Polestar’s Q3 report reveals the company is both accelerating and hitting speed bumps. The company’s third quarter of 2023 tells a story of growth, challenge, and strategic reorientation. Polestar’s revenue soared to €571 million, a robust 41% year-on-year increase. This growth is primarily fueled by the price hikes for the 2023 and 2024 model years, alongside an expansion in vehicle sales across various markets. The delivery of 13,976 cars is a 51% yearly increase and it underscores Polestar’s growing appeal in the electric vehicle market. Polestar 3 Despite the revenue uptick,… More…