Polestar
Last updated: February 7, 2026 at 9:51 AM
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google/gemini-2.0-flash-001Timeline
1996
Flash Engineering Founded
Jan "Flash" Nilsson founded Flash Engineering, a racing team.
2015
Volvo Acquires Polestar
Volvo Cars acquired Polestar, transforming it into their performance arm.
2017
Polestar Established
Polestar was established as a standalone electric car brand, jointly owned by Volvo Cars and Geely Holding.
2022
Employee Count
Polestar had 2,377 employees as of December.
2023
Revenue
Polestar reported revenue of US$2.38 billion.
2023
Operating Income
Polestar reported an operating income of -US$1.46 billion.
2023
Net Income
Polestar reported a net income of -US$1.17 billion.
2023
Total Assets
Polestar's total assets were US$4.13 billion.
2023
Total Equity
Polestar's total equity was US$1.25 billion.