Polestar Sets the Date for H1 2025 Results

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Polestar Sets the Date for H1 2025 Results

2025-08-29 18:59 Last Updated At：19:10

GOTHENBURG, Sweden--(BUSINESS WIRE)--Aug 29, 2025--

Polestar (Nasdaq: PSNY) expects to publish H1 2025 unaudited financial results on 3 September 2025, before market open. Management will host a conference call at 14:00 Central European Time (08:00 US Eastern Time) the same day, accessible via the Polestar Investor Relations website.

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About Polestar

Polestar (Nasdaq: PSNY) is the Swedish electric performance car brand with a focus on uncompromised design and innovation, and the ambition to accelerate the change towards a sustainable future. Headquartered in Gothenburg, Sweden, its cars are available in 28 markets globally across North America, Europe and Asia Pacific.

Polestar has three models in its line-up: Polestar 2, Polestar 3, and Polestar 4. Planned models include the Polestar 5 four-door GT (to be introduced in 2025), the Polestar 6 roadster and the Polestar 7 compact SUV (to be introduced in 2028). With its vehicles currently manufactured on two continents, North America and Asia, Polestar is diversifying its manufacturing footprint further, with production of Polestar 7 planned in Europe.

Polestar has an unwavering commitment to sustainability and has set an ambitious roadmap to reach its climate targets: halve greenhouse gas emissions by 2030 per-vehicle-sold and become climate-neutral across its value chain by 2040. Polestar’s comprehensive sustainability strategy covers the four areas of Climate, Transparency, Circularity, and Inclusion.

Forward-looking statements

This press release contains statements that are not historical facts, but rather forward-looking statements within the meaning of Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Polestar or its management believes or anticipates may occur in the future. All forward-looking statements are based upon, as applicable, our current expectations, various assumptions and data available from third parties. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements, including those risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in Polestar’s Form 20-F, and other documents filed, or to be filed, with the U.S. Securities and Exchange Commission by Polestar. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update publicly or revise any such statements in light of new information or future events, except as required by law.

Bazball revolution falters for England in the Ashes, but it's not the end of the system

The architects of the Bazball revolution that England aimed to use to summit test cricket have conceded the preparation wasn't quite right for the Ashes. That's not to say the strategy will be shelved.

After arriving on Australian shores with great expectations, coach Brendon McCullum and captain Ben Stokes were intent on imposing the attack-at-all-costs strategy on the contest for the oldest trophy in cricket.

After just one warmup game — an internal trial against the second-string England lineup — it quickly backfired.

Relying on a pragmatic, conventional approach to the game and long experience of the conditions, Australia retained the Ashes on Sunday with two matches remaining.

“Retrospectively, we lost 3-0 so you would probably say there was room for change there," McCullum told British broadcaster TNT Sport in terms of the preparations. “You put your hand up as a coach and say you might not have got that right.”

After England lost the first two tests by eight wickets, McCullum decided the squad had overdone it in training between the outings in Perth and Brisbane and decided to give the players a break at Noosa, one of Australia's premier beach resort villages.

The rest and relaxation did improve one statistic — in Adelaide England made it to Day 5 of a test for the first time on tour.

McCullum had been building for the Ashes series for years but hasn't yet been able to break the long drought in Australia extending back to 2011.

“We came here with high hopes, high ambitions and lofty goals,” he said. “And we’ve been outplayed across three test matches.”

The Bazball strategy was suspended late in Brisbane when Stokes played a conservative hand in trying to save the day-night test. In the last two days in Adelaide, with some glaring expectations, the batters at least tried to grit it out at the crease rather than hit the ball out of the ground every over.

“The last two days have been our best cricket, and that's because we've just played,” McCullum said. “The previous nine days, we were so caught up and so driven to achieve something and succeed that we've almost got in our own way and we've stymied our talent and our skill and our ability.”

McCullum said there were lessons to be taken from the differences in the contest in the third test.

“There's a lesson not just for the players. There's a lesson for the coach and the coaching staff,” he said. "Preparation, that'll be something that's questioned.

“But we do have a great opportunity in the next two tests. We need to find something out of this tour. We need to play for pride.”

England's bowling attack hasn't so far got its line and length right consistently on the hard, bouncy Australian wickets. Top-order batters have given away their wickets with poor shot selection — often attacking when conditions called for defense. There were too many catches put down, whereas Australia's catching has at times been exceptional.

Under Stokes and McCullum, whose nickname is “Baz,” England played an entertaining brand of cricket that earned the label “Bazball” that turned around the fortunes of England’s test team. But it has divided critics.

McCullum said some players had gone off script in the heat of the moment.

“I did think we were rock hard in our belief of the style we were going to play when we came down here, knowing that we were going to be challenged,” he said, “but I do think we got a little bit stuck.”

Stokes said there'd be no “restricting people’s mindset” in terms of how they believe they can succeed for the team.

“You never want to take away their ability to go out and score their runs in the way they feel is best going to suit them,” the England skipper said. "But then, marrying the skills and the ability that they have with the mentality that it takes to be successful as an international sportsman.

“You put those two together and I know that we’ve got a very, very exciting test team."

AP cricket: https://apnews.com/hub/cricket