"The Swedish automaker, which is owned by China's Geely, said it will start delivering its Polestar 5 grand tourer to customers this summer, followed by a new long-roof variant of its Polestar 4 in the fourth quarter. In early 2027, a "new successor" to the Polestar 2 will go into production. And in 2028, the company is planning to release a compact premium SUV as the Polestar 7."
"The news comes after Polestar reported strong sales growth in 2025, with the automaker's full-year sales reaching approximately 60,119 cars, a 34 percent increase over 2024. And while revenue for the first nine months of 2025 grew 49 percent to $2.17 billion, the company reported a significant net loss of $1.558 billion for the same period. Geely has stepped up several times to back Polestar with equity investments and loan guarantees."
"First on the list is the Polestar 5, which boasts 460 miles of range, an 800-volt architecture for ultra-fast charging, 884 horsepower, and 0-60mph in 3.1 seconds for the Performance trim. Polestar CEO Michael Longscheller calls the 5 "our brand halo car, bringing a new level of performance and luxury to the grand-tourer segment." The four-door GT is expected to cost upwards of $120,000 when it's released."
Polestar will introduce four new electric models across three years, including the Polestar 5 grand tourer this summer, a long-roof Polestar 4 in Q4, a successor to the Polestar 2 in early 2027, and a compact premium SUV as the Polestar 7 in 2028. The Polestar 5 offers 460 miles of range, 800-volt architecture, 884 horsepower, and 0-60 mph in 3.1 seconds for the Performance trim, with an expected price above $120,000. Full-year 2025 sales rose 34% to about 60,119 cars, and nine-month revenue grew 49% to $2.17 billion, alongside a $1.558 billion net loss. Geely has provided equity investments and loan guarantees to support operations.
Read at The Verge
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