Polestar

2025.09.20

15:11

The National Highway Traffic Safety Administration (NHTSA) announced that Polestar Automotive USA is recalling 27,816 vehicles in the United States because the rearview camera image cannot be displayed, which reduces the driver's field of view behind the vehicle and increases the risk of a collision.

2025.09.05

14:22

Deutsche Bank: Lowered Polestar Automotive's (PSNY.O) target price to $1 from $1.50 previously.

2025.07.10

19:03

Polestar: Sales in the second quarter increased 38% year-on-year to 18,049 units.

2025.05.12

08:57

Polestar recalls 3,664 vehicles in the U.S. due to reversing image problems

On May 12, the National Highway Traffic Safety Administration (NHTSA) of the United States disclosed that Polestar Automotive is recalling some Polestar 3 vehicles, totaling 3,664 vehicles. The reason for the recall is that the rear-view camera image may not be displayed when the vehicle is in reverse gear. When the rear-view camera image cannot be displayed, the driver's observation of the rear view of the vehicle will be reduced, increasing the risk of collision; the software will be updated free of charge through dealers or OTA software updates.

2025.04.15

16:26

Polestar Auto and Meizu terminate their business cooperation in China

Polestar Automotive recently announced that it has signed a termination framework agreement with StarJi Meizu, deciding to terminate the business operations of the joint venture Polestar Technology and transfer the distribution rights to Polestar. According to the terms of the agreement, the joint venture will be responsible for paying off all outstanding financial obligations and remaining debts to business partners (including external investors) before ceasing operations. In addition, the agreement also includes a clause to transfer part of the joint venture's digital and other assets at a fair price agreed upon by the two parties to ensure that Polestar can resume sales, customer service and distribution business in the Chinese market.

2025.02.28

21:44

Insider: Polestar Technology's latest organizational structure adjustment mainly affects direct sales channels

Polestar Automotive, which was born out of Volvo's high-performance division, has recently undergone a new round of adjustments to its joint venture. On February 28, in response to news about Polestar Technology's staff reduction, a person related to Polestar Technology revealed that Polestar Technology is indeed experiencing staff reductions, "mainly involving a reduction in channels." The person also said that in terms of sales channels, Polestar Technology has adopted a direct sales + dealer agency model, and the direct sales channels are mainly affected this time, and the reason is actually to reduce costs.

2025.01.16

20:02

Polestar Automotive: Polestar 4 will go into production in South Korea in the second half of 2025.

2024.12.10

19:28

Polestar launches limited-time 5-year 0% interest car purchase promotion

On December 10, Polestar announced a limited-time 5-year 0% interest car purchase promotion. Purchases of Polestar 4 models before the end of the year will receive a subsidy of up to 85,000 yuan, with an additional subsidy of up to 50,000 yuan for optional equipment.

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