Polestar boosts BEV sales by 34 per cent in 2025
Polestar reported a global total of 60,119 vehicles delivered in 2025, with roughly one in twelve of these cars sold in Germany, amounting to 5,007 units in total. This made Germany one of Polestar’s strongest growth markets and largest markets simultaneously: the increase here reached 57.4 per cent.
Jan Grindemann, Polestar’s Germany manager, commented: “The development in Germany confirms our strategy: we are growing significantly faster than the market and are among the top performers in the premium segment. With new locations, a strong team, and collaborative work with our dealers, we are laying the foundation for sustainable success.” New Polestar Spaces were opened last year across Germany, including in Saarbrücken, Offenbach, Berlin, Munich, and Karlsruhe, with a location in Bonn set to follow in January. By 2027, 30 Polestar Spaces are planned across Germany.
However, shifting focus from Germany to the global market, Polestar delivered a total of 60,119 battery-electric vehicles in 2025, marking a return to growth after sales declined from 52,796 vehicles in 2023 to 44,851 in 2024. This turnaround is likely due to 2025 being the first full year in which the recently introduced models, the Polestar 3 and Polestar 4, were available. The Polestar 2 also remains on sale, having received an update in summer 2024.
The quarterly figures also demonstrate strong growth, as shown in the chart. In the fourth quarter of 2025, Polestar increased its sales by 27 per cent to 15,608 vehicles. This means Polestar achieved growth in every quarter of 2025: sales rose by 76 per cent in the first quarter, by 38 per cent in the second quarter, and by 13 per cent in the third quarter.
Polestar CEO Michael Lohscheller stated: “For retail sales volumes, 2025 has been the best year ever for Polestar, despite continued external headwinds and challenging market conditions. We are gaining market share and outselling many established car brands across key European markets, a testament to the expansion of our sales network, which has grown by over 50% this year, our attractive model line-up and the team’s hard work.”
Polestar has announced its quarterly results and a strategy update for 18 February, which investors are eagerly awaiting. The listed company, majority-owned by the Geely Group, recently reported significant losses, avoided a potential delisting from the US Nasdaq stock exchange due to a low share price only through a “reverse split” of its American Depositary Shares (ADS), and shortly before Christmas, secured a loan commitment of 600 million US dollars from its parent company Geely to ensure liquidity.
0 Comments