Manufacturer · China

Polestar: the Swedish electric brand of Volvo and Geely, with cars built mostly in China

THE AUTO OUTLET TEAM · UPDATED SEPTEMBER 23, 2026 · ~7 MIN

In short

Polestar is a Swedish electric car brand that grew out of Volvo's racing team and became a standalone brand in 2017. It is mostly owned by Li Shufu, the founder of Geely, and by Geely Holding; Volvo Cars still holds about one fifth. Polestar has no plants of its own: its cars are built in Geely and Volvo factories, most of them in China. It loses money every year and survives on funding from its shareholders, and since 2025 it has practically withdrawn from the Chinese market. In Moldova, we bring the Polestar 4 to order, built by Geely in China on the SEA platform.

Polestar, official photo
Contents
2017the year Polestar became a separate electric brand
60,119cars sold to customers in 2025, the brand's best year
$2.36Bnet loss in 2025, including about $1.05B in impairments
69cars sold in China in the first half of 2025

Polestar models in Moldova

Prices are the lowest in our catalog on October 5, 2026, excluding cars already sold. They are final prices in Moldova, including transport, customs and registration. Those not in stock we bring from China, in 4–8 weeks on average.

Polestar 4, official photo Polestar

Polestar 4

Electric.

from €27,100
See the cars 2

Auto Outlet catalog · October 5, 2026

Lowest final price in Moldova, by Polestar model

4€27,100

We bring all the models above to order.

We can also bring any other Polestar model sold in China. See the full lineup below.

What to know before buying a Polestar

  • Fragile finances. Polestar has lost money every year: 2.36 billion dollars in 2025. It survives on money from Geely, Li Shufu and Volvo, and its stock had to be consolidated in December 2025 to avoid being delisted from Nasdaq. The brand's future depends on the support of these shareholders.
  • Polestar has left China. Since October 2025 it has no stores at all in China. A car built for the Chinese market has a different infotainment system (based on Flyme Auto, without Google services) than a European one, and Polestar's European warranty and updates may not apply. Ask us exactly which version the car you choose is.
  • The Polestar 4 coupe has no rear window. You see behind you only through the camera and the digital mirror. Many people get used to it quickly, but it is worth test-driving the car first, especially at night or in the rain. Those who want a rear window now have the Polestar 4 SUV version.
  • Check for recalls. In April 2026, Geely recalled 1,473 Polestar 4 cars in China, built between November 2023 and May 2024, over a risk of battery overheating. For a car from that period, ask for proof that the repair was done.

Polestar · annual sales

Polestar cars delivered or sold to customers, worldwide

20212022202320242025

Polestar grew quickly until 2023, fell in 2024 and had its best year in 2025, thanks to the Polestar 4. Note: through 2023 the figures are deliveries, while from 2024 Polestar reports retail sales to end customers, so the years are not perfectly comparable.

Source: Polestar, sales press releases and the 20-F annual report; electrive

  • Polestar, first half of 202630,423 cars, a record for a first half (+0.4%)
  • Polestar in China, first half of 202569 cars, with zero sales in April and May
  • Polestar, Q4 2025about 15,608 cars, +27% versus Q4 2024

Brand facts

Full namePolestar Automotive Holding UK PLC; in Chinese 极星 (Jíxīng)
HeadquartersTorslanda, near Gothenburg (Sweden), the operational headquarters. The holding company's registered office is in Bristol, in the UK.
OwnerAs of June 30, 2026: PSD Investment, the company of Li Shufu, Geely's founder (about 20.7%), Geely Holding (about 19.6%) and Volvo Cars (about 19.9%). Together, the companies controlled by Li Shufu, including Volvo, hold about 60%. The remaining shares trade on the stock exchange.
Company typeListed on the Nasdaq exchange in New York (ticker PSNY) since June 2022. It has lost money every year since it was founded.
What it makesOnly electric cars (EV): liftback, SUV, coupe-SUV and GT sedan. It has no plants of its own: the Polestar 2 is built by Volvo in Taizhou (China), the Polestar 4 by Geely in Hangzhou Bay (China) and in Busan (South Korea), the Polestar 3 in China and the US, the Polestar 5 at Geely's plants in Wuhan and Chongqing (China).
Related brandsVolvo Cars (shareholder and manufacturing and service partner). In the Geely Holding group: Geely, Zeekr, Lynk & Co, smart, Lotus.
Presence in EuropeEurope is the main market (78% of sales in Q1 2026). Since June 2026, after entering Estonia, Latvia and Lithuania, Polestar sells in 31 markets in Europe, North America and Asia-Pacific. In the US it can no longer sell new cars from model year 2027.
In-house technologiesIt uses the group's platforms: SEA (Geely) for the Polestar 4, SPA2 (Volvo) for the Polestar 3, CMA for the Polestar 2. The Polestar 5 sits on the first in-house platform, PPA, with a bonded aluminum body, developed by Polestar's UK team.

A short history

Polestar comes from the world of racing. In 1996 the Swedish team Flash Engineering was formed, competing in the Swedish Touring Car Championship. In 2005 it became Polestar Racing, and from 2009 it was Volvo's official partner for the sport versions of its production models. In July 2015, Volvo Cars bought the Polestar brand.

In October 2017, Volvo Cars and Geely Holding announced that Polestar would become a separate brand dedicated to electric cars, with an investment of 5 billion yuan. The first model, the Polestar 1, was a plug-in hybrid coupe built in only about 1,500 units between 2019 and 2021, at a plant in Chengdu (China). The first volume model, the Polestar 2, entered production in 2020 at the Taizhou plant (Luqiao district, China), which Volvo bought from Geely in December 2021.

On June 24, 2022, Polestar listed on the Nasdaq exchange in New York through a merger with a special purpose acquisition company (SPAC). The stock started at about 13 dollars and fell almost continuously; in September 2025 it dropped below 1 dollar, and Nasdaq warned the company that it risked being delisted. Polestar responded with a consolidation of its listed shares (30 to 1) on December 9, 2025, and on December 23, 2025, Nasdaq confirmed that the stock again met the 1-dollar threshold. Meanwhile, in 2024 Volvo Cars distributed a large part of its Polestar shares to its own shareholders, and Geely and Li Shufu became the majority owners.

In China, Polestar never caught on. In 2023 it formed a joint venture with Xingji Meizu (Li Shufu's phone group), which was closed in April 2025. In the first half of 2025 it sold only 69 cars in China, and on October 13, 2025, it closed its last store, in Shanghai; since then it sells only online. In June 2026, US authorities banned the sale of new Polestar cars from model year 2027, due to rules on Chinese software and components, so the brand is focusing on Europe.

Even so, sales have grown: 60,119 cars in 2025 (+34%), its best year, and 30,423 in the first half of 2026. The best-selling model is the Polestar 4. Losses remain large, however: 2.36 billion dollars in 2025. In 2025–2026, Geely, Li Shufu and Volvo put in over one billion dollars of new capital and converted loans of about 640 million into shares. The plan for the coming years: the Polestar 4 SUV (with a rear window) in 2026, the new Polestar 2 in 2027 and the Polestar 7 compact SUV, the first Polestar built in Europe (Slovakia), in 2028.

What sets it apart

No plants of its own: built by Geely and Volvo, mostly in China

Polestar has an "asset-light" model: it designs its cars in Sweden and the UK but builds them in its partners' plants. The Polestar 2 comes off Volvo's line in Taizhou (China), the Polestar 4 from Geely in Hangzhou Bay, near Ningbo (China), and since 2025 also from the Renault Korea plant in Busan (South Korea), initially for North America. The Polestar 3 was built in Chengdu (China) and in South Carolina (US); from 2026 all production is moving to the US. The only model planned in Europe is the Polestar 7, in Košice (Slovakia), from 2028.

Polestar 4: the SEA platform, related to the Zeekr 001 and Volvo EX30

The Polestar 4 sits on Geely's SEA platform, the same base as the Zeekr 001 and Volvo EX30. It has a 102 kWh NMC battery at 400 V, fast charging of up to 200 kW and 22 kW AC charging. The single-motor version (272 hp, rear-wheel drive) has up to 600 km of WLTP range; the dual-motor version (544 hp) accelerates from 0 to 100 km/h in 3.8 seconds. It received five stars in Euro NCAP tests in 2025.

No rear window: a camera instead of rear glass

The Polestar 4 in its coupe version has no rear window. Instead, a roof-mounted camera feeds the image to a digital rearview mirror. This gives rear passengers more headroom, and the glass roof can extend all the way back. For those who don't want this, in September 2026 Polestar launched the Polestar 4 SUV version, with a rear window, built in South Korea.

A car for China or for Europe

In Europe and North America, the Polestar 4 has the Android Automotive infotainment system, with Google services (Maps, Assistant, Play). For China, Polestar chose a different system, built on the Flyme Auto software from Meizu, a company in Li Shufu's group, without Google services. And since 2025 Polestar has practically stopped selling in China. That is why it matters where the car comes from: a car built for the Chinese market has different software and apps and may have a different warranty and different updates than one sold by Polestar in Europe. Always ask us which version the car you choose is.

Polestar numbers its models in order of appearance, not by size. The Polestar 1 was the plug-in hybrid coupe, the 2 is the mid-size liftback, the 3 the large SUV, the 4 the coupe-SUV, the 5 the large GT sedan, the 6 a planned roadster, and the 7 the upcoming compact SUV. So the Polestar 7 will be smaller than the Polestar 3. "Polestar" means the North Star, and in Chinese the brand is written 极星 (Jíxīng).

The full Polestar lineup and positioning

Polestar is a premium electric brand, with Swedish design and a focus on performance, positioned between Volvo and Porsche. In Europe it competes with Tesla, BMW, Audi and the Porsche Macan Electric, and within the Geely group it sits alongside Zeekr.

The Price level column shows, on a scale of 1 to 4, how expensive the model is: from budget to premium. The European rival column is a reference for size and class; it doesn't mean the cars are the same. The yellow tag marks models in our catalog.

ModelExport nameTypePowertrainPrice levelEuropean rival, for reference
Polestar 2
on sale (built in Taizhou, China); new generation in 2027		Polestar 2Mid-size liftbackEVTesla Model 3, BMW i4
Polestar 3
on sale; production moving entirely to the US		Polestar 3Large SUVEVPorsche Cayenne Electric, BMW iX
Polestar 4 (Coupe) in catalog
on sale (built in Hangzhou Bay, China, and in Busan, South Korea)		Polestar 4Mid-size coupe-SUV, no rear windowEVPorsche Macan Electric, Tesla Model Y
Polestar 4 SUV
launched in September 2026; deliveries from Q4 2026 (built in Busan)		Polestar 4 SUVMid-size SUV/raised wagon, with rear windowEVBMW iX3, Audi Q6 e-tron
Polestar 5
unveiled in September 2025; production from January 2026 (Wuhan and Chongqing, China), deliveries from summer 2026		Polestar 5Large four-door GT sedanEVPorsche Taycan, Audi e-tron GT
Polestar 7
launch in 2028 (built in Košice, Slovakia)		Polestar 7Compact SUVEVVolvo EX40, BMW iX1
Polestar 6
postponed; 2029 at the earliest		Polestar 6Sports roadsterEVPorsche 718 Boxster electric

Related brands

SHAREHOLDER AND PARTNER

Volvo Cars

Owns about 20% of Polestar, builds the Polestar 2 and Polestar 3 for it, and provides its service network in the markets where it sells.

GEELY PREMIUM

Zeekr

Geely Auto's premium electric brand; the Zeekr 001 sits on the same SEA platform as the Polestar 4.

PARENT GROUP

Geely

Geely Holding and its founder, Li Shufu, together own the majority of Polestar; Geely builds the Polestar 4 in China.

GEELY

Lynk & Co

A Geely brand developed together with Volvo, on the CMA platform, the same technical base as the Polestar 2.

The lineup changes several times a year. This list was checked in September 2026. Ask us about a specific model.

Polestar to order

We don't have any Polestar in stock right now, but we bring them to order. Here are some cars we can bring, with the final price in Moldova: shipping, customs and registration included.

Polestar 4 2024, photo from the Auto Outlet listingPolestar 42024 · 55,300 km · Electric · 4x4€27,100To order
All Polestar offers to order 2

Stock changes daily. As of October 5, 2026.

FAQ

Is Polestar a reliable brand?
Polestar is a young brand, with Swedish engineering and strong shareholders: Geely, its founder Li Shufu, and Volvo Cars. The Polestar 4 received five stars in Euro NCAP safety tests in 2025. The weak point is the financial side: the company loses money every year and depends on its shareholders' money. The cars are built in Geely and Volvo plants, most of them in China.
Where can a Polestar be serviced in Moldova?
We did not find an official Polestar representative office or service center in Moldova, nor any Polestar announcement about entering our market. Auto Outlet works with partner service centers in Chișinău that specialize in electric and hybrid cars, and provides support with spare parts. An electric car needs less maintenance than a gasoline one: it has no engine oil, fuel filters or timing belt, and the brakes wear more slowly thanks to regenerative braking.
What is the SEA platform the Polestar 4 is built on?
SEA (Sustainable Experience Architecture) is the Geely group's platform designed from scratch for electric cars. The Polestar 4, Zeekr 001, Zeekr 7X, Volvo EX30 and smart #1 are built on it. For the buyer, this means components produced in large volumes and also used on cars sold in Europe. On the Polestar 4, SEA is the large version, with a wheelbase of almost 3 meters and a 102 kWh battery.
How much does a Polestar cost in Moldova?
from about €27,100

Sources

See the sources (39)
  1. Polestar, Wikipedia: origins in Flash Engineering (1996) and Polestar Racing (2005), takeover by Volvo in 2015, separate brand since 2017, Polestar 1 in Chengdu, shareholding after June 2025, Nasdaq listing, closure of the last store in China, exit from the US, plants by model.
  2. Polestar 4, Wikipedia: built by Geely in Hangzhou Bay (Ningbo) and at Renault Korea in Busan, SEA platform, no rear window, 102 kWh NMC 400 V battery, 200 kW DC, WLTP range, five Euro NCAP stars in 2025, Polestar 4 SUV.
  3. Polestar 5, Wikipedia: PPA platform, bonded aluminum, debut in Munich in 2025, assembly in China.
  4. Polestar 7, Wikipedia: compact SUV, production in Košice (Slovakia) from 2028.
  5. Polestar, 2021 20-F annual report (SEC): 28,677 cars delivered in 2021; Polestar 2 built in Luqiao, a plant bought by Volvo from Geely in December 2021 and renamed Taizhou; Polestar 1 in Chengdu; manufacturing agreement with Geely Hangzhou Bay; Volvo service network.
  6. Volvo Cars: 5 billion yuan investment in Polestar: Polestar becomes a separate electric brand, October 2017.
  7. electrive: Polestar exceeds its 2022 delivery target: about 51,500 cars in 2022, about 29,000 in 2021.
  8. electrive: Polestar delivered 54,600 cars in 2023: 2023 deliveries, first Polestar 4 cars delivered in China.
  9. Polestar: global volumes for Q4 2024: 44,851 cars sold in 2024 (-15%), the new definition: retail sales to end customers.
  10. Polestar: record sales in 2025: 60,119 cars in 2025, +34%.
  11. Investing.com: Polestar grows 34% in 2025: about 15,608 cars in Q4 2025.
  12. Polestar: 2025 financial results (Business Wire, archive): revenue of $3.058B, net loss of $2.357B, impairments of about $1.05B, Polestar 4 coupe the best-selling model, the plan for four new models (5, 4 SUV, new 2, 7).
  13. Polestar: capital structure update (Business Wire, archive): Volvo Cars stays at about 19.9%, loan conversion, March 2026.
  14. Polestar, Schedule 13D/A filed with the SEC on July 2, 2026 (StockTitan): shareholding after the June 30, 2026 conversions: PSD Investment 20.7%, Geely Sweden Automotive Investment 19.6%, Volvo Cars (Snita) 19.9%, Li Shufu 60.5% in total.
  15. Polestar: record sales in 2025 (Form 6-K, SEC): on December 23, 2025, Nasdaq confirmed the return to compliance with the 1-dollar threshold, after the ADS ratio change to 1:30 on December 9, 2025.
  16. Polestar enters the Baltic states (MarketScreener): Estonia, Latvia and Lithuania, the 29th, 30th and 31st markets, June 1, 2026; Europe, 78% of sales in Q1 2026.
  17. Polestar, annual report (investors.polestar.com): Polestar 5 built at Geely's Wuhan plant, with component assembly in Chongqing; production started in January 2026, deliveries from summer 2026.
  18. Carscoops: Polestar 6 delayed: Polestar 6 still planned, but 2029 at the earliest, February 2026.
  19. TechCrunch: the Polestar 4 in China, with a Flyme system: in China the Polestar 4 runs a Flyme-based (Meizu) system, and in Europe and North America a Google system.
  20. Polestar: record sales in the first half of 2026: 30,423 cars in H1 2026, 17,296 in Q2 2026.
  21. Yahoo Finance: Polestar, Q2 2026 results: loss of $842M in H1 2026, $1.2B of new capital, Polestar 4 SUV deliveries from Q4 2026, lowered 2026 forecast.
  22. Polestar: completion of the $640M debt conversion: loans from Geely Sweden and Volvo Cars converted into shares, June 2026.
  23. Polestar: Geely's long-term support: Volvo Cars reduces its stake, Geely becomes a direct shareholder (February 2024).
  24. Volvo Cars: distribution of 62.7% of its Polestar shares: Volvo distributed its Polestar shares to its own shareholders, May 13, 2024.
  25. Volvo Cars: Polestar 3 production concentrated in the US: the Polestar 3 was also built in Chengdu; production moves to Ridgeville, March 31, 2026.
  26. electrive: Polestar faces Nasdaq delisting: stock below 1 dollar since September 2025, the April 29, 2026 deadline, the 13-dollar price at listing.
  27. Nasdaq Trader: Polestar share consolidation: 1-for-30 consolidation of PSNY shares, December 2025.
  28. Polestar: joint venture with Xingji Meizu in China: the 2023 joint venture, Polestar 49%; the Polestar OS system for China, built on Flyme Auto.
  29. Yicai Global: Polestar ends its partnership with Xingji Meizu: end of the joint venture, April 2025.
  30. CarNewsChina: Polestar, 69 cars sold in China in H1 2025: sales in China, a single store left, online sales halted.
  31. CnEVPost: Polestar closes its last store in China: the October 13, 2025 closure, owners' rights remain.
  32. Global China EV: Polestar closes its last store in Shanghai: from 55 stores at the end of 2023 to zero in October 2025.
  33. Guru.today: the Polestar 4 built in Busan: production at Renault Korea from the second half of 2025, for export to the US.
  34. Carscoops: Polestar 4 SUV debut: Polestar 4 SUV with rear window, built in Busan, launched on September 2, 2026 in the UK.
  35. CarNewsChina: Polestar 4 SUV enters markets in Q4 2026: Polestar 4 wagon/SUV, Polestar 5 in 2026, new Polestar 2 in 2027, Polestar 7 in 2028.
  36. CnEVPost: Geely recalls the Polestar 4 in China: 1,473 Polestar 4 cars built between 11/16/2023 and 5/24/2024, battery overheating risk; Geely Auto as manufacturer.
  37. Ars Technica: Polestar can no longer sell in the US from model year 2027: the US authorities' decision of June 2026.
  38. Reuters: Polestar 5 debuts in Munich: debut of the Polestar 5 in September 2025.
  39. Sustainable Experience Architecture, Wikipedia: the SEA platform and the models that use it.

Stock and prices are from the Auto Outlet catalog, October 5, 2026.

Model photos are official manufacturer images (Polestar).

Update history
  • 23.09.2026: first version, with data checked against public sources and prices from the catalog.

Want a Polestar that isn't in the catalog?

We bring it to order from China. We tell you the final price in Moldova before you sign anything.

Request an offerCall: +373 78 577 771
Polestar in Moldova: history, models, prices · AutoOutlet