Swedish EV firm Polestar falls on wider quarterly loss

Polestar Automotive Holding Uk

03/09/2025 14:41

Updates

** Shares of Swedish EV company Polestar PSNY.O fall 8.7% to $1.22 in morning trading

** PSNY posts net loss of $1.03 billion for the quarter ended June 30 vs loss of $268 million a year earlier

** Co says Q2 revenue grew around 37% to $791 million

** As of last close, PSNY up nearly 27% this year

(Reporting by Jaspreet Singh in Bengaluru)

((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))