Polestar Q2 Net Loss $1.03 Bln

Sept 3 (Reuters) - Polestar Automotive Holding Uk Plc A4N1y.F:

• POLESTAR Q2 REVENUE $791 MILLION

• POLESTAR Q2 NET LOSS $1.03 BILLION

• POLESTAR H1 COST OF SALES HIGHER PRIMARILY DUE TO NON-CASH IMPAIRMENT EXPENSE ON POLESTAR 3 OF $739 MILLION

• POLESTAR Q2 GROSS MARGIN NEGATIVE 97.2%; Q2 ADJUSTED GROSS MARGIN NEGATIVE 5.7%

• POLESTAR: CONTINUES TO TARGET COMPOUND ANNUAL RETAIL SALES VOLUME GROWTH OF 30-35% OVER 2025-2027

• POLESTAR: ASSESSING IMPACT OF INTERNATIONAL TARIFFS, POLICY AND REGULATORY CHANGES AND EVOLVING MARKET DYNAMICS

• POLESTAR H1 SALES OF CARBON CREDITS $72 MILLION VERSUS $0.04 MILLION A YEAR EARLIER

• POLESTAR: LOOKING FOR FURTHER COOPERATION, ESPECIALLY WITH VOLVO CARS

• POLESTAR: CASH POSITION OF $719 MILLION AS OF QUARTER END