Polestar expects to end 2022 having delivered 50,000 units of its electric cars. At the moment, the objective seems distant, although its CEO is convinced that it will be so.
Polestar aspires to become one of the largest electric car manufacturers today. Despite having, for now, only one “popular” model, the Swedish firm has declared significant sales and registration figures in recent months. However, they are still far from meeting their goal of delivering 50,000 cars by 2022, and time is running out.
As of today, Polestar presents a total of 30,400 cars delivered around the world. This means that they still have around 20,000 units to deliver in the remainder of the year even though, as officially confirmed by the brand, they have already manufactured those 50,000 vehicles that are still undelivered and unregistered.
In a recent interview conducted by Yahoo Finance with the CEO of Polestar, Thomas Ingenlath, the manager expressed his conviction that the electric car brand will reach its goal by 2022. However, contrary to what can be imagined, the top executive stated that its profits as a company declared throughout the first 9 months of the year are not remarkable, but what is relevant is that Polestar will reach its delivery target for this year.
“The main message for me is that we are on track to deliver 50,000 cars this year. So the cars are being produced, they are on their way to be delivered and we are sailing towards the end of the year with more and more car deliveries”, stated the CEO during his speech. “Being an emerging brand supported by Volvo makes all the difference. We can work with very experienced employees, and also with already established logistics”, he pointed out.
Although the manager has stated that the Polestar 2 and its concept of a ” popular electric car ” has been an important support for the company, the truth is that with the launch of the Polestar 3 he expects 2023 to be much more prominent in terms of number sales thanks to the new electric SUV.
Once the stabilization of manufacturing and deliveries of the Polestar 3 is complete, the brand will begin with the launch of the rest of the electric models that are already being developed. Later the Polestar 4 will arrive, an electric SUV positioned below the Polestar 3. Next, in 2025 the Polestar 5 will land, an electric saloon; while, finally, the company’s first commercial cycle will culminate in 2026 with the launch of the Polestar 6, its luxury electric convertible.
However, despite the good aspirations of the brand, they have recently received a round of financing of 1,600 million dollars from Volvo and PSD, which will help to capitalize on the progress throughout 2023.
The current objective of delivering 50,000 units in 2022 will be significantly multiplied for next year, where they hope to exceed the psychological figure of 100,000 cars registered worldwide.