Polestar’s global retail sales rose 13% in the third quarter to an estimated 14,192 cars, taking year-to-date deliveries to about 44,482 — 36% higher than the same period in 2024. Q3 sales lifted from 12,548 a year earlier to 14,192. For the first nine months, volumes increased from 32,595 to 44,482.
Polestar has appointed 35-year automotive industry veteran Scott Maynard to lead its Australian operation from July 18, 2024. Maynard replaces Samantha Johnson, who left Polestar last month after overseeing the brand's launch into the Australian market in 2021.
Polestar is partnering with Surfers for Climate, providing a Polestar 2 EV to the Australian climate action charity working to educate, inspire, and mobilise surfers to care about climate change.
Polestar 3 production has started in Chengdu, China. Additional production is slated to start in South Carolina in the US mid-2024 with the first early production test series in the American factory successfully completed.
Polestar has enjoyed a robust first quarter in 2023 but has reported a speed bump in its quest for growth in global markets. The start of production for the Polestar 3 has been delayed until at least the first quarter of 2024 says the company.
Polestar delivered about 12,000 vehicles in the first quarter of 2023, up nearly 26% year-on-year. It expects global 2023 volumes to increase by nearly 60% year-on-year to around 80,000 cars, mainly led by Polestar 2 sales.
A “Pathway Report” initiated by EV companies Polestar and Rivian shows the automotive industry could overshoot the Intergovernmental Panel on Climate Change (IPCC) 1.5 degree global temperature increase limit target by more than 75% by 2050 without urgent action.
Zhejiang Geely Holding Group (Geely Group) says aggregate sales across its automotive brands – grew 4.7% year-on-year to exceed 2.3 million units in 2022.
Polestar delivered about 21,000 vehicles in the fourth quarter of 2022, bringing the preliminary estimate for full year global volumes to 51,500 cars - up 80% year-on-year.
E-mobility brands Polestar and CAKE have revealed a second limited Polestar edition of the electric moped Makka. It’s in the sky colour first shown on the Polestar electric roadster concept.
