Polestar announced another strong sales quarter for the Swedish automaker with a total of 18,049 vehicles sold to close out Q2 of 2025.
This represents the second consecutive quarter of gains for the company, marking the end of a strong first half of the year. The first six months of 2025 saw Polestar sell 51% more vehicles than in the same period in 2024, and this number is expected to increase further with the release of the Polestar 5 later this year.
This latest sales news prompted a positive market reaction, with Polestar shares rising 5% in after-hours trading.
Polestar has faced significant market challenges in the United States to start the year; however, its popularity in Europe continues to drive the brand’s growth. European sales this quarter accounted for 76% of the brand’s total sales, while US sales decreased by 56%, primarily due to the high import tariffs imposed by the Trump Administration.
Polestar announced earlier this week that the Polestar 7, a SUV model that is expected to sell well in the North American market, will be produced at a Volvo facility in Slovakia to minimize the company’s exposure to Chinese tariffs. However, the rest of the lineup will continue to be produced in Volvo or Geely-owned facilities in mainland China.
Polestar was not alone in the EV segment in seeing a drop in sales in quarter two in the US, as Rivian and Tesla also announced drops in second-quarter deliveries earlier this month.
