Who owns Polestar?
Polestar is owned by Geely (China), which has owned the brand since 1 October 2017.[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Zhejiang Geely Holding Group — about us. Last checked .
Key facts
- Current owner
- Zhejiang Geely Holding Group reported
- Owned since
- Owner HQ
- 🇨🇳 China, Hangzhou
- Origin
- 🇸🇪 Sweden
- Founded
- 1996
- Category
- Automotive › Cars › Electric vehicles
- Last verified
- · 1 sources
About Polestar
Polestar was Volvo's racing partner and tuning arm before being spun out in 2017 as a separate electric brand. It is listed in New York while being owned from China and engineered in Sweden, which is a fairly typical modern arrangement.
Ownership timeline of Polestar
Where Polestar sits in Geely
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Geely ownership tree →
See the full Geely brand portfolio (5) →
Other brands owned by Geely
Geely controls 5 brands on Brandtree, 5 of them in automotive.
Also in automotive
- Geely Auto (1997)
- Lotus (1948)
- Lynk & Co (2016)
- Volvo Cars (1927)
Other brands in electric vehicles, and who owns them
The 23 brands in electric vehicles on Brandtree belong to 15 owners. The largest is NIO, with 3.
About the owner: Geely
Geely is a privately held company headquartered in Hangzhou, China, founded in 1986. Brandtree records 5 brands under its control.
Geely began making refrigerator parts in 1986 and became the Chinese carmaker with the deepest foreign holdings, owning Volvo Cars outright and holding stakes in Mercedes-Benz and Aston Martin. Almost none of the drivers of its European brands know it exists.
🇸🇪 Polestar and other Swedish brands
Brandtree records a controlling owner for 117 brands that began in Sweden. 53 of them (45%) are now controlled by a company headquartered in another country, Polestar among them.
- & Other Stories — H&M Group 🇸🇪
- AXA — Lantmännen 🇸🇪
- Absolut — Pernod Ricard 🇫🇷
- Acast — Acast 🇸🇪
- Aftonbladet — Schibsted Media 🇳🇴
- Ahlgrens bilar — Cloetta 🇸🇪
Frequently asked questions
Who is the parent company of Polestar?
The parent company of Polestar is Geely, a privately held company headquartered in China.
Is Polestar Swedish or Chinese?
Polestar originated in Sweden in 1996, but it is owned today by Geely, which is headquartered in China. So Polestar is a Swedish-origin brand under Chinese ownership.
Since when has Geely owned Polestar?
Geely has owned Polestar since 1 October 2017.
Is Polestar still owned by Geely?
Yes. As of 16 September 2026, Polestar is still owned by Geely. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Zhejiang Geely Holding Group — about us — Zhejiang Geely Holding Group, Official document; retrieved 16 September 2026.
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