Polestar delivered 9,215 cars in Q3 2022; on track to meet 50,000 annual target

Polestar EVs courtesy of Polestar

Swedish performance EV brand has reported its numbers for the third quarter of 2022. The company delivered about 9,215, according to a press release, bringing the total for the year to 30,400 units.

Polestar claims it will meet its 50,000 units global target for the year, thanks to increased production after Covid-related disruptions in China ceased. That means it will manufacture about 20,000 cars in the remaining three months of the year.

Here are the details of the Polestar 3 ahead of official debut on October 12th.

“We needed to catch up on production after Covid-19-related setbacks in China and we have. The majority of Polestar 2 cars set for delivery in Q4 are ready and making their way to our customers in 27 markets around the world, with the fourth quarter set to be our strongest on record yet. I am confident we will meet our target of 50,000 cars for this year,” said Polestar CEO Thomas Ingenlath.

Polestar will release a full report on November 11th, before the market opens in the US. Afterward, Ingelath and the company CFO will field questions during a live audio webcast.

The company completed an IPO earlier this year and reported $1 billion in revenue for H1 2022.

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