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Polestar Automotive Holding UK (Polestar Automotive Holding UK) Research & Development : $180 Mil (TTM As of Sep. 2023)


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What is Polestar Automotive Holding UK Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Polestar Automotive Holding UK's Research & Development for the three months ended in Sep. 2023 was $55 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 was $180 Mil.

Polestar Automotive Holding UK Research & Development Historical Data

The historical data trend for Polestar Automotive Holding UK's Research & Development 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 Research & Development Chart

Polestar Automotive Holding UK Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Research & Development
34.39 183.85 232.92 167.24

Polestar Automotive Holding UK Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.60 43.89 35.70 45.61 54.87

Polestar Automotive Holding UK Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $180 Mil.

* 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.

Polestar Automotive Holding UK  (NAS:PSNY) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Polestar Automotive Holding UK Research & Development Related Terms

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Polestar Automotive Holding UK (Polestar Automotive Holding UK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Polestar Automotive Holding UK PLC (NAS:PSNY) » Definitions » Research & Development
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Traded in Other Exchanges
PSNYW: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.