Polestar is a Swedish electric vehicle manufacturer founded in 2017 as a standalone brand under Volvo Cars, though it is now controlled by Li Shufu's Geely Holding. Listed on Nasdaq under ticker PSNY, the company designs and manufactures electric performance cars from its headquarters in Gothenburg, with production facilities including operations in South Carolina, USA.
The company's product line comprises the Polestar 2 fastback, Polestar 3 SUV, and Polestar 4 SUV coupe, with the Polestar 5 Grand Tourer in development. Its technical work spans electric vehicle design and manufacturing, automotive performance engineering, minimalistic design, and sustainable vehicle solutions. Polestar has set a strategic commitment to deliver a climate-neutral car by 2030.
The brand's heritage traces back to 1996 when it operated as Flash Engineering before becoming Volvo's performance arm. This racing foundation informs its current positioning as an electric performance brand, combining cutting-edge automotive technology with sustainable mobility solutions.
