Polestar Discloses 3Q Deliveries, Sees 2024 Revenue In Line With Last Year

Dow Jones10-11

By Denny Jacob

Polestar said it delivered about 11,900 cars in the third quarter, and forecast full-year 2024 revenue would come in similar to last year.

The Swedish electric-car maker said the third-quarter vehicle deliveries bring the total for the first nine months of the year to 32,300.

Polestar also said it expects to achieve a positive gross margin in the fourth quarter, citing current market conditions and announced import duties impacting the automotive sector.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

October 11, 2024 08:10 ET (12:10 GMT)

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