Polestar (NASDAQ:PSNY) reported first-quarter 2026 retail sales of 13,126 vehicles, representing a 7% increase compared with the same period in 2025, the company said in a statement.
The Swedish electric vehicle maker said the result marked its strongest first-quarter retail sales performance to date. In the first quarter of 2025, Polestar delivered 12,263 vehicles.
During the quarter, the company significantly expanded its retail footprint, increasing its sales network to 230 locations by the end of March, up from 154 sites at the end of the first quarter of 2025—a rise of about 50%.
“Following a record 2025, we’ve delivered our highest ever first quarter retail sales figure of 13,126 cars,” said Polestar CEO Michael Lohscheller. “Growth compared to the first quarter last year totalled 7%, with a strong performance in key markets such as Australia, Germany, Sweden, South Korea and the UK.”
Lohscheller added that the company’s results highlight its ability to maintain growth despite a challenging global environment and ongoing geopolitical uncertainty.
Polestar said it aims to expand its sales network to around 250 locations by the end of 2026, which would represent a 20% increase compared with the end of 2025.
The company currently offers four vehicle models and operates in 28 markets across North America, Europe, and the Asia-Pacific region, with vehicle production taking place in both North America and Asia.