Polestar's quarterly EV sales jump as offers attract more buyers
- Posted on July 10, 2025
- By Yahoo News
- 3 Views
Polestar's quarterly EV sales jump as offers attract more buyers
Demand for Polestar's electric vehicles has remained resilient despite high interest rates, cost of living, and the availability of more affordable hybrid or gas-powered options. "We've delivered another strong quarter of growth, in increasingly challenging market and geopolitical conditions," said Polestar CEO, Michael Lohscheller. The company has also made strategic changes after Lohscheller took over as CEO, including focusing more on its home market of Europe as American import tariffs threaten to hike production costs and disrupt global supply chains.