Polestar Retail Sales Rise in 4Q, Sees Strong 2025 Momentum

Dow Jones
01-09
 

By Sabela Ojea

 

Polestar said its retail sales grew in the fourth quarter after seeing its order intake surge, creating a strong momentum for 2025.

The Swedish electric-car maker on Thursday said that it sold 12,256 cars in the fourth quarter, up 5.3% from the year-ago period, as a result of its growing model line-up.

Its quarterly order intake rose 37%, with the SUV models Polestar 3 and Polestar 4 representing about 56% of the total order intake in the period.

"The changes being made to our commercial operations are clearly having a positive impact," Chief Executive Michael Lohscheller said.

Polestar is expected to publish its third-quarter results on Jan. 16.

 

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

 

(END) Dow Jones Newswires

January 09, 2025 07:24 ET (12:24 GMT)

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