Polestar’s Q3 2024 outcomes have revealed that the automaker noticed a 14% drop in car deliveries within the third quarter. This was regardless of Polestar providing new fashions in its lineup for customers.
As famous by Polestar in a press launch, it was capable of hand over 11,900 autos to customers within the third quarter of 2024. Compared, it was capable of full 13,900 handovers in Q3 2023. Amidst these outcomes, new Polestar CEO Michael Lohscheller famous that the corporate is conducting a strategic overview of its operations.
“Polestar has a terrific basis to construct upon, with entry to the very best EV know-how, a world manufacturing functionality, and robust assist from Geely. Along with the administration workforce, we’re conducting a overview of our technique and operations, to set out a transparent path for Polestar’s improvement.”
“A key to our future success would be the improvement of our business capabilities: going from displaying to actively promoting automobiles. Adopting a extra energetic gross sales mannequin is already supporting our ambitions, as the primary markets to implement it are displaying strong order consumption,” he mentioned.
An replace on this technique is predicted to be launched on January 16, 2025, along with the corporate’s Q3 monetary and operational highlights. Polestar administration may even be internet hosting its earnings name on the day.
As famous in a report from electrive, a great portion of of Polestar’s gross sales as we speak is sill comprised of the Polestar 2, a car that was as soon as positioned as a Tesla Mannequin 3 rival. Geely can be constructing the Polestar 4 and the Polestar 3 is in sequence manufacturing. Contemplating the corporate’s extra sturdy choices, it could be fascinating to see how Polestar’s gross sales maintain up within the coming quarters.
Don’t hesitate to contact us with information suggestions. Simply ship a message to [email protected] to offer us a heads up.
