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 ...

Polestar Automotive Holding UK PLC (NASDAQ:PSNY) is one of the 10 Stocks Crash Hard on a Roaring Monday. Polestar Automotive fell by 3.6 percent on Monday to close at $1.07 apiece amid the lack of ...

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

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

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.

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.

Polestar 2. 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, ...

In other recent news, Polestar Automotive Holding UK Plc reported a significant 38% increase in second-quarter sales volumes, delivering approximately 18,049 vehicles. For the first half of 2025, the ...