EV maker’s quarterly sales soar
Polestar has announced its retail sales came in at an estimated 12,304 cars in the first quarter of 2025, a jump of 76 per cent from 6,975 units in the same period a year ago.
The Swedish carmaker adds the latest three-month figures were also stable when compared to the final quarter of 2024 despite a challenging economic environment.
It notes sales of its EVs have been supported by a growing uptake of newer models and the ongoing transition to an active selling model.
Michael Lohscheller, chief executive officer, says: “I'm pleased with the progress we are making in transforming our commercial operations. With a more active selling model, more retail partners and attractive cars, we are delivering results.
“At the same time, we are monitoring closely and assessing the volatile geopolitical environment and will adapt as needed.”
The marque has three models in its line-up, the Polestar 2, Polestar 3 and Polestar 4. The Polestar 5 four-door GT is set to be introduced in 2025, with the Polestar 6 roadster and the Polestar 7 compact SUV to follow.
