PSD Investment is controlled by Li Shufu, founder and chairman of Polestar’s majority owner, Geely Holding Group. In addition, in order to retain the voting power of its shares below 50%, ...

Polestar (Nasdaq: PSNY) announces a USD 200 million equity investment by PSD Investment Limited ("PSD Investment"), an existing investor, an entity that is controlled by Mr. Shufu (Eric) Li, Founder ...

As of June 2025, Volvo only holds a 16% stake in Polestar, with Geely's founder, Li Shufu controlling a staggering 66% of Polestar shares via Geely and his equity investment firm, PSD Investments ...

Last November, Polestar secured $1.6 billion in funding pledges from Volvo and Li's PSD Investment.

Polestar is currently 81% controlled by Geely Group founder Li Shufu, through Geely Sweden, Volvo Cars, and PSD Investment. But Volvo Cars sold much of its stake in Polestar in 2024, and now holds ...

Swedish EV company Polestar has announced a significant uplift in its global retail sales for the first quarter of 2025, albeit from a fairly low base. In Q1 of 2025 the company, principally owned by ...

For the first half of 2025, the company achieved a 51% growth in sales, reaching around 30,319 vehicles compared to the same period in 2024. Additionally, Polestar secured a $200 million equity ...

Polestar (Nasdaq: PSNY) announces a USD 200 million equity investment by PSD Investment Limited (“PSD Investment”), an existing investor, an entity that is controlled by Mr. Shufu (Eric) Li ...