Overview
- Fourth‑quarter retail sales rose 27% to 15,608 vehicles, with full‑year deliveries reaching 60,119.
- Europe accounted for roughly 46,479 vehicles in 2025, a gain of about 56% year over year and around 77–78% of global volume.
- Polestar’s pivot to a dealer‑led, Europe‑first model expanded its sales network as it exited direct online emphasis and closed all 30 retail sites in China.
- The company secured up to $900 million in December financing from Geely and two European banks, including a $300 million equity investment by BBVA and Natixis supported by a Geely put option, after executing a reverse stock split to maintain its listing.
- Production now spans China, the United States and South Korea, with Polestar 4 added in Busan and initial shipments sent to Canada as the company works to ease tariff and supply‑chain pressures.