Polestar Annual Sustainability Report announces a 25% cut in emissions per sold car
Polestar Automotive Holding UK Limited - Class A ADS (PSNY)
Company Research
Source: Business Wire
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (NASDAQ: PSNY) has published its fourth Annual Sustainability report, announcing significant GHG reductions, updates on the Polestar 0 project and a continued quest for increased transparency and more sustainable materials. Since the Company started measuring in 2020, Polestar has reduced its carbon footprint per sold car with a quarter (24.7%). The most significant contributing factors to this achievement include an increased use of low-carbon aluminium in all models, improvements in battery manufacturing, 100% renewable electricity in the manufacture of all models and more efficient logistics combined with increased use of biofuels on certain ocean routes.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250415913143/en/Michael LohschellerMichael Lohscheller, Polestar CEO, says: “Polestar has shown that it is possible to decouple growth from climate impact. In simple terms, w
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