Polestar Q1 retail sales grew by 76% compared to the same quarter last year
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 10 2025
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Source: Newsfilter
Sales Performance: Polestar reported a 76% increase in retail sales volumes, totaling approximately 12,304 cars in Q1 2025 compared to the same quarter in 2024, while maintaining stability from Q4 2024 amidst economic challenges.
Future Outlook and Sustainability Goals: CEO Michael Lohscheller emphasized the company's progress in transforming commercial operations and highlighted Polestar's commitment to sustainability, aiming to halve greenhouse gas emissions per vehicle by 2030 and achieve climate neutrality by 2040.
Analyst Views on PSNY
About PSNY
POLESTAR AUTOMOTIVE HOLDING UK PLC (Polestar) is a Swedish-based electric vehicle manufacturer. Company's portfolio includes Polestar 1, Polestar 2, Polestar 3, Polestar 4 and Polestar 5. Polestar products are currently available on markets across Europe, North America, China and Asia Pacific. Polestar cars are currently manufactured in two facilities in China. Polestar produces electric cars to reduce gas emmisions and develop new technologies to further minimize the carbon footprint.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
