Polestar Q2 retail sales volumes rise 38%, H1 volumes up 51%

Polestar reported Q2 retail sales volumes of 18,049 cars, a 38% increase. H1 retail sales volume reached 30,319, up 51%. CEO Michael Lohscheller attributed the growth to successful retail expansion and increasing customer interest in Polestar vehicles. Despite challenging market and geopolitical conditions, Polestar continues to show strong growth.

Polestar (Nasdaq: PSNY) has reported robust Q2 retail sales volumes, totaling 18,049 cars, marking a 38% year-on-year increase [1]. For the first half of 2025, retail sales volumes reached 30,319 cars, up 51% compared to the same period last year [1]. CEO Michael Lohscheller attributed this growth to successful retail expansion and increasing customer interest in Polestar vehicles, despite challenging market and geopolitical conditions.

Polestar's line-up includes three models: Polestar 2, Polestar 3, and Polestar 4. Planned models include the Polestar 5 four-door GT (to be introduced in 2025), the Polestar 6 roadster, and the Polestar 7 compact SUV. The company has manufacturing operations in North America and Asia and plans to expand its manufacturing footprint further, with production of Polestar 7 planned in Europe.

Polestar has an unwavering commitment to sustainability, aiming to halve greenhouse gas emissions by 2030 per vehicle sold and become climate-neutral across its value chain by 2040. The company's comprehensive sustainability strategy covers four key areas: Climate, Transparency, Circularity, and Inclusion.

Despite strong sales performance, Polestar's stock price has remained relatively stagnant. The stock currently trades at $1, despite the company's impressive accomplishments and growth in vehicle deliveries. Comparatively, competitors such as Lucid and Raven have seen more significant fluctuations in their stock prices, with Lucid producing 3,300 vehicles and having a stock price of $2.4, and Raven producing 10,660 vehicles with a stock price of $14 [2].

Forward-looking statements in Polestar's press release highlight potential risks and uncertainties, including market conditions, supply chain disruptions, and regulatory challenges. Polestar assumes no obligation to update these forward-looking statements, even if new information becomes available in the future.

References:
[1] https://www.morningstar.com/news/business-wire/20250710640462/polestar-retail-sales-volumes-totalled-18049-cars-in-q2-a-growth-of-38-year-on-year
[2] https://www.linkedin.com/posts/polestarcars_polestar-q2-activity-7349030655151718400-6Qsk