As part of the deal, Polestar has agreed to sell 190,476,190 newly issued Class A American Depository Shares to PSD Investment through a private investment in public equity for $1.05 each.

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 ...

Social Democratic Party (PSD) president Sorin Grindeanu has firmly denied rumours that the party intends to leave Romania's ...

Polestar (PSNY) Drops on Lack of Positive Catalyst. A pristine electric vehicle parked in front of a modern Gothenburg skyline. Prior to the closing of the transaction, PSD Investment intends to ...

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.

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 ...

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 ...

Geely Still Backing Polestar—Up to a Point Polestar is currently 81% controlled by Geely Group founder Li Shufu, through Geely Sweden, Volvo Cars, and PSD Investment.