Polestar's Electric Surge: 51% Sales Spike and New Models Drive Global Expansion

July 10, 2025
Polestar's Electric Surge: 51% Sales Spike and New Models Drive Global Expansion
  • Polestar's product lineup includes the Polestar 2, Polestar 3, and Polestar 4, with a highly anticipated Polestar 5 four-door GT expected to launch in 2025, reflecting its ongoing innovation in electric vehicles.

  • The company's growth is driven by a focus on design, innovation, and sustainability, with a strategic goal to accelerate the transition to a sustainable future in the electric vehicle industry.

  • Despite challenging market and geopolitical conditions, CEO Michael Lohscheller emphasized that Polestar's retail expansion and increasing customer preference indicate successful growth.

  • In the first half of 2025, Polestar's retail sales surged by 51% to approximately 30,319 cars, with a 38% increase in Q2 2025 retail sales volumes to 18,049 cars compared to the same period in 2024.

  • Polestar operates in 27 global markets across North America, Europe, and Asia Pacific, focusing on innovative electric performance vehicles.

  • The company is expanding its manufacturing footprint, planning to produce the Polestar 7 compact SUV in Europe, and operates manufacturing facilities in North America and Asia.

  • Polestar is deeply committed to sustainability, aiming to halve greenhouse gas emissions per vehicle by 2030 and achieve climate neutrality across its value chain by 2040, emphasizing climate, transparency, circularity, and inclusion.

Summary based on 2 sources


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