Polestar is at risk of being delisted from the Nasdaq, yet has ambitious plans for its future. The firm will expand into markets including France, Czechia, Slovakia, Poland, and Thailand. Polestar wants to sell between 155,000 and 165,000 vehicles worldwide in 2025. Polestar has had a slow start to 2024 and is at risk of being delisted from the Nasdaq due to its declining share price and delays in releasing its 2023 annual report and Q4 2023 report.
“Through these partnerships and expansion, we will capitalize on our strong brand and growing model line-up.” Last year, Polestar sold 54,600 electric vehicles worldwide but aims to grow that to between 155,000 and 165,000 in 2025. To help it achieve this goal, the carmaker is transitioning to a non-genuine agency sales model across Europe, starting with Sweden and Norway.
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