Polestar Automotive Holding UK PLC (PSNY) proves an investment of $ 200 million to accelerate EV expansion

We recently collected a list of 10 best low -cost shares to buy less than $ 50. Polestar Automotive Holding UK PLC first is placed in our list.

Polestar Automotive Holding UK PLC (NASDAQ: Psny) leads our list for being one of Cheap stocks for purchase. It is a Swedish company EV founded in 2017 and focuses on producing electric cars for the distinctive battery with a strong focus on innovation and sustainability. Its product composition includes Polestar 2 Sedan, Polstar 3 and 4 SUVS, Polestar 5 Grand-Touping Sedan, and Polestar 6 Roadster.

As of mid -2015, Polestar Automotive Holding UK PLC (NASDAQ: PSNY) offered a strong operational momentum and strategically expanding. In the second quarter of 2025, the company reported about 18,049 cars, which represents an increase of 38 % on an annual basis. Sales increased in the first half of 2025 by 51 % compared to the same period in 2024, driven by an increase in the demand for consumer and the penetration of the market. In the first quarter of 2025, sales increased by 76 % on an annual basis, with total margins turning to 7 % positive, with the help of a favorable sales mix and cost control.

To support future growth, the company is working to expand its manufacturing capabilities through a strategic partnership with Volvo cars. The upcoming Polestar 7 will be manufactured, which is the distinctive compact SUV that is launched in 2028, in Kosice, Slovakia. This decision enhances the company’s production capacity, enhances the infrastructure of Volvo, and enhances its location in the competitive electrical SUV market.

A fleet of electric light vehicles reheats their batteries in a parking lot.

In addition, the company has obtained an investment in stocks worth $ 200 million from PSD Investment Limited, associated with Geely founder, which enhances its financial position to expand the scope of operations and launch new models. While the Polestar Automotive Holding UK PLC (NASDAQ: PSNY) appears the promise, it should continue to face the model starting challenges of EV, including managing the cost structure and cash flow improvements.

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