Polestar Automotive Holding UK PLC (NASDAQ:PSNY) is one of the
8 Best Small Cap EV Stocks to Buy Right Now.
On April 17, 2026, Polestar Automotive Holding UK PLC (NASDAQ:PSNY) reported retail sales of 60,119 cars, up 34% year-over-year. Michael Lohscheller said 2025 marked a record year with sales above 60,000 cars and revenue exceeding $3B, driven by expansion of the sales network and strength of the model lineup. Michael Lohscheller also said the company strengthened its balance sheet since June 2025 through $1.2B in equity injections, approximately $0.6B in debt-to-equity conversions, and a three-year extension of a $0.7B shareholder loan, while outlining plans to expand sales points by 20% in 2026 alongside four new models over the next three years, with a focus on cost reduction and financial discipline amid more challenging market conditions.
The company said it expects retail sales volumes to grow at a low double-digit rate in 2026, with continued emphasis on quality revenue, and noted the sales mix is expected to shift further toward the Polestar 4 coupe, its best-selling model, with the addition of a Polestar 4 SUV variant later in the year.
Image by Mikes-Photography from Pixabay
On April 9, 2026, Polestar reported estimated Q1 retail sales of 13,126 cars, up 7% from Q1 2025, with 230 retail sales points in operation compared to 154 a year earlier, representing a 50% increase. Michael Lohscheller said the company delivered its highest first-quarter retail sales, citing strong performance in markets including Australia, Germany, Sweden, South Korea, and the UK, while noting resilience amid ongoing geopolitical developments.
Polestar Automotive Holding UK PLC (NASDAQ:PSNY) develops and sells battery electric vehicles across Europe, North America, Asia-Pacific, the Middle East, and other markets.
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