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Polestar

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An electric performance car brand, determined to improve the society

Göteborgs Stad, SwedenFounded 2017Transportation
Valuation $6.35B Market cap · 2026
Revenue $3.71B Latest reported FY

About Polestar

Polestar is a premium electric performance car brand dedicated to driving the automotive industry towards a sustainable future. The company operates in the electric vehicle (EV) market, targeting environmentally conscious consumers who value high performance and innovative design. Polestar's business model revolves around the production and sale of electric vehicles, with a strong emphasis on sustainability and advanced technology. The company generates revenue through the direct sale of its vehicles, which are manufactured at its state-of-the-art production center in Chengdu, China. Polestar also engages customers through unique retail environments known as Polestar Spaces, which are designed to offer a pressure-free experience without traditional salespeople. The company is committed to achieving net zero greenhouse gas emissions and is actively involved in the development of new technologies and solutions for a circular economy. Polestar's initiatives include the Polestar Design Contest, which encourages designers to envision the future of sustainable mobility. The company's core values include passion for electrified mobility, precision in design, and a commitment to societal improvement through innovation.

Source: Dealroom company data

At a glance

Status
Listed
Founded
2017
Headquarters
Göteborgs Stad, Sweden
Listing
Public via SPAC 2015
Employees
2,902
Open positions
28
Dealroom signal
66.7/100
Sub-industry
Vehicle Production
Sector
Transportation, Direct-to-Consumer, Sustainable Development Goals, Became $1B as Subsidiary, SPAC Target, SPAC IPO Announced, Climate Tech, Nordic Rising Star 2022, Top 50 Nordic Rising Star 2022 Sweden, Electric Mobility, EV Manufacturing, Hard Tech
Business model
Manufacturing
Client focus
b2b

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO EQUITYOther financing Mar 2026 $300M — Vida Finance · Innovator · Credit Agricole CIB ↗
POST IPO EQUITYOther financing Jan 2026 $300M — BBVA · Natixis ↗
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMargin
2026 $3.7B +21.3% −$2B -53.5%
2025 $3.1B +50.3% −$2B -64.9%
2024 $2B -14.5% −$1.7B -84.1%
2023 $2.4B -3.4% −$1.4B -59%
2022 $2.5B +84.1% −$720M -29.3%
2021 $1.3B +119.1% −$705M -52.7%
2020 $610M — −$224M -36.7%
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Polestar website traffic

Latest recorded traffic for Polestar is 3.6M monthly website visits, up 56.5% over the last three months. Polestar's team declined 8.7% over the past year.

Latest monthly visits3.6M 3-month web change+56.5% 1-year team growth-8.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
FiskerSpecializes in the manufacturing of plug-in hybrid electric vehicles Manhattan Beach, United States Acquired 1,291 $1.1B —
Ree AutomotiveREE Automotive is an electric platform leader reinventing e-mobility Tel Aviv-Yafo, Israel Operational
Volta TrucksCreating an all-electric truck specifically to be used in and around cities and urban areas Sigtuna kommun, Sweden Acquired
EinrideEnd-to-end solutions for electric and autonomous shipping. Stockholms kommun, Sweden Operational
ProterraA leader in the design and manufacture of zero-emission heavy-duty vehicles, enabling bus fleet operators to significantly reduce operating costs while delivering clean, quiet transportation to local communities Burlingame, United States Acquired
Electric Last Mile SolutionsNew US Electric Vehicle company transforming commercial delivery networks for the e-mobility businesses of today and tomorrow. Our technology is designed to deliver the most reliable and most efficient Electric Last Mile Solutions combining integrated deep data analytics, customization and sustainable engineering Troy, United States Acquired
Thunder Power HoldingsManufacturer of premium electric vehicles. With R&D headquarters in Milan, production in Europe & Asia, Hong Kong Operational
Xos TrucksWe are a Los Angeles-based transportation lab making electric commercial vehicle fleets a reality Los Angeles, United States Operational
Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

16 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later16 investors entered at this stage

  • Volvo Cars
  • SK Group
  • Zibo Financial Holding
  • Zibo Hightech Industrial Investment
  • Chongqing Chengxing Equity Investment Fund Partnership
  • Gores Guggenheim
  • Geely
  • Natixis
  • Shanghai Pudong Development Bank
  • HSBC
  • BNP Paribas
  • BBVA
  • Standard Chartered
  • Vida Finance
  • Innovator
  • Credit Agricole CIB
Team profiled 58 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
34 countries with
team presence
🇸🇪 Sweden50.1%
🇬🇧 United Kingdom12.7%
🇺🇸 United States7.1%
🇨🇳 China4%
🇧🇪 Belgium2.8%
Top 5 of 34 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Polestar on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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