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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