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Swedish EV maker Polestar plans to enter seven markets in 2025

By Economic Times - 3 months ago
Polestar plans to expand into seven new markets in 2025 to boost sales and counter a 40% drop in deliveries in Q1, aiming to reach 155,000-165,000 cars delivered by 2025. The move comes as the global EV market faces challenges like high interest rates and slow charging infrastructure growth. Polestar's delayed Q1 results are expected by the end of June. U.S.-listed shares rose 7% on the news.

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