Polestar Q1 Retail EV Sales Skyrocket by 76% Compared to Last Year
Polestar is starting 2025 on a strong note. The Swedish-Chinese electric performance car brand announced today that it sold an estimated 12,304 vehicles in Q1 2025, marking a 76% increase compared to the same period in 2024. Sales remained stable versus Q4 2024, signaling resilience amid ongoing global economic headwinds.
This growth comes as the company continues to shift toward an active selling model, aimed at creating a more direct and engaging retail experience for customers. The uptick is also supported by growing interest in Polestar’s newer EV models, which have broadened the brand’s portfolio beyond the original Polestar 2.
While macroeconomic conditions remain uncertain, Polestar’s Q1 results suggest the brand is successfully navigating the current landscape and positioning itself for long-term expansion.
Polestar expects to publish its full-year 2024 financial results and file its annual report on Form 20-F by the end of April 2025.
Michael Lohscheller, Polestar CEO, said: “We are on the right track and doing the right things. I’m pleased with the progress we are making in transforming our commercial operations. With a more active selling model, more retail partners and attractive cars, we are delivering results. At the same time, we are monitoring closely and assessing the volatile geopolitical environment and will adapt as needed.”
Polestar’s EV Lineup in the U.S.
Polestar, the performance EV brand backed by Volvo and Geely, is steadily expanding its U.S. presence with a growing lineup of stylish, minimalist electric vehicles. Here’s a breakdown of what American consumers can expect from Polestar in 2025:
Polestar 2
Type: Electric fastback sedan
Launched: 2020 (refreshed in 2024)
Range: Up to ~320 miles (EPA est., depending on configuration)
Price: Starting around $49,900 (varies by trim)
Highlight: The Polestar 2 has matured into a serious Tesla Model 3 rival, with clean Scandinavian design, Google-native infotainment, and impressive performance in dual-motor AWD versions.
Polestar 3
Type: Mid-size electric SUV
Launched: Deliveries starting in 2024–2025
Range: ~300 miles
Price: Starting around $83,900
Highlight: The Polestar 3 is built on a new platform shared with the Volvo EX90. It’s packed with tech, including lidar-based safety systems and dual-motor AWD. Made in the U.S. (South Carolina), it also aims to qualify for federal tax credits once production scales.
Polestar 4
Type: Coupe-style SUV
Expected U.S. Launch: Late 2024 to early 2025
Range: ~300–350 miles (estimated)
Price: Starts around $60,000
Highlight: The most controversial Polestar yet — no rear window. Instead, it uses a camera feed and a sleek coupe-style design. It’s expected to slot between the 2 and 3 in size and price, combining style with solid performance.
Polestar 5 (Coming Soon)
Type: Luxury electric GT sedan
Expected U.S. Launch: 2025–2026
Range: TBD (~300+ miles expected)
Price: Premium segment (likely $90K+)
Highlight: A production version of the stunning Polestar Precept concept, the 5 will be a flagship model taking aim at the Porsche Taycan and Lucid Air with performance, luxury, and sustainability at its core.
Polestar 6 (Future Model)
Type: Electric roadster
Expected U.S. Launch: Around 2026
Status: Sold out of initial LA Concept Edition launch units
Highlight: Based on the Polestar O₂ concept, the 6 promises thrilling open-air EV driving with performance specs comparable to supercars — think 0–60 mph in under 3.5 seconds.
Tesla Owners Save Up to $20,000 Making the Switch to Polestar
Polestar is making a bold play for Tesla drivers — and it comes with serious savings. Right now, eligible Tesla owners can get up to $20,000 toward the lease of a brand-new Polestar 3, the electric SUV that blends performance, design, and cutting-edge tech.
$5,000 Polestar Conquest Bonus
Rewarding drivers who switch from a competitor brand — like Tesla.
$15,000 Polestar Clean Vehicle Incentive
Additional lease incentive for qualifying customers.
That’s up to $20,000 off a lease on one of the most anticipated electric SUVs of 2025!
What’s Next?
Polestar is investing in local U.S. manufacturing and expanding its retail footprint across major American cities. With new models like the 4 and 5 coming soon, Polestar is carving out a niche between luxury and performance — while keeping sustainability and design at the forefront.
EVinfo.net recommends fast, fun, reliable and high-quality EVs by Ford, Hyundai/Kia, Rivian, BMW, Mercedes-Benz, GM, Porsche, Volkswagen, Lucid Motors, Audi, Mini Cooper, Polestar, Volvo, Jeep, and Honda.
