Polestar Automotive Holding UK PLC(PSNY)Earnings, Financials & Key Ratios

GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) announces that Geely Sweden Holdings AB and Volvo Cars completed previously announced debt-to-equity conversions. On 30 June 2026, approximately USD 300 million and USD 66 million of their respective outstanding shareholder loans were converted into Polestar's equity. This brings the total of debt converted by the parties into Polestar's equity to approximately USD 640 million since the beginning of 2026. As previously announced, the r.

When Ryan Rodriguez landed a great deal on a model year 2024 Polestar earlier this month, he did ​not anticipate the brand would soon be in trouble in the United States.

Regulators are putting the kibosh on sales of the automaker's upcoming EV models because of its ties to China.

Polestar says the Trump administration is forcing it to stop selling EVs in the U.S. starting with the 2027 model year under connected vehicle rules.

Polestar Automotive (PSNY) has been denied authorization to sell future models in the US from next year under connected-vehicle rules aimed at limiting Chinese