v3.26.1
Loans and borrowings - Narrative (Details)
$ / shares in Units, $ in Thousands, € in Millions
 12 Months Ended
Dec. 19, 2025
USD ($)
$ / shares
Dec. 16, 2025
USD ($)
Dec. 08, 2023
USD ($)
Dec. 31, 2025
USD ($)
unit
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2025
EUR (€)
Aug. 31, 2025
USD ($)
Mar. 01, 2024
Nov. 08, 2023
USD ($)
Nov. 03, 2022
USD ($)
Disclosure of detailed information about borrowings [line items]                      
Borrowings, covenant compliance, liability to asset ratio       300.00%              
Borrowings, covenant compliance, retail sales volume | unit       30,000              
Borrowings, covenant compliance, claim repayment, percentage of outstanding borrowings       25.00%              
Borrowings       $ 6,359,905 $ 4,938,901 $ 3,453,279          
Proceeds from long-term loans and borrowings       191,322 938,474 [1] 1,381,738 [1]          
Revenue       3,058,109 2,034,261 [2] 2,368,085 [2]          
Proceeds from sale of property, plant and equipment       5,017 33 [1] 1,779 [1]          
Property, plant and equipment       292,993 537,743 [3]            
Debt modification         283            
Financial assets       $ 1,622,722 1,021,266            
Geely | PS3 Tooling and Equipment                      
Disclosure of detailed information about borrowings [line items]                      
Proceeds from sale of property, plant and equipment     $ 156,056                
Property, plant and equipment     149,470                
Future changes or modifications cost     $ 6,586                
Other financing instruments, production lifecycle period (in years)       6 years     6 years   7 years    
Obligation recognized         131,737            
Significant unobservable input, assets     0.052                
Other equity interest     $ 25,565                
Other financing instruments, repayment period (in years)       6 years     6 years   7 years    
Credit Facility Agreement With Volvo Cars                      
Disclosure of detailed information about borrowings [line items]                      
Borrowing facilities, maximum borrowing capacity                     $ 800
Borrowings, adjustment to interest rate basis                     4.97%
Borrowings, capital raise minimum                     $ 350
Borrowings       $ 1,000 1,000            
Financial liabilities at fair value through profit or loss       0 0            
Credit Facility Agreements With Geely                      
Disclosure of detailed information about borrowings [line items]                      
Borrowing facilities, maximum borrowing capacity                   $ 250  
Borrowings, adjustment to interest rate basis                   4.97%  
Borrowings       250 250            
Financial liabilities at fair value through profit or loss       0 0            
Amount of debt converted to equity $ 300,000                    
Accrued interest conversion price (in dollars per share) | $ / shares $ 19.34                    
Subordinated Credit Facility Agreement With Geely Entity                      
Disclosure of detailed information about borrowings [line items]                      
Borrowing facilities, maximum borrowing capacity   $ 600                  
Subordinated Credit Facility Agreement With Geely Entity, Drawdown 1                      
Disclosure of detailed information about borrowings [line items]                      
Borrowing facilities, maximum borrowing capacity   $ 300                  
Borrowings, adjustment to interest rate basis   3.00%                  
Proceeds from long-term loans and borrowings   $ 300                  
Subordinated Credit Facility Agreement With Geely Entity, Drawdown 2                      
Disclosure of detailed information about borrowings [line items]                      
Borrowing facilities, maximum borrowing capacity   $ 300                  
Club Loan                      
Disclosure of detailed information about borrowings [line items]                      
Borrowings       $ 977,236 $ 927,235            
Debt to asset ratio covenant       1.40 0.85            
Minimum revenue covenany       $ 3,000,000 $ 7,144,900            
Debt to asset ratio       1.37              
Club Loan | Minimum                      
Disclosure of detailed information about borrowings [line items]                      
Quarterly cash level covenant | €             € 400.0        
Club Loan | Maximum                      
Disclosure of detailed information about borrowings [line items]                      
Quarterly cash level covenant       $ 5,500,000              
Borrowing collateralized with tooling                      
Disclosure of detailed information about borrowings [line items]                      
Borrowings       333,696 124,878 $ 131,737          
Debt modification         (2,478)            
Asset Transfer Agreement | Geely                      
Disclosure of detailed information about borrowings [line items]                      
Borrowings       148,000       $ 75,700      
Asset Transfer Agreement | Loans and receivables                      
Disclosure of detailed information about borrowings [line items]                      
Financial assets       68,974              
Asset Transfer Agreement, PS3 Tooling and Equipment | Loans and receivables                      
Disclosure of detailed information about borrowings [line items]                      
Financial assets       112,843 124,878            
Asset Transfer Agreement, PS5 Tooling and Equipment | Loans and receivables                      
Disclosure of detailed information about borrowings [line items]                      
Financial assets       151,879              
Market RCFs                      
Disclosure of detailed information about borrowings [line items]                      
Borrowings       83,283 89,744            
Borrowings, average amount outstanding       5,900 8,160            
Market RCFs | Volvo Cars                      
Disclosure of detailed information about borrowings [line items]                      
Borrowings       $ 65,625 $ 55,344            
Market RCFs | Minimum | Volvo Cars                      
Disclosure of detailed information about borrowings [line items]                      
Interest rate       2.00%     2.00%        
Market RCFs | Maximum | Volvo Cars                      
Disclosure of detailed information about borrowings [line items]                      
Interest rate       2.50%     2.50%        
[1] Certain figures and descriptions were re-presented (see Voluntary re-presentation from previous year in Note 2 - Material accounting policies and use of significant judgements and estimates).
[2] Certain figures and descriptions were re-presented (see Voluntary re-presentation from previous year in Note 2 - Material accounting policies and use of significant judgements and estimates).
[3] Certain figures and descriptions were re-presented (see Voluntary re-presentation from previous year in Note 2 - Material accounting policies and use of significant judgements and estimates).