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

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