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SCHEDULE 13D/A 0001104659-25-060665 0001965905 XXXXXXXX LIVE 7 Class A American Depositary Shares, Class A Ordinary Shares, par value $0.01 each 07/22/2025 false 0001884082 731105201 Polestar Automotive Holding UK PLC Assar Gabrielssons Vag 9 Gothenburg V7 405 31 Zhejiang Geely Holding Group 86 (571) 2809 8282 No. 1760 Jiangling Road Binjiang District Hangzhou F4 310051 0001965905 N Eric Li WC OO N F4 2184554666.00 0.00 1915521491.00 0.00 1915521491.00 N 82.9 IN 0001936654 N Volvo Car Corporation WC OO N V7 380322995.00 0.00 380322995.00 0.00 380322995.00 N 16.5 CO Y PSD Investment Limited OO N D8 1287523102.00 0.00 1018489927.00 0.00 1018489927.00 N 44.1 CO Y PSD Capital Limited OO N D8 1287523102.00 0.00 1018489927.00 0.00 1018489927.00 N 44.1 CO Y Snita Holding B.V. AF OO N P7 380322995.00 0.00 380322995.00 0.00 380322995.00 N 16.5 CO 0001899294 N Volvo Car AB WC OO N V7 380322995.00 0.00 0.00 380322995.00 380322995.00 N 16.5 CO Y Geely Sweden Holdings AB WC OO N V7 897031564.00 0.00 897031564.00 0.00 897031564.00 N 38.8 CO Y Shanghai Geely Zhaoyuan International Investment Co., Ltd WC OO N F4 897031564.00 0.00 897031564.00 0.00 897031564.00 N 38.8 CO Y Beijing Geely Wanyuan International Investment Co., Ltd WC OO N F4 897031564.00 0.00 897031564.00 0.00 897031564.00 N 38.8 CO Y Beijing Geely Kaisheng International Investment Co., Ltd WC OO N F4 897031564.00 0.00 897031564.00 0.00 897031564.00 N 38.8 CO Y Zhejiang Geely Holding Group Company Limited WC OO N F4 897031564.00 0.00 897031564.00 0.00 897031564.00 N 38.8 CO Y Geely Sweden Automative Investment B.V. WC OO N P7 502156334.00 0.00 502156334.00 0.00 502156334.00 N 21.7 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. 7 to Schedule 13D ("Amendment No. 7") 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 3 of the Statement is hereby amended and supplemented by inserting the following: On July 23, 2025 (the "Closing Date"), PSD Investment Limited acquired 190,476,190 Class A ADS shares from the Issuer for an aggregate purchase price of $200,000,000 pursuant to the previously disclosed Purchase Agreement (the "July 2025 PIPE"). The price per Class A ADS was $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 used working capital to fund these purchases. Item 4 of the Statement is hereby amended and supplemented by inserting the following: Conversion and Closing of Purchase Agreement On July 22, 2025, PSD Investment Limited converted 20,000,000 Class B ADS shares into Class A ADS shares to ensure PSD Investment Limited's voting power remains below 50%. On the Closing Date, PSD Investment Limited acquired 190,476,190 Class A ADS shares from the Issuer for an aggregate purchase price of $200,000,000 in the July 2025 PIPE. Additionally, PSD Investment Limited and the Issuer entered into a registration rights agreement (the "Registration Rights Agreement") to grant PSD Investment Limited customary registration rights with respect to the Class A ADSs purchased in the July 2025 PIPE. The foregoing description of the Registration Rights Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of such agreement, which is attached as an exhibit to this Schedule 13D and 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) 2,279,875,579 Class A Shares in the form of Class A ADSs and (ii) 29,892,575 Class B Shares in the form of Class B ADSs, issued and outstanding as of the Closing Date. 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: Except as described in Item 4 of this Amendment No. 7, the Reporting Persons have not effected any transactions in the Issuer's Shares since the most recent filing of Schedule 13D. 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 Registration Rights Agreement and is incorporated herein by reference. A copy of the Registration Rights 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 4: Registration Rights Agreement, dated July 23, 2025, by and between Polestar Automotive Holding UK PLC and PSD Investment Limited (incorporated by reference to Exhibit 10.1 of the Issuer's Form 6-K filed with the Securities and Exchange Commission on July 23, 2025). Eric Li /s/ Eric Li Eric Li (Shufu Li) 07/24/2025 Volvo Car Corporation /s/ Hakan Samuelsson Hakan Samuelsson, Director 07/24/2025 /s/ Helen Hu Helen Hu, Director & Authorized Signatory 07/24/2025 PSD Investment Limited /s/ Shufu Li Shufu Li, Sole Director 07/24/2025 PSD Capital Limited /s/ Shufu Li Shufu Li, Sole Director 07/24/2025 Snita Holding B.V. /s/ Fredrik Hansson Fredrik Hansson, Authorized Signatory 07/24/2025 /s/ Helen Hu Helen Hu, Director 07/24/2025 Volvo Car AB /s/ Hakan Samuelsson Hakan Samuelsson, Director 07/24/2025 /s/ Helen Hu Helen Hu, Authorized Signatory 07/24/2025 Geely Sweden Holdings AB /s/ Shufu Li Shufu Li, Director 07/24/2025 /s/ Donghui Li Donghui Li, Director 07/24/2025 Shanghai Geely Zhaoyuan International Investment Co., Ltd /s/ Donghui Li Donghui Li, Director 07/24/2025 Beijing Geely Wanyuan International Investment Co., Ltd /s/ Quan Zhang Quan Zhang, Director 07/24/2025 Beijing Geely Kaisheng International Investment Co., Ltd /s/ Quan Zhang Quan Zhang, Director 07/24/2025 Zhejiang Geely Holding Group Company Limited /s/ Donghui Li Donghui Li, Legal Representative & Director 07/24/2025 Geely Sweden Automative Investment B.V. /s/ Per Ansgar Per Ansgar, Director 07/24/2025 /s/ Quan Zhang Quan Zhang, Director 07/24/2025