Swedish EV brand Polestar plans to expand retail operations into 7 new European markets by 2025, introduce non-genuine agency sales, and manufacture Polestar 3 SUV in the US.
Swedish EV brand Polestar plans to expand its retail operations into 7 new European markets by 2025, including France, and will introduce a non-genuine agency sales model. The company also plans to manufacture its Polestar 3 SUV in the US and is considering a factory in South Korea. Despite a 65% drop in share value year-to-date, Polestar's shares surged by up to 30% following the announcement.
June 17, 2024
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