Ecar News Polar Star Auto recently said that it expects to expand its global business to at least 30 markets by the end of 2023.
In 2021, Polestar achieved its global sales target of 29,000 units, an increase of 185% year-on-year. In 2021, Polestar's global business expanded from 10 to 19 markets, with growth mainly coming from Europe and the Asia-Pacific region. In the first half of 2022, Polestar plans to continue to expand into the European market, entering Spain, Portugal and Ireland, as well as entering the Middle East markets such as the United Arab Emirates, Kuwait and Israel.
In addition, the number of Polarstar's global retail outlets will more than double in 2021 by more than 100; this number is expected to increase to 150 by the end of 2022. In addition to polestar space in the city center, Polestar has also launched a new concept polestar destination located on the outskirts of the city and with a larger space. The first Polestar Destination officially opened in December 2021 on the outskirts of Gothenburg, Sweden.
Polestar China achieved a year-on-year growth rate of 471% in 2021, and the retail network increased from 15 to 20. In 2021, Polestar announced plans to launch three new models over the next three years. As a luxury high-performance pure electric SUV, the Polestar 3 will be launched in 2022 and will also be the first Polestar model to be produced in both China and the United States.