Who Owns Polestar?
Updated onExplore the ownership hierarchy of Polestar. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Polestar
Polestar is a publicly traded Swedish electric performance car company that designs and sells premium battery-electric vehicles worldwide.
Starts at $56,400
Geely Sweden Holdings AB
Geely Sweden Holdings AB is the European holding company of Zhejiang Geely Holding Group, managing a portfolio of automotive and financial sector investments in the Nordic region from Gothenburg, Sweden.
Zhejiang Geely Holding Group
Zhejiang Geely Holding Group is a privately held Chinese multinational automotive and mobility technology conglomerate headquartered in Hangzhou that owns brands including Geely Auto, Volvo Cars, Polestar, and Lotus.
Polestar
Polestar is a publicly traded Swedish electric performance car company that designs and sells premium battery-electric vehicles worldwide.
Starts at $56,400
Geely Sweden Holdings AB
Geely Sweden Holdings AB is the European holding company of Zhejiang Geely Holding Group, managing a portfolio of automotive and financial sector investments in the Nordic region from Gothenburg, Sweden.
Zhejiang Geely Holding Group
Zhejiang Geely Holding Group is a privately held Chinese multinational automotive and mobility technology conglomerate headquartered in Hangzhou that owns brands including Geely Auto, Volvo Cars, Polestar, and Lotus.
Major Shareholders
Polestar
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
Geely Sweden Holdings AB Wholly owned subsidiary of Zhejiang Geely Holding Group and a direct shareholder of Polestar Automotive Holding UK PLC. Together with affiliated Shanghai Geely Zhaoyuan International Investment Co. Ltd., it is reported in Schedule 13D/A ownership filings around June–July 2025 as holding roughly 42% of Polestar’s outstanding ordinary shares. | Corporate | 42.3% | Jun 2025 |
PSD Investment Limited British Virgin Islands investment vehicle ultimately controlled by Eric (Shufu) Li, founder and chairman of Geely Holding Group. Following the June 16, 2025 USD 200 million PIPE transaction into Polestar, Schedule 13D/A filings attribute to PSD Investment (together with affiliated PSD Capital Limited) beneficial ownership of approximately 39% of Polestar’s ordinary shares. | Corporate | 39.1% | Jun 2025 |
Volvo Car Corporation (Volvo Car AB group) Swedish automaker and former majority owner of Polestar. After Volvo Cars’ 2024 distribution of most of its Polestar shares to its own shareholders, Volvo retained a minority direct holding in Polestar. A Schedule 13D/A filed July 24, 2025, for an event dated July 22, 2025, reports Volvo Car Corporation and its holding entities (including Volvo Car AB and Snita Holding B.V.) as beneficial owners of about 380 million Polestar shares, corresponding to roughly 16.5% of the outstanding class at that time. | Corporate | 16.5% | Jul 2025 |
Geely Sweden Holdings AB
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
Shanghai Geely Zhaoyuan International Investment Co., Ltd. According to Swedish company registries and Geely Sweden Holdings AB’s own annual-report disclosures, Geely Sweden Holdings AB (org. no. 556810-9010) is a wholly owned subsidiary of Shanghai Geely Zhaoyuan International Investment Co., Ltd., which is ultimately controlled by Zhejiang Geely Holding Group Co., Ltd. | Corporate | 100.0% | 100.0% | Dec 2025 |
Zhejiang Geely Holding Group
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
Li Shufu (李书福) Founder, chairman, and controlling shareholder of Zhejiang Geely Holding Group. Chinese corporate registry and 2024–2025 filings show Li Shufu holding approximately 82.23% of the registered capital of 浙江吉利控股集团有限公司. | Founder | 82.2% | Dec 2025 |
Ningbo Yima Enterprise Management Partnership (Limited Partnership) (宁波翊马企业管理合伙企业（有限合伙)) Limited partnership investor in Zhejiang Geely Holding Group. Chinese corporate-credit databases and the company’s 2024 half-year financial statement disclose Ningbo Yima holding about 9.71% of Zhejiang Geely Holding Group’s registered capital. | Corporate | 9.7% | Dec 2025 |
Li Xingxing (李星星) Individual shareholder of Zhejiang Geely Holding Group, commonly identified as a member of the founding family’s leadership in earlier Geely businesses. Registry and financial-statement disclosures show Li Xingxing holding roughly 8.06% of the company’s registered capital following the 2021 capital increase. | Individual | 8.1% | Dec 2025 |
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