Polestar Reports Record Retail Sales in H1 2026

Electric Vehicle
Electric Vehicle
Business Update
Business Update
Merger:
Jun 24, 2022
Industry:
MOTOR VEHICLES & PASSENGER CAR BODIES
Market Cap.:
1.32 bn.

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Polestar Announces Record Retail Sales in First Half of 2026

GOTHENBURG, SWEDEN Polestar (Nasdaq: PSNY) has reported a record-breaking performance for the first half of 2026, with estimated retail sales reaching 30,423 vehicles. This achievement comes despite ongoing regulatory challenges and broader market headwinds affecting the automotive sector.

CEO Michael Lohscheller highlighted the company's resilience, noting significant growth in key international markets, including the UK, Germany, South Korea, and the Iberia region. The company is currently in a transitional phase as it prepares to ramp up the production and delivery of its latest electric vehicle models.

    Key Highlights

  • Record H1 2026 retail sales of 30,423 units.
  • Second quarter retail sales estimated at 17,296 units.
  • Retail sales network expanded to 235 sites, a 39% increase year-over-year.
  • Production of the Polestar 4 SUV is underway, with deliveries expected to begin in the fourth quarter.
  • The initial customer deliveries for the Polestar 5 are set to commence shortly.

About Polestar Automotive Holding UK PLC

Polestar (Nasdaq: PSNY) is the Swedish electric performance car brand determined to improve society by using design and technology to accelerate the shift to sustainable mobility. Headquartered in Gothenburg, Sweden, its cars are available in 27 markets globally across North America, Europe and Asia Pacific. Polestar is scheduled to expand into additional markets in 2025. Polestar has three models in its line-up: Polestar 2, an electric performance fastback; Polestar 3, the SUV for the electric age; and Polestar 4, the SUV coupé transformed. With plans to have a line-up of five performance EVs by 2026, Polestar 5, an electric four-door GT and Polestar 6, an electric roadster, are coming soon. The Polestar 0 project supports the company’s ambitious goal of creating a truly climate-neutral production car by 2030. The research initiative also aims to create a sense of urgency to act on the climate crisis, by challenging employees, suppliers and the wider automotive industry, to drive towards zero.

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