Polestar delivers on 2022 global volumes target of its electric cars

Polestar, the Swedish electric performance car brand, has announced that it delivered approximately 21,000 vehicles in the fourth quarter of 2022. This brings the preliminary estimate for full-year global volumes to 51,500 cars. This is up 80 per cent year-on-year and an impressive performance from the brand that will be expanding its range widely in the coming years. 

In 2023, Polestar anticipates global volumes to increase by nearly 60 per cent to approximately 80,000 cars. This will be led by strong Polestar 2 sales and later in the year the first deliveries of Polestar 3, the brand’s new electric sports utility vehicle (SUV).

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Thomas Ingenlath, Polestar CEO, said: “I’m proud of the many milestones we achieved in 2022 and in particular the massive team effort that went into delivering our strongest quarter to date – surpassing our 50,000 global volumes target for the year. We are now fully focused on 2023. 

“There will be the usual quarterly variations, but I’m confident that we will continue to actively manage our supply chain to meet the growing demand for Polestar 2, commence first deliveries of Polestar 3 and launch Polestar 4.”

Polestar expects to post its unaudited preliminary estimates( of its financial results for the year ended December 31, 2022, on March 2, 2023, before market opening in the USA. 

Polestar’s CEO and CFO will hold a live audio webcast in connection with the publication of these unaudited preliminary estimated results on March 2, 2023, at 08:00 ET (14:00 CET). 

Relevant documents and a link to the live audio webcast will be available on the Polestar Investor Relations website here

Ian Osborne
Ian Osborne
Editor-in-Chief at ElectricDrives

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