Is Polestar Chinese? Yes
Facts checked Ownership as of June 2025
Yes
Polestar is Chinese-owned. As of June 2025 Li Shufu's PSD Investment held 44%, Geely Holding 22%, Volvo Cars 16% and the public 18%; Volvo Cars distributed 62.7% of its former holding to its own shareholders in 2024, which moved control squarely to Geely entities. The company is headquartered in Gothenburg and listed on Nasdaq as PSNY since 24 June 2022; its cars are built in China, the United States and South Korea.
Chinese holding: 66% as of June 2025.
The chain
| Step | Entity | Kind | Origin |
|---|---|---|---|
| 1 | Li Shufu | person | CN |
| 2 | Geely Holding | group | CN |
| 3 | Polestar | brand | SE |
Holding by holding
Li Shufu owns Polestar at 55.2% since 2017.
Polestar's 2025 annual report attributes 79,981,976 shares, about 55.2%, to Li Shufu as beneficial owner. The total combines PSD Investment Limited, Snita Holding (Volvo Cars), Geely Sweden Automotive Investment B.V., Northpole GLY 1 LP and GLY New Mobility 1. LP, because voting and disposal decisions over all of them are ultimately his. Figures are as at 31 December 2025.
Is Polestar Chinese: the short answers
- Is Polestar Chinese?
- Yes. Polestar is Chinese-owned. As of June 2025 Li Shufu's PSD Investment held 44%, Geely Holding 22%, Volvo Cars 16% and the public 18%; Volvo Cars distributed 62.7% of its former holding to its own shareholders in 2024, which moved control squarely to Geely entities. The company is headquartered in Gothenburg and listed on Nasdaq as PSNY since 24 June 2022; its cars are built in China, the United States and South Korea.
- How much of Polestar is Chinese-owned?
- 66%, as of June 2025.
- Who owns Polestar?
- Li Shufu sits at the top of the recorded chain. The ownership page sets out every step with its stake and date.
Related
Sources for this answer
- Wikipedia, Polestar. Read . June 2025 ownership split, Nasdaq listing date, and the plants for Polestar 2, 3 and 4.
- Volvo Car AB, Volvo Cars to propose a distribution of 62.7 percent of its shareholding in Polestar. Read . The 2024 distribution; the release refused an automated fetch and was read through the search index.