Polestar Reaches Production Milestone Of 150,000 Cars As Upgraded Polestar 2 Deliveries Commence
Portfolio Pulse from Benzinga Newsdesk
Polestar has started deliveries of the upgraded Polestar 2, marking a production milestone of 150,000 cars since 2020. The company has seen significant growth, particularly in the UK where it has been the fastest growing car brand in the first seven months of 2023. The upgraded Polestar 2 features improved software, better quality, longer range, and faster charging.
August 23, 2023 | 1:16 pm
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Polestar, listed as PSNY, has reached a production milestone and started deliveries of an upgraded model, indicating strong growth and potential revenue increase.
The news indicates that Polestar is experiencing strong growth, particularly in the UK market. The start of deliveries for the upgraded Polestar 2, along with the production milestone, suggests increased sales and potential revenue growth. This is likely to have a positive impact on the company's stock price in the short term.
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