Polestar saw first half sales increase by 125% to 21,200 as it expanded its business worldwide.
The Swedish company, which listed on the Nasdaq New York stock exchange in late June, said order take rose to 50,000 since the start of 2022, up more than 350% year-on-year.
Polestar expanded its presence during the first six months of 2022 from 19 markets to 25, while the number of retail locations rose from 103 to 125, with approximately 30 more expected to open by the end of 2022.
This increased retail presence drove the number of test drives up by over 210%.
The next major step for Polestar will be its entry into the SUV segment with the global launch of the electric performance SUV, Polestar 3, in October. The group has a target of achieving a 10-fold increase in sales.
“It is great to see that the number of enthusiastic Polestar 2 customers is growing so quickly,” says Polestar CEO, Thomas Ingenlath.
“I am very confident that the strong momentum we have seen this year in brand awareness and sales figures will accelerate powerfully in the coming years as more ground-breaking cars are revealed.”