Polestar Automotive Holding UK PLC announced that Snita Holding B.V. will convert approximately USD 339 million of debt into equity in two tranches effective March 31, 2026, enhancing Polestar’s capital structure and extending loan maturity to December 31, 2031. Additionally, Polestar and Volvo agreed to consolidate global manufacturing of the Polestar 3 at their Charleston, SC facility, impacting operations in Q4 2026.