Swedish automotive brand From Wikipedia, the free encyclopedia
Polestar is a Swedish automotive brand. It was established in 1996 by Volvo Cars' partner Flash/Polestar Racing. It was acquired in 2015 by Volvo.[3] The company is headquartered in Torslanda near Gothenburg, Sweden.[4] The vehicles are made in China.[5]
| |
| Company type | Public company |
|---|---|
| NASDAQ: PSNY | |
| Founded | 1996 |
| Headquarters | Gothenburg, Sweden |
Area served | Worldwide |
Key people | |
| Products |
|
| Revenue |  US$1.34 billion (2021) |
 US$−995 million (2021) | |
| US$−1.01 billion (2021) | |
| Total assets | US$3.31 billion (2021) |
| Total equity | US$−122 million (2021) |
| Owner | Volvo Cars (49.5%) |
Number of employees | 1,300+ (December 2021) |
| Website | www |
| Footnotes / references [1][2] | |
The Polestar name comes from the Polestar racing team.[6][7] The racing team changed its name to Cyan Racing but still has close ties to Volvo.[8]
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