Polestar grows sales despite tough EV market conditions
Portfolio Pulse from
Polestar, a Swedish electric vehicle maker, reported a 5.3% increase in sales to 12,256 cars in the fourth quarter, despite challenging market conditions. The company also saw a 37.2% surge in order intake.
January 09, 2025 | 3:15 pm
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Polestar reported a 5.3% increase in sales and a 37.2% surge in order intake for Q4, indicating strong performance despite a challenging EV market.
The reported increase in sales and order intake suggests strong demand for Polestar's vehicles, which is positive for the company's financial performance and stock price. This is particularly notable given the challenging market conditions.
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