting.

Reuters • Nov 14, 2025