Polestar Sales Data, Trends, Analysis & Current Lineup for the European Automotive Market
Polestar is the electric car brand from Volvo and its parent company Geely. The brand’s headquarters are in Gothenburg, Sweden and its production facilities are in Chengdu, China. Before becoming a standalone brand, Polestar started engineering Volvos for auto races in the late 2000s. In 2009 the company became the official Volvo partner to modify existing models, under the brand Polestar Performance, similar to how AMG started with Mercedes-Benz. Volvo eventually bought the company and brand in 2015, selling Polestar enhanced models directly through their dearlerships. In 2017, Volvo Cars and Geely Holding announced that Polestar would become a standalone brand focusing on electric cars. In 2020 production started of the brand’s first model, a high performance limited edition two door coupe with a plug-in hybrid powertrain called Polestar 1. Its second model Polestar 2 is an all-electric four door sedan that is squarely aimed at the Tesla Model 3.
Polestar Europe Sales Figures & Recent Highlights
Polestar Annual Sales, Growth and Market Share in Europe
Below we have a table that shows total Polestar sales volumes for the European automotive market, broken out by year. This data captures all Polestar vehicle sales for the entire European automotive market.
| Year | Sales | YOY Change | US Marketshare | Marketshare Change |
|---|---|---|---|---|
| 2020 | 21,014 | 0.00 | 0.19 | 0.00 |
| 2021 | 8,807 | -58.09 | 0.08 | -135.62 |
| 2022 | 31,940 | 262.67 | 0.31 | 74.41 |
Polestar Europe Annual Sales Units & Growth Chart
Below is a visual representation of Polestar Europe sales units over time. We have both the Polestar sales units and the market share in the European market. Click on the items in the legend to see each series by itself.
Polestar Europe Growth Rate & Market Share Chart
Below is the annual growth rate for the Polestar brand in Europe, shown against the Polestar’s marketshare changes in Europe. This gives you a good look into how Peugeot has faired against the other brands in terms of absolute sales and effect on marketshare. Click on the items in the legend to see each series by itself.
The Best-Selling Polestar Cars & SUVs in Europe
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