PSNYW (Polestar Automotive Holding UK) Construction In Progress : $166 Mil (As of Dec. 2024)

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What is Polestar Automotive Holding UK Construction In Progress?

Polestar Automotive Holding UK's quarterly construction in progress stayed the same from Mar. 2024 ($0 Mil) to Jun. 2024 ($0 Mil) but then increased from Jun. 2024 ($0 Mil) to Dec. 2024 ($166 Mil).

Polestar Automotive Holding UK's annual construction in progress increased from Dec. 2022 ($160 Mil) to Dec. 2023 ($252 Mil) but then declined from Dec. 2023 ($252 Mil) to Dec. 2024 ($166 Mil).

Polestar Automotive Holding UK Construction In Progress Historical Data

The historical data trend for Polestar Automotive Holding UK's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Polestar Automotive Holding UK Construction In Progress Chart

Polestar Automotive Holding UK Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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1.88

27.67

160.28

251.64

166.20

Polestar Automotive Holding UK Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Dec24
Construction In Progress	Get a 7-Day Free Trial									-	251.64	-	-	166.20

Polestar Automotive Holding UK Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Polestar Automotive Holding UK Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Polestar Automotive Holding UK PLC (NAS:PSNYW) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

PSNY:USA A4N1:Germany

Address

Assar Gabrielssons Vag 9, Gothenburg, SWE, 405 31

Website

https://www.polestar.com

Polestar Automotive Holding UK PLC operates as an electric vehicle manufacturer. It engages in designing products that are engineered to excite consumers and drive change. Polestar defines market-leading standards in design, technology, and sustainability. Polestar was established as a premium electric car brand by Volvo Cars and Geely Holdings. Polestar has produced two electric performance cars namely Polestar 1 and Polestar 2. Geographically, it derives a majority of revenue from USA.