Polestar

Overview

Polestar is determined to improve society by accelerating the shift to sustainable mobility. Polestar is a Swedish automotive brand established in 1996 as Flash Engineering. Polestar is a pure play, premium electric performance car brand headquartered in Sweden, designing products engineered to excite consumers and drive change. Polestar believes that it defines market-leading standards in design, innovation, and sustainability. Polestar was established as a premium electric car brand by Volvo Cars and Geely in 2017. Polestar benefits from the technological, engineering, and manufacturing capabilities of these established global car manufacturers. Polestar has an asset-light, highly scalable business model with immediate operating leverage.

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Quick Facts

Company Name	Polestar
Industry	Automotive
HQ Address	Gothenburg, Sweden
Revenue	$2.5 Billion
Employee Size	2887
Company Type	Public
Fiscal Year-End	December 31st
Website	www.polestar.com
Subsidiaries	Polestar Holding AB, Polestar Automotive (Singapore) Pte. Ltd., Polestar Performance AB, Polestar Automotive Canada Inc., Polestar Automotive USA Inc., Gores Guggenheim, Inc., and More
Locations	158 locations
Competitors	Lucio, Xpeng, Nio, and More
Recognition & Awards	In June 2022, Polestar won the 2022 Best Brand Design Language award at the prestigious International Car Design Awards, and More