'Polestar Opens Its First Electric Vehicle Retail Location In North Carolina'
Portfolio Pulse from Benzinga Newsdesk
Polestar, a Swedish electric vehicle manufacturer, has opened a new retail location in North Carolina, marking its debut in the Carolinas. The new location is part of the brand's expansion in the American Southeast. The company has seen a significant shift in the automotive market, with many people choosing to drive electric. All 31 Polestar Spaces in North America now feature Polestar 3 SUV display prototypes in their showrooms. The Polestar 3 is available to order now with deliveries set to begin in Q2 2024.
September 22, 2023 | 1:46 pm
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Polestar's expansion into North Carolina and the broader American Southeast could potentially increase the company's market share and sales in the region. The showcasing of Polestar 3 SUV prototypes in all North American locations could also boost interest and pre-orders for the vehicle.
The opening of a new retail location in a region that has seen a 50% increase in EV registrations indicates a strategic move by Polestar to tap into a growing market. The showcasing of Polestar 3 SUV prototypes in all North American locations could generate interest and lead to increased pre-orders for the vehicle, potentially boosting the company's sales and stock price.
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