Polestar Exiting US Market

[alarmguy]

Less than 6000 Polestars sold in the USA for the entire 2025 year. That is DOWN 58% from 2024 and market share down 146% from 2024
Not a great loss... now, opening the gates to BYD and others would be nice.

USA cars are way to expensive and buyers forced to buy cars loaded with options that they do not ever use or if given the choice would accept less.

 

[Astro14]

Yeah - the luxury EV market in which Polestar was positioned is pretty crowded space.

The mid-range and economy EV market is sparsely populated with options.

But that’s true for the automobile market in general. Lots of expensive options, not a lot of options in the economy segment.

 

[Pablo]

People can be bipolstar.

 

[K-Man]

The elephant in the room no one is mentioning is that Polestars are expensive. New ones are north of US$50,000. The Polestar 3 was over $60,000 until a recent incentive dropped the price.

Even with Polestar's connection to Volvo, most potential EV buyers look at that price as far too much for a vehicle made in China. $20,000 should have been the price point, not $50,000. Yeah, yeah, I know, "it's a luxury vehicle". Spare me. They're still made in China.

So it could be that Polestar was already on thin ice and would have left the US market anyway. The drop in sales figures suggest something would have had to give.