Polestar Automotive Reports Lower Q2 Sales
MT Newswires Live07-09 19:42
Polestar Automotive (PSNY) said Thursday that it sold 17,296 vehicles in Q2, down 4% from a year earlier.
For the first half of 2026, Polestar reported retail sales of 30,423 vehicles, a 0.4% increase from the same period last year.
"We continue to expand our retail sales network, which now stands at 235 sites, a growth of 39% compared to last year and remain focused on execution across the business, as we enter an important phase of new model launches in the coming months," Polestar CEO Michael Lohscheller said.
Shares of Polestar Automotive, which is majority-owned by China's Geely Holding, were up more than 5% in pre-bell activity.
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