Polestar
Last updated: February 7, 2026 at 9:51 AM
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google/gemini-2.0-flash-001Timeline
1996
Roots as Racing Team
Polestar's origins as a racing team and tuning brand associated with Volvo.
2005
Polestar Racing Established
Polestar Racing was officially established.
2015
Volvo Acquisition
Volvo acquired Polestar.
2017
Relaunch as EV Brand
Polestar was relaunched as a standalone electric car brand.
2017
Company Founded
Polestar was founded and headquartered in Torslanda, Sweden.
2022
Employee Count
Polestar had 2,377 employees as of December.
2023
Financial Results
Polestar reported revenue of US$2.38 billion, an operating loss of US$1.46 billion, and a net loss of US$1.17 billion.
2023
Total Assets
The company's total assets were US$4.13 billion, with total equity of US$1.25 billion.
2025
Polestar 5 Introduction
Planned introduction of the Polestar 5, a four-door GT.