v3.26.1
Geographic Information
 12 Months Ended
Dec. 31, 2025
Geographical Areas [Abstract]  
Geographic Information
Note 5 - Geographic information
Polestar Group determined it has one reportable segment as the chief operating decision maker ("CODM") assesses financial information and the performance of the business on a consolidated basis. The Group manages its business as a single operating segment, which is the business of commercializing and selling battery electric vehicles and related technologies. All substantial decisions regarding allocation of resources as well as the assessment of performance is based on the Group as a whole.
Polestar Group uses the "management approach" in determining reportable operating segments. The management approach considers the internal organization and reporting used by the Group's CODM to allocate resources and assess performance as the source for determining the Group's reportable segments. Polestar Group's CODM has been identified as the Chief Executive Officer ("CEO") as he assesses the performance of the Group and has the function and sole ability to make overall decisions related to the allocation of the Group's resources. Polestar Group allocates resources and assesses financial performance on a consolidated basis.
The following table show the breakdown of Polestar Group's revenue from external customers by geographical location where the Polestar company recognizing the revenue is located:
For the year ended December 31,
202520242023
United Kingdom784,301 401,790 529,372 
Sweden632,670 353,590 272,891 
Germany227,115 156,361 242,923 
Norway195,218 112,958 92,688 
United States173,446 219,888 388,080 
Belgium151,980 123,254 111,829 
Netherlands145,712 99,848 98,351 
Korea128,338 32,279 59,809 
Australia105,174 61,691 103,288 
Denmark98,841 91,375 95,234 
Finland76,312 46,215 45,567 
Switzerland64,336 43,259 42,611 
Canada59,447 77,023 129,209 
Spain43,923 29,501 21,594 
China43,748 74,373 26,216 
Austria37,333 35,583 33,898 
Italy31,167 16,988 35,244 
Portugal28,028 15,372 12,497 
Other countries1
31,020 42,913 26,784 
Total3,058,109 2,034,261 2,368,085 
1 - Other countries primarily consist of Luxembourg, France, Ireland and Singapore for the year ended December 31, 2025, Luxembourg, Ireland and Singapore for the year ended December 31, 2024, and Ireland, Luxembourg and Singapore for the year ended December 31, 2023.
The non-current assets (consisting of PPE, vehicles under operating leases, and intangibles and goodwill), by geographical location are presented below.
As of December 31,
20252024
Non-current assets1
Sweden534,387 1,015,649 
China273,945 417,070 
Korea109,934 257 
USA68,854 84,211 
United Kingdom43,383 63,738 
Germany32,140 11,837 
Other countries2
31,211 41,967 
Total1,093,854 1,634,729 
1 - Excludes Deferred tax assets and Other assets.
2 - Primarily consist of Australia, Switzerland and Belgium as of December 31, 2025 and Australia, Belgium and Netherlands as of December 31, 2024.