Polestar publishes results for the first quarter and reports 80% growth in global deliveries for the second quarter
- 7,200 cars delivered in Q1 2024; cash and cash equivalents of USD 784 million as of March 31, 2024
- 20,200 cars delivered year to date, with Q2 2024 up 80% compared to Q1 2024
- New retail model, geographic expansion, growing line-up and sales organisation changes driving future sales growth
- Announced staff reductions completed, resulting in 15% fewer positions, in addition to 10% reduction in 2023
Read the full press release here.
Ends.
Evi Boits
Communications Manager, oona agency