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.

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

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 ...

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.

Romanian prime minister Ilie Bolojan has offered assurances that public investment projects already in advanced stages under ...

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

Polestar, the Geely-owned car brand, has reported a 38% increase in retail sales volumes in the second quarter (Q2) of 2025, with an estimated 18,049 cars sold. For the first half of the year ...

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, ...

Even though Polestar has cut its losses, it’s not making enough money to cover its costs. Without new investment, the company may struggle to stay in business or launch new car models.

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 ...