Polestar CEO Thomas Ingenlath stated that the company surpassed its electric vehicle delivery goal for 2022. The automaker has been racing to meet demands and is striving to accelerate the shift. It is going beyond just producing zero-emission cars and going for more transparency in the industry.
The young EV maker is quickly building its brand. In April, Polestar partnered with rental giant Hertz to provide up to 65,0000 EVs. Polestar went public in June under the ticker PSNY, accelerating its growth strategy with a new platform and sources of funding. The Polestar 3, the company’s first electric SUV, officially made its debut in October with a 300-mile range and a price tag of $84,000. Polestar plans to expand its EV lineup with another SUV, the Polestar 4, in 2023 and the Polestar 5 sports sedan in 2024. More recently, Polestar says its planning for a “new era for sports cars” with its Polestar 6 electric roadster.
December @PolestarCars has been a crazy mission, with an all time high of deliveries. Team has been working extra hard right to the end of the year. Mission accomplished ☑️??
— Thomas Ingenlath (@ThomasIngenlath) December 30, 2022
Although Polestar is projecting into the future with its new electric vehicle models, the company is delivering on its goals in the present. The Swedish EV maker, backed by auto giants Volvo and Geely, has reiterated for the past several months, it’s on track to hit 50,000 electric vehicle deliveries by the end of the year. Polestar’s CEO, Thomas Ingelath, said on the company’s third-quarter earnings call, “we are a real car company, we are in production, we are putting cars on the road today, and we are delivering on our ambitious growth plan.”
Delivery goals
To solidify its success, Ingenlath replied to a comment on a previous post that read, “also, next important step is announcing that the 50K production goal has been met,” with a champagne emoji, in an apparent celebratory tribute.
In April, Hertz, the rental car company, expanded its EV fleet, ordering up to 65,000 Polestar electric vehicles, a significant deal considering the automaker only delivered 29,000 total in 2021. After going public on the Nasdaq exchange under the ticker PSNY in June 2022, Polestar has accelerated its growth strategy with a new platform and funding sources. The EV maker expanded its diverse premium EV portfolio in October, officially debuting the Polestar 3, its first electric SUV with a 300-mile range and a price tag of around $84,000.
Polestar’s CEO, Thomas Ingenlath, stated on the company’s Q3 earnings call, “we are a real [electric] car company, we are in production, we are putting cars on the road today, and we are delivering on our ambitious growth plan,” and it is showing in the company’s results.
