Polestar launches Polestar 7, a new compact electric SUV, aiming for significant sales growth in Europe.

Polestar, a Swedish electric carmaker, has announced the Polestar 7, a new compact SUV set to be built in Europe, aiming to boost sales and profitability. The company aims for sales growth of 30-35% annually from 2025 to 2027 and expects to achieve positive financial metrics by 2025-2027. Polestar 7 will join models 2, 3, 4, and the upcoming Polestar 5, with plans to expand retail locations in Europe and increase revenue from carbon credits.

2 months ago
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