US EditionPolestar May Exit China; Just 69 Units Sold in 1H 2025
6 Articles
6 Articles
EV brand Polestar isn't having much success in China. Sales figures are so poor that it's abandoning the market, according to Chinese media.
Market exit in China looms for Polestar
Polestar’s presence in China, once considered a crucial pillar of its global electric vehicle ambitions, is rapidly eroding. The Swedish-Chinese brand has seen its retail footprint in the country shrink to a single store in Shanghai, while online sales have been suspended and test drives are only available by phone appointment. For many observers, this signals more than a strategic pause, but may mark the beginning of a full market withdrawal. T…
Selling cars in China today means fighting the strongest competition in the world. Even brands that we wouldn't expect to fail there, like Polestar, which is essentially a domestic brand in China and offers advanced technology from Geely.
Polestar may exit China; just 69 units sold in 1H 2025
Polestar may be fully withdrawing from the Chinese market by the end of this year, Car News China has reported, citing Chinese news outlet NBD Auto. This is reportedly due to poor sales, as well as significant organisational restructuring in the region, the report wrote. The Geely-owned Swedish brand has sold just 69 vehicles in China in the first half of this year, during which it experienced zero sales in the months of April and May. This cont…
China’s success with electric cars can also be the cause of the country’s recession. It is estimated that there are more than 130 different brands in the country competing for a piece of the juicy cake. Excessive competitiveness, coupled with excessive expectations, has plunged the industry into a bloody price battle. Cars are getting cheaper and narrower margins. Many brands are in serious danger of going bankrupt. Now the problems come to anot…
Polestar kämpft in China mit drastischem Verkaufsrückgang
Polestar steht in China vor einem tiefgreifenden Umbruch. Die Elektroautomarke mit schwedischen Wurzeln und chinesischem Eigentümer hat im ersten Halbjahr 2025 nur noch 69 Autos in China verkauft – im April und Mai blieb der Absatz komplett aus. Im März war es ein einziges Exemplar, im Juni immerhin sechs. Zum Vergleich: Im Vorjahr waren es noch 1864. Während weltweit 30.300 Autos ausgeliefert wurden, geriet das China-Geschäft somit nahezu zum E…
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