Polestar Sales Figures – Europe Market

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Polestar Sales Data, Trends, Analysis & Current Lineup for the European Automotive Market

Polestar is the electric car brand from Volvo and its parent company Geely. The brand’s headquarters are in Gothenburg, Sweden and its production facilities are in Chengdu, China. Before becoming a standalone brand, Polestar started engineering Volvos for auto races in the late 2000s. In 2009 the company became the official Volvo partner to modify existing models, under the brand Polestar Performance, similar to how AMG started with Mercedes-Benz. Volvo eventually bought the company and brand in 2015, selling Polestar enhanced models directly through their dearlerships. In 2017, Volvo Cars and Geely Holding announced that Polestar would become a standalone brand focusing on electric cars. In 2020 production started of the brand’s first model, a high performance limited edition two door coupe with a plug-in hybrid powertrain called Polestar 1. Its second model Polestar 2 is an all-electric four door sedan that is squarely aimed at the Tesla Model 3.

Polestar Europe Sales Figures & Recent Highlights

Polestar sold 31,940 vehicles in Europe in 2022, up 263% from 2021. The company’s market share in Europe is 0.31%, up 74% over the same period. Polestar is a well-positioned automaker with a bright future. The company has a strong brand reputation, stylish and performance-oriented cars, and a commitment to sustainability. These factors will help Polestar to continue to grow in the years to come.

Polestar launched the all-new Polestar 3 electric SUV in Europe in 2022. The Polestar 3 is the company’s first SUV. Polestar also launched the all-new Polestar 2 electric sedan in Europe in 2021. The Polestar 2 is the company’s best-selling model in Europe. Polestar plans to launch a new electric performance car in Europe in 2023.

Polestar is a relatively new automaker, but it has quickly gained a following thanks to its stylish and performance-oriented electric cars. The company’s sales in Europe have been growing rapidly, and the Polestar 2 is one of the best-selling electric cars in the region.Electric vehicles are a growing segment of the automotive market in Europe, and Polestar is one of the leading brands in this segment. Polestar cars are known for their performance, which appeals to European customers. Polestar is committed to developing sustainable vehicles, which is a key factor for European customers.

Polestar Annual Sales, Growth and Market Share in Europe

Below we have a table that shows total Polestar sales volumes for the European automotive market, broken out by year. This data captures all Polestar vehicle sales for the entire European automotive market.

Year	Sales	YOY Change	US Marketshare	Marketshare Change
2020	21,014	0.00	0.19	0.00
2021	8,807	-58.09	0.08	-135.62
2022	31,940	262.67	0.31	74.41

Polestar Europe Annual Sales Units & Growth Chart

Below is a visual representation of Polestar Europe sales units over time. We have both the Polestar sales units and the market share in the European market. Click on the items in the legend to see each series by itself.

Polestar Europe Growth Rate & Market Share Chart

Below is the annual growth rate for the Polestar brand in Europe, shown against the Polestar’s marketshare changes in Europe. This gives you a good look into how Peugeot has faired against the other brands in terms of absolute sales and effect on marketshare. Click on the items in the legend to see each series by itself.