Please wait



Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox not checked   Rule 13d-1(c)
Checkbox not checked   Rule 13d-1(d)


SCHEDULE 13D/A 0001965905 XXXXXXXX LIVE 6 Class A American Depositary Shares, Class A Ordinary Shares, par value $0.01 each 06/16/2025 false 0001884082 731105201 Polestar Automotive Holding UK PLC Assar Gabrielssons Vag 9 Gothenburg V7 405 31 Zhejiang Geely Holding Group 86 (571) 2809 8282 1760 Jiangling Road Binjiang District Hangzhou F4 310051 0001965905 N Eric Li WC OO N F4 2174078476.00 0.00 1725045301.00 0.00 1725045301.00 N 81.4 IN 0001936654 N Volvo Car Corporation WC OO N V7 380322995.00 0.00 380322995.00 0.00 380322995.00 N 17.9 CO Y PSD Investment Limited OO N D8 1277046912.00 0.00 828013737.00 0.00 828013737.00 N 39.1 CO Y PSD Capital Limited OO N D8 1277046912.00 0.00 828013737.00 0.00 828013737.00 N 39.1 CO Y Snita Holding B.V. AF OO N P7 380322995.00 0.00 380322995.00 0.00 380322995.00 N 17.9 CO 0001899294 N Volvo Car AB WC OO N V7 380322995.00 0.00 0.00 380322995.00 380322995.00 N 17.9 CO Y Geely Sweden Holdings AB WC OO N V7 897031564.00 0.00 897031564.00 0.00 897031564.00 N 42.3 CO Y Shanghai Geely Zhaoyuan International Investment Co., Ltd WC OO N F4 897031564.00 0.00 897031564.00 0.00 897031564.00 N 42.3 CO Y Beijing Geely Wanyuan International Investment Co., Ltd WC OO N F4 897031564.00 0.00 897031564.00 0.00 897031564.00 N 42.3 CO Y Beijing Geely Kaisheng International Investment Co., Ltd WC OO N F4 897031564.00 0.00 897031564.00 0.00 897031564.00 N 42.3 CO Y Zhejiang Geely Holding Group Company Limited WC OO N F4 897031564.00 0.00 897031564.00 0.00 897031564.00 N 42.3 CO Y Geely Sweden Automative Investment B.V. WC OO N P7 502156334.00 0.00 502156334.00 0.00 502156334.00 N 23.7 CO Class A American Depositary Shares, Class A Ordinary Shares, par value $0.01 each Polestar Automotive Holding UK PLC Assar Gabrielssons Vag 9 Gothenburg V7 405 31 This Amendment No. 6 to Schedule 13D ("Amendment No. 6") amends and supplements the Statement on Schedule 13D filed with the United States Securities and Exchange Commission on July 7, 2022 (as amended to date, the "Statement"), relating to Class A ordinary shares, par value $0.01 per share (the "Class A Shares") of Polestar Automotive Holding UK PLC, a limited company incorporated under the laws of England and Wales (the "Issuer"). Capitalized terms used herein without definition shall have the meaning set forth in the Statement. Item 2 of the Statement is hereby amended and supplemented by inserting the following: The information contained in Schedule 1-A to this Statement is incorporated herein by reference. See Item 2(a) See Item 2(a) See Item 2(a) See Item 2(a) See Item 2(a) Item 4 of the Statement is hereby amended and supplemented by inserting the following: Purchase Agreement On June 16, 2025, PSD Investment Limited entered into a purchase agreement (the "Purchase Agreement") with the Issuer, pursuant to which the Issuer agreed to sell 190,476,190 Class A American Depositary Shares (the "Class A ADS shares") to PSD Investment Limited for an aggregate purchase price of $200,000,000 through a private investment in public equity ("PIPE"). The price per Class A ADS to be purchased at the closing will be $1.05, equal to the volume weighted average closing sale price of one Class A ADS as reported by NASDAQ for the 5 trading days immediately preceding the date of the Purchase Agreement. PSD Investment Limited and the Issuer will enter into a registration rights agreement to grant PSD Investment Limited customary registration rights with respect to the Class A ADSs that will be received pursuant to the Purchase Agreement. Additionally, PSD Investment Limited has notified the Issuer that it intends to convert 20,000,000 Class B ADS shares into Class A ADS shares as soon as practicable (the "Conversion") to ensure PSD Investment Limited's voting power remains below 50%. The closing of the PIPE is expected to occur one business day following PSD Investment Limited's notification to the Issuer that the Conversion has been completed, or another date as mutually agreed to by the parties. The foregoing description of the Purchase Agreement does not purport to be complete and is qualified in its entirety by the full text of the agreement, which is included as an exhibit to this Schedule 13D and is incorporated herein by reference. Item 5(a) of the Statement is hereby amended and restated in its entirety as follows: The information contained on the cover pages to this Statement is incorporated herein by reference. The percentages of beneficial ownership set forth herein are based on (i) 2,069,399,389 Class A Shares in the form of Class A ADSs and (ii) 49,892,575 Class B Shares in the form of Class B ADSs, issued and outstanding as of May 31, 2025. Item 5(b) of the Statement is hereby amended and restated in its entirety as follows: The information contained on the cover pages to this Statement is incorporated herein by reference. Item 5(c) of the Statement is hereby amended and supplemented as follows: In the last 60 days, the Reporting Persons have not effected any transactions in the Issuer's Shares. None. Not applicable. Item 6 of the Statement is hereby amended and supplemented by inserting the following: Item 4 above summarizes certain provisions of the Purchase Agreement and is incorporated herein by reference. A copy of the Purchase Agreement is filed as an exhibit to this Schedule 13D and incorporated herein by reference. Except as set forth herein, none of the Reporting Persons has any contracts, arrangements, understandings or relationships (legal or otherwise) with any person with respect to any securities of the Issuer, including, but not limited to, any contracts, arrangements, understandings or relationships concerning the transfer or voting of such securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or losses, or the giving or withholding of proxies. Item 7 of the Statement is hereby amended and supplemented by inserting the following: Exhibit 3: Purchase Agreement, dated June 16, 2025, by and between Polestar Automotive Holding UK PLC and PSD Investment Limited (incorporated by reference to Exhibit 10.1 to the Issuer's Report of Foreign Private Issuer on Form 6-K as filed with the Securities and Exchange Commission on June 16, 2025). Schedule A-1 Eric Li /s/ Eric Li Eric Li (Shufu Li) 06/18/2025 Volvo Car Corporation /s/ Hakan Samuelsson Hakan Samuelsson, Director 06/18/2025 /s/ Helen Hu Helen Hu, Director & Authorized Signatory 06/18/2025 PSD Investment Limited /s/ Shufu Li Shufu Li, Sole Director 06/18/2025 PSD Capital Limited /s/ Shufu Li Shufu Li, Sole Director 06/18/2025 Snita Holding B.V. /s/ Johan Ekdahl Johan Ekdahl, Director 06/18/2025 /s/ Helen Hu Helen Hu, Director 06/18/2025 Volvo Car AB /s/ Hakan Samuelsson Hakan Samuelsson, Director 06/18/2025 /s/ Shufu Li Shufu Li, Director 06/18/2025 Geely Sweden Holdings AB /s/ Shufu Li Shufu Li, Director 06/18/2025 /s/ Donghui Li Donghui Li, Director 06/18/2025 Shanghai Geely Zhaoyuan International Investment Co., Ltd /s/ Donghui Li Donghui Li, Director 06/18/2025 Beijing Geely Wanyuan International Investment Co., Ltd /s/ Quan Zhang Quan Zhang, Director 06/18/2025 Beijing Geely Kaisheng International Investment Co., Ltd /s/ Quan Zhang Quan Zhang, Director 06/18/2025 Zhejiang Geely Holding Group Company Limited /s/ Donghui Li Donghui Li, Legal Representative & Director 06/18/2025 Geely Sweden Automative Investment B.V. /s/ Per Ansgar Per Ansgar, Director 06/18/2025 /s/ Quan Zhang Quan Zhang, Director 06/18/2025