Polestar reaches production milestone of 150,000 cars as upgraded Polestar 2 deliveries commence

GOTHENBURG, SWEDEN – 23 August 2023. Polestar has started deliveries of the significantly upgraded Polestar 2, supporting the company’s continued growth.

Polestar 2 was the brand’s first volume car, which went into production in 2020. Within three years, over 150,000 cars have now been manufactured.

In the UK, where over 20,000 Polestar 2 cars are now on the road, Polestar has been the fastest growing car brand in the first seven months of 2023, with new vehicle registrations growing by 174% compared to the same period the previous year1.

Thomas Ingenlath, Polestar CEO, comments: “The upgraded Polestar 2 is the best version to date. With improved software, better quality, longer range and faster charging, it is the basis from which we continue to grow our business.

The Polestar 2 Long range Single motor is now certified for up to 654 km WLTP, and maximum DC charging speed is now up to 205 kW for versions with the new 82 kWh battery. New motors are more efficient, and a change to rear-wheel drive for single-motor versions and a rear-bias for the dual motor version also means Polestar 2 is even more fun to drive, with power delivery benefitting from weight shifting over the driven wheels.

 

Ends.

 

Notes to editors

  1. UK official new car registration data: https://www.smmt.co.uk/vehicle-data/car-registrations/

Evi Boits

Communications Manager, oona agency

 

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About Polestar

Polestar (Nasdaq: PSNY) is the Swedish electric performance car brand with a focus on uncompromised design and innovation, and the ambition to accelerate the change towards a sustainable future. Headquartered in Gothenburg, Sweden, its cars are available in 28 markets globally across North America, Europe and Asia Pacific.

Polestar has four models in its line-up: Polestar 2, Polestar 3, Polestar 4, and Polestar 5. Planned models include the Polestar 6 roadster and the Polestar 7 compact SUV. With its vehicles currently manufactured on two continents, North America and Asia, Polestar plans to diversify its manufacturing footprint further, with production of Polestar 7 planned in Europe.

Polestar has an unwavering commitment to sustainability and has set an ambitious roadmap to reach its climate targets: halve greenhouse gas emissions by 2030 per-vehicle-sold and become climate-neutral across its value chain by 2040. Polestar’s comprehensive sustainability strategy covers the four areas of Climate, Transparency, Circularity, and Inclusion.