Written by Cláudio Afonso | LinkedIn | X
Polestar sold 515 electric vehicles in the UK in February, nearly doubling from a year earlier, data from the Society of Motor Manufacturers and Traders (SMMT) showed on Wednesday.
Despite the 99% year-on-year increase, the Swedish EV maker marked its third consecutive month of declining sales, down from 746 units in January and 898 in December. Polestar’s monthly sales peaked in September 2024, with 2,429 vehicles sold.
Overall, UK new car registrations fell 1.0% year-on-year in February to 84,054 units, according to SMMT. Battery electric vehicles (BEVs) bucked the trend, surging 41.7% to 21,244 registrations and capturing 25.3% of the market, up from 17.7% a year earlier.
Plug-in hybrids (PHEVs) rose 19.3% to 7,273 units, while hybrid electric vehicles (HEVs) increased 7.9% to 11,431, maintaining a 13.6% market share.
Tesla saw UK registrations climb 21% to 3,852 units, contrasting with declines in its other major European markets. Chinese automaker BYD registered 1,177 BEVs and PHEVs, a 334% year-on-year jump, though sales dropped 27% from January.
MG, owned by China’s SAIC Motor, posted a slight decline to 3,325 vehicles, while Geely-backed Polestar more than doubled its figures to over 500 units.
Polestar’s global retail sales in 2024 totaled 44,851 vehicles, decreasing 15% from 2023.
