Geely-backed Polestar sold 249 vehicles in the Dutch market in August, a 61.7% increase from the 154 units sold in the same period a year ago.
Data published by the motor trade organization BOVAG showed that sales also rose 39.1% sequentially.
Polestar registered a record 434 vehicles in June, which was then followed by a steep sequential drop.
Despite that, monthly figures from the past three months remain above the respective periods in 2024.
In the first eight months of the year, the premium brand registered 1,605 vehicles in the Netherlands, which represents a 32.7% rise from the 1,209 units sold between January—August 2024.
The Polestar 2 represented 176 of the total units registered. Prices for the sedan start from €44,950 ($52,600) in the Dutch market.
The brand sold 63 units of its coupe Polestar 4, which starts at €59,800 ($70,000). It is currently offering a €6,300 ($7,300) trade-in discount on purchases of the vehicle until the end of September.
The most expensive model in its lineup, the Polestar 3, with prices beginning at €79,950 ($93,500), represented 10 of the total vehicles sold.
Customers can lease the vehicle from €899 per month ($1,050), if ordered before September 14.
In August, 237,909 vehicles were sold in the Netherlands. Electric vehicles represented 9,051 registraties of the vehicles sold — with a 33.9% market share.
The best-selling brand in the country was Kia across all powertrains.
Tesla registered 776 vehicles in the Dutch market last month. The company’s sales year to date have halved from the same period in 2024.
Regarding Chinese new energy vehicle (NEV) brands, BYD sold 389 hybrid and fully electric vehicles in August, while XPeng‘s registrations amounted to 52 vehicles in the Netherlands last month.
Premium EV brand Zeekr, also backed by Geely, registered 122 vehicles, while competitor Nio brand reached 18 electric vehicles.
Nio Group‘s more affordable sub-brand Firefly recently entered the country, with deliveries having started last month. From August 14 to 31, the brand registered six units in the country.
On Wednesday, Polestar disclosed its first half financial results, with operating losses more than doubling year over year to $1.10 billion, leading its shares to plunge 17.3% to $1.10.
The premium brand announced it will launch its Polestar 5 model at next week’s IAA Auto Show in Munich, Germany.
