Geely Automobile Holdings Ltd.-backed (OTC:GELYF) (OTC:GELHY) Polestar Automotive Holding U.K. PLC (NASDAQ:PSNY) announced on Wednesday that it plans to introduce four new electric vehicles over the next three years, broadening its product portfolio as it targets higher-volume EV segments and seeks to improve operating performance.



<ul>
<li>Polestar Automotive stock is surging to new heights today. Why is PSNY stock up today?</li>
</ul>



This announcement is part of a broader strategy to enhance its market position as the electric vehicle sector continues to gain traction, with the company aiming to redefine standards in design and sustainability as it competes in a rapidly evolving market.



Polestar has initiated its largest model offensive in history, unveiling plans to introduce four new cars between 2026 and 2028.



Michael Lohscheller, Polestar CEO, on Wednesday commented, “Following our best sales year ever, we are now launching the largest model offensive in our history, with four premium EVs coming to market within three years. We are targeting the heart of the EV market, where customer demand and profit pools are high. Combined with our continued retail sales network expansion and a growing customer base, we are setting the foundations for profitable growth and operational improvement.”



<h2>Electric Vehicle Lineup Expected By 2028</h2>



<ul>
<li>Polestar 5 – The four-door Grand Tourer (GT) presented in 2025, with deliveries expected from summer 2026.</li>



<li>Polestar 4 – New variant of Polestar’s current best-seller based on the same technology, targeting a wider customer base by offering more versatility. To be launched later this year, with deliveries expected to start in the fourth quarter of 2026.</li>



<li>Polestar 2 – The next generation of the sedan that built Polestar’s brand, a completely new successor with a planned launch early in 2027.</li>



<li>Polestar 7 – The compact, premium SUV, planned to be launched in 2028.</li>
</ul>



<h2>Financial Performance</h2>



Despite a challenging geopolitical and economic environment, Polestar delivered its best year ever in terms of retail sales in 2025.



Retail sales amounted to an estimated 15,608 cars in the fourth quarter of 2025, up 27% year over year. For 2025, retail sales totaled approximately 60,119 cars, a growth of 34%.



In 2026, with a disciplined approach, the company expects to deliver low double-digit retail volume growth.



The sales mix is expected to continue to evolve with an increasing share of Polestar 4.



Further, Polestar aims to focus more on the retail channel expansion of 30%.



Earlier in February, Polestar secured over $400 million in funding through a Special Purpose Vehicle.



<h2>Technical Analysis</h2>



The stock is currently trading 11.76% above its 20-day simple moving average (SMA) and 7.47% below its 100-day SMA, suggesting some short-term strength but longer-term challenges. Shares have decreased 49.97% over the past 12 months and are currently positioned closer to their 52-week lows than highs.



The RSI is at 46.80, which is considered neutral territory, indicating no strong momentum in either direction. Meanwhile, MACD is above its signal line, suggesting bullish momentum may be building.



The combination of neutral RSI and bullish MACD suggests mixed momentum, indicating potential for upward movement if market conditions remain favorable.



<ul>
<li>Key Resistance: $20.50</li>



<li>Key Support: $17.00</li>
</ul>



<h2>Earnings &amp; Analyst Outlook</h2>



Polestar is slated to provide its next financial update on March 15, 2026.



<ul>
<li>EPS Estimate: -1342 cents (Up from -2910 cents)</li>



<li>Revenue Estimate: $2.99 Billion (Up from $2.03 Billion)</li>
</ul>



Analyst Consensus &amp; Recent Actions: The stock carries a Hold Rating with an average price target of $102.69. Recent analyst moves include:



<ul>
<li>Barclays: Underweight (Raises Target to $15.00) (January 23)</li>



<li>Cantor Fitzgerald: Neutral (September 4, 2025)</li>
</ul>



<h2>Benzinga Edge Rankings</h2>



Below is the Benzinga Edge scorecard for Gores Guggenheim, highlighting its strengths and weaknesses compared to the broader market:



<ul>
<li>Momentum: 3.55 — Stock is underperforming the broader market.</li>
</ul>



The Verdict: Gores Guggenheim’s Benzinga Edge signal reveals a classic ‘High-Flyer’ setup. While the Momentum (3.55) indicates underperformance, the company’s strategic moves in the EV space suggest potential for recovery.



<h2>Top ETF Exposure</h2>



<ul>
<li>SPDR S&amp;P Kensho Smart Mobility ETF (NYSE:HAIL): 1.85% Weight</li>
</ul>



PSNY Price Action: Polestar Automotive shares were up 13.03% at $19.00 during premarket trading on Wednesday, according to Benzinga Pro data.



Photo via Shutterstock

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Polestar Automotive, backed by Geely, announced its largest model offensive, introducing four new electric vehicles (EVs) by 2028 to enhance its market position. The models include Polestar 5, 4, 2, and 7, targeting high-demand EV segments. Despite a challenging environment, Polestar achieved record retail sales in 2025, with a 34% growth. The stock surged 13.03% to $19.00 in premarket trading, reflecting positive market sentiment. Analysts maintain a Hold rating with a price target of $102.69, indicating potential for recovery amid mixed momentum signals.

- Polestar Automotive Holding U.K. PLC announced plans to launch four new electric vehicles by 2028, enhancing its product lineup in a competitive EV market.  
- The company achieved record retail sales in 2025, with a 34% growth, and aims for continued expansion and operational improvement.  
- Despite current stock volatility, analysts have set a hold rating with a price target of $102.69, while future financial updates are anticipated on March 15, 2026.

Polestar Unleashes Its Biggest EV Blitz Yet