Polestar outlines four-model EV expansion through 2028

Geely-owned Polestar has acceptable retired plans to broaden its electrical conveyance (EV) portfolio with 4 caller models scheduled betwixt 2026 and 2028, arsenic portion of its adjacent maturation phase.

It represents what the Swedish EV shaper described arsenic “largest” merchandise enlargement successful its history.

The rollout volition statesman with the Polestar 5 four-door expansive tourer, with deliveries owed to commencement successful summertime this year.

Later this year, successful the 4th quarter, the institution intends to present a caller variant of the Polestar 4 SUV to widen the model’s lawsuit reach.

A next-generation successor to the Polestar 2 sedan is slated for aboriginal 2027, followed by the motorboat of the compact premium SUV Polestar 7 successful 2028.

The institution expects retail volumes to turn astatine a debased double-digit complaint successful 2026.

Polestar reported retail income of 60,119 vehicles successful 2025, representing a 34 % summation compared with 2024.

Fourth-quarter retail income successful 2025 were reported astatine astir 15,608 units, up 27 % twelvemonth connected year.

Alongside the merchandise expansion, Polestar plans to summation its retail web by astir 30% arsenic it continues shifting towards nonstop income and raises the stock of Polestar 4 wrong its wide income mix.

The institution said it recorded its highest yearly retail income successful 2025 contempt geopolitical and economical headwinds.

It intends to usage its expanded exemplary scope and broader retail footprint to enactment maturation done 2028.

Polestar CEO Michael Lohscheller said: “Following our champion income twelvemonth ever, we are present launching the largest exemplary violative successful our history, with 4 premium EVs coming to marketplace wrong 3 years. We are targeting the bosom of the EV market, wherever lawsuit request and nett pools are high.

“Combined with our continued retail income web enlargement and a increasing lawsuit base, we are mounting the foundations for profitable maturation and operational improvement.”

Earlier this month, Polestar announced a $400m equity concern by Feathertop Funding Limited and Standard Chartered Bank (Hong Kong) Limited - $200m from each.

Concurrent with the purchase, the 2 fiscal institutions person each entered into a enactment enactment statement with Polestar, which provides the fiscal institutions with an exit path, if needed, successful 3 years with definite returns, arsenic portion of this equity financing arrangement.

"Polestar outlines four-model EV enlargement done 2028" was primitively created and published by Just Auto, a GlobalData owned brand.

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