News📰 Based on 1 sourceLOW
Polestar posts wider Q1 losses
Verdict
This is a developing story.
Geely's Polestar brand maintained nearly constant revenue in the first quarter of 2026 compared to the same period last year, but its net loss more than doubled compared to Q1 2025. CEO Michael Lohscheller aims to reduce costs and expand the dealer network in preparation for upcoming model launches.
- Geely's Polestar brand maintained nearly constant revenue in the first quarter of 2026 compared to the same period last year, but its net loss more than doubled compared to Q1 2025.
- CEO Michael Lohscheller aims to reduce costs and expand the dealer network in preparation for upcoming model launches.
Source Analysis
⚠️ Single-source story — treat as developing