Polestar EV Sales Are Down 40% Again In Q1 2024

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Polestar global electric car deliveries during the first quarter of 2024 amounted to approximately 7,200 units (down 40% year-over-year).

Polestar announced that its global electric car deliveries during the first quarter of 2024 amounted to approximately 7,200 units. The volume was down roughly 40% year-over-year and it seems to be the weakest quarter in a long time. Get Fully Charged Polestar EV lineup Polestar's main electric model is the Polestar 2, although recently the company launched the all-new Polestar 4 model. In mid-2024, the company intends to launch the Polestar 3.

Polestar BEV sales in Q1-Q4'2023 : Polestar 2: about 53,720 Polestar 4: about 880 Total deliveries: approximately 54,600 As we wrote previously, the results were disappointing, as the company initially planned to sell 80,000 electric cars in 2023, and later updated the guidance to 60,000-70,000, which also was not achieved. In 2022, Polestar sold some 51,500 electric cars . At the time, it was noticeably less than the 65,000 units of the original target .

 

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