Polestar Doubled Sales And Revenue In The First Half Of 2022 | Carscoops carscoops ⚠️
. It agreed to sell the rental agency 65,000 vehicles and began delivering cars in June 2022, suggesting that vehicle deliveries will continue to be high in the second half of the year.also helped its gross profit increase 49 percent to $17.6 million. Polestar says that it is continuing to invest in expanding its reach. It now has 125 location and 934 service points in all markets, which are up 22 and 123 percent, respectively, since the end of 2021.
“We made important progress in the first half of 2022 as we doubled revenues and volume, and successfully listed on the Nasdaq stock exchange in New York,” said Thomas Ingenlath, Polestar’s CEO. “In addition, we maintained strong momentum in our global order take and expect to deliver 50,000 cars to our customers this year, meeting our 2022 sales guidance. With several ground-breaking cars to come, Polestar is poised for a period of rapid growth.