Polestar Automotive Holding UK PLC (NASDAQ:PSNY) Q2 2023 Earnings Conference Call August 31, 2023 8:00 AM ET

Company Participants

Bojana Flint - Head of Investor Relations​

Thomas Ingenlath - Chief Executive Officer

Johan Malmqvist - Chief Financial Officer

Conference Call Participants

Alexander Potter - Piper Sandler

Steven Fox - Fox Advisors

Andres Sheppard - Cantor Fitzgerald

Tobias Beith - Redburn

Erik Golrang - SEB

Dan Levy - Barclays

Operator

Good day and thank you for standing by. Welcome to the Polestar Q2 2023 Results Conference. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised today's conference is being recorded.

I would now like to hand the conference over to our speaker today, Bojana Flint. Please go ahead.

Bojana Flint

Thank you, operator. Hello, everyone. My name is Bojana Flint from Polestar Investor Relations. Thank you for joining our Q2 2023 results call. Before handing over to Thomas Ingenlath our CEO, and Johan Malmqvist, our CFO for their opening remarks, I will cover some housekeeping points.

I would like to remind participants that many of our comments today will be considered forward-looking statements on the US federal securities laws and are subject to numerous risks and uncertainties that may cause Polestar's actual results to differ materially from what has been communicated.

These forward-looking statements include but are not limited to statements regarding the future financial performance of the company, production and delivery volumes, financial and operating results outlook and guidance, macroeconomic and industry trends, company initiatives and other future events.

Forward-looking statements made today are effective only as of today and Polestar undertakes no obligation to update any of its forward-looking statements. For a discussion of some of the factors that could cause our actual results to differ, please review the risk factor section of our annual report on Form 20-F filed with the SEC.

In addition, management will make references to non-GAAP financial measures during the call. A discussion of why we use non-GAAP financial measures and information regarding reconciliation of our non-GAAP financial measures, with our most directly comparable GAAP measures is in the investor presentation issued earlier today.

With that, I'd like to turn the call over to Thomas. Please go ahead.

Thomas Ingenlath

Thank you, Bojana. Let me reflect on some of the key operational and business highlights and outlook for 2023.