Polestar celebrates the 100,000th production milestone of the Polestar 2 in Luqiao, China. The electric vehicle will be delivered to a customer in Ireland and will feature a unique door sign to mark the production milestone.
“It’s an amazing achievement – especially given we launched the Polestar 2 during the pandemic. Thank you to the team and all our customers who have joined us on this exciting journey,” said Thomas Ingenlath, Polestar CEO.
Polestar 2 first shipped to consumers in July 2020. In Europe, the Polestar 2 is the No. 1 selling mid-range premium car. Over the nine months, fastback volume rose 63 percent to 17,994.
The company estimates it will deliver 50,000 electric vehicles worldwide by 2022.
Polestar targets Polestar 3 sales to reach 67,000 globally in 2024 and increase global sales to 290,000 cars in 2025.
Polestar posted a third-quarter operating loss of $196.4 million, down from $292.9 million last year, while revenue rose to $435.4 million from $212.9 million.