Polestar’s Post

Today we published preliminary results for the first quarter and global deliveries for the second quarter – which shows a growth of 80%. Polestar is in an exciting phase of acceleration, now with three cars on the road and excellent reviews of the Polestar 4 coming in from the global media during the past days. "This is a superb car. It's absolutely 100% brilliant." - Auto EV "Beautifully crafted, high-quality interior" - What Car "It's good value luxury" - Fully Charge Show "Stunningly designed inside and out" - Drive “No rear window but a clear vision – taking on the Porsche Macan" – DrivingCoUK We have strong momentum as we enter the second half of this year. Our two news SUV’s have received stellar reviews and test drive slots are booked out. Our retail model shift is in execution, and we have strengthened our sales management team significantly. We expect strong revenue improvement in the second quarter and are confident about our business performance in the latter part of the year. Looking further ahead, our model expansion and increased market presence – with seven market launches to come in 2025 – will be key growth drivers for us. https://lnkd.in/dcvm6WUi

New Post: The Auto Magazine - Polestar publishes results for the first quarter and reports 80% growth in global deliveries for the second quarter - https://lnkd.in/dxAMnEaU Polestar, reports its preliminary unaudited financial and operational results for the three months ended March 31, 2024 and reports its global deliveries for the second quarter of 2024. Polestar delivered approximately 13,000 cars in the second quarter, a growth of 80% compared to the previous quarter. This takes global deliveries for the first six months […]

The automotive world is on the cusp of a revolution, with a wave of innovative new brands entering the market. These brands are challenging the status quo with their bold designs, cutting-edge technology and a commitment to sustainability. These brands are all making waves in the automotive industry with their unique and innovative products. They are all worth keeping an eye on as they continue to grow and develop. Polestar is an electric performance car brand, jointly owned by Volvo and its Chinese mothership, Geely. Polestar 3 is the performance SUV for the electric age equipped for bi-directional charging, which means that in the future there might be an option for vehicle-to-grid and plug-and-charge capabilities. #innovation #technology #business

The Global #Luxury #Car Market was valued at USD 620.55 billion in 2022. It is expected to reach USD 1,136.02 billion by 2030, with a CAGR of 7.82% during 2023-2030. by Analytical Market Research The report analyzes the market by vehicle type, drive type, and region, offering insights on market dynamics and competitive assessment of major players. To Know More: https://lnkd.in/d8a47RwM Top Market Players:   BMW Group AG, Tesla Inc, Mercedes-Benz AG-Benz Group AG, Volkswagen Group AG, AUDI AG, Aston Martin, Jaguar Land Rover Automotive PLC, Hyundai Motor Company (현대자동차) Motor Company, Toyota, General Motors. #luxury #car #marketresearch #marketgrowth #marketanalysis

Huge congratulations to Polestar for achieving a major milestone – securing an impressive one billion dollars in funding! 🌟 This marks a pivotal moment for Polestar as they propel forward into the next phase of their development journey. With this substantial financial backing, Polestar is poised to continue innovating and shaping the future of sustainable mobility. In today's ever-evolving business landscape, investors are increasingly focusing their attention on Environmental, Social, and Governance (ESG) factors. Now more than ever, companies are under heightened scrutiny to uphold transparency and accountability in their operations. The commitment to ESG principles not only drives positive societal impact but also plays a crucial role in attracting and retaining investors who prioritize sustainability. Want to delve deeper into the importance of ESG transparency and its impact on investment decisions? Check out our latest newsletter for insightful perspectives. 📈💼 Link in comments below…. #investors #esg #transparency #sustainability #polestar Yue Jin Tay Douglas Johnson-Poensgen Jessica Green Ebba Källeskog Casper Clement Grunert Petra Pettersson Lisa Bolin 

Is the world ready to embrace electric vehicles (EVs) or will the slow warm-up continue? The market has been looking for a tipping point that never seems to come. A tough world for one trick ponies,the Volvo-owned electric car company. I like the term "EV winter," will the world suddenly wake up to EVs? However, as basic transportation, they are still too expensive. This article mentions everything but that fact. What's your take? Check out the article below. Link to the article: https://lnkd.in/gBpdW2fu

Hey good looking 😉 Polestar fans, get ready to rev up your engines! The Polestar 4 is now officially on sale in Europe and Australia. The fastest Polestar production car to date, the Polestar 4 transforms the aerodynamics of a coupé and the space of an SUV into a new breed of SUV coupé. With a starting indicative price of EUR 63,200 and AUD 81,500, online sales commence following first deliveries in China at the end of 2023. Production is planned to start towards the middle of 2024, with first deliveries expected from August. As a design-driven brand, Polestar's design cues first seen on its concept cars are brought to production in the Polestar 4. The design sees the continuation of key elements first shown by the Polestar Precept concept car, coming to life. This includes eliminating the rear window which enables a new kind of immersive rear occupant experience. The Polestar 4's innovative interpretation of an SUV coupé offers great interior space and a stunning appearance, thanks to its low nose, retractable door handles, flush glazing with frameless windows, rear aero blades, and air flow optimization around the rear light bar. Polestar 4 transforms the aerodynamics of a coupé and the space of an SUV into a new breed of SUV coupé. Design cues first seen on Polestar’s concept cars are brought to production in the fastest Polestar production car to date. Polestar 4 is positioned between Polestar 2 and Polestar 3 in terms of size and price. “The introduction of Polestar 4 into all our markets through the course of 2024 is key to our success, adding this third model to our line-up. Polestar 4 tackles the premium performance class in the D-SUV segment. Polestar 4’s innovative interpretation of an SUV coupé offers great interior space and a stunning appearance,” says Thomas Ingenlath, Polestar CEO. #electricvehicles #mobility #evcharging #smartcities #evbatteries #sustainabletransport #electriccars #electrification #charginginfrastructure #autonomousvehicles #microgrids #fleets

SeekingAlpha has now published my latest article. First, I provide an update on the Chinese passenger car market through June 2024, using monthly data on the nearly 600 models currently on sale. First, there's no sign of a downturn; sales remain at historically high levels. Second, PHEVs continue to increase their share, while sales of pure EVs are stagnant. With that as context, I then analyze the newly listed Zeekr (ZK) EV brand. I rate it a "hold" because while it is performing well, it is an integral part of the Geely Group, of which it remains a subsidiary. (The initial ADR listing is only 5% of shares.) Above all, Geely has an entry-level Geometry EV brand, and the (floundering!) upscale Polestar EV brand. So Zeekr can neither expand downmarket nor upmarket. I think it will do well, but in the face of tariff restrictions for the US and EU markets, it will remain most domestic in sales. As a result, I it's fairly priced. For lots of data, read the article (which is behind a paywall). https://lnkd.in/ejqM6-mi

🌡️ Innovating for Comfort and Sustainability: Nissan's New "Cool Paint" Technology . 🌡️As temperatures soar to record highs, especially in regions like Japan, innovation in the automotive industry is more crucial than ever. Nissan Motor Co. has taken a significant step forward by introducing a "cool paint" designed to keep vehicle interiors cooler, even in the sweltering heat. 🚗 Tested on vehicles at Tokyo's Haneda airport, this new paint not only reduces the heat inside the car but also stands as a testament to Nissan's commitment to comfort and sustainability. While the coating is six times thicker than conventional paint, making commercialization a challenge, the potential benefits for drivers and passengers alike are immense.Innovation like this highlights the importance of pushing boundaries to create a more comfortable and sustainable future.#Innovation #Automotive #Sustainability #Nissan #CoolPaint

🚗 Polestar Pre-owned used car programme targets SME fleets 🚗 Martyn Collins speaks to Matt Hawkins, head of sales at Polestar, about the programme, aimed at reducing the time it takes for leasing companies with end of contract stock to turn it into cash. Hawkins and his team have set up a 'Pre-owned' area of Polestar.com as a marketplace, where both Polestar and its investor partners can advertise pre-owned stock. Read more online: https://lnkd.in/eWECS28k 🔔 Click our follow button to see regular car and fleet industry news and insights, and subscribe to our newsletter 🔔 #BusinessCar #polestar #usedcars #remarketing #carleasing