Polestar said on Thursday it sold “approximately 14,192” electric vehicles globally in the third quarter of the year.
Despite representing a 13% year over year increase, the EV maker saw its sales falling 21.4% from the 18,049 units recorded in the second quarter of 2025.
Although sales in the first half of the year jumped 51% to 30,319 units, the addition of third-quarter figures brings year-to-date deliveries up 36%, reflecting slower growth in recent months.
Last year, Polestar sales fell 15% to 44,851 units — down from the 52,796 recorded in 2023. The figures in 2024 also came lower than in 2022, when the Geely-backed brand sold 50,510 vehicles.
The brand’s chief executive Michael Lohscheller cited a “strong order intake” despite “continued external headwinds and challenging market conditions.”
“The third quarter saw continued growth, and we have now sold as many cars as in the whole of 2024,” Lohscheller stated.
“Despite continued external headwinds and challenging market conditions, our line-up and strong order intake provide a solid basis for growth in the fourth quarter,” the CEO added.
Polestar said this Thursday it will publish “select third-quarter 2025 results” and hold an analyst conference call on November 12.
Lohscheller had warned in May that the company would shift focus toward Europe, its most profitable region, which accounts for around 75% of Polestar’s total business.
The US represents approximately 11%, while China plays a smaller role.
Earlier this year, the company reiterated its guidance of achieving a compound annual growth rate in retail sales volume of 30–35% from 2025 to 2027.
