Polestar reached its 2021 global sales goal of 29,000 cars, which was a increase of more than 185 percent on 2020, the Volvo Cars subsidiary said on Tuesday.
Polestar, which plans to go public via a merger with the special-purpose acquisition company Gores Guggenheim in the first half of this year, has an even tougher goal for this year: 65,000 sales.
CEO Thomas Ingenlath told Automotive News Europe he is cautiously optimistic the electric car maker, which relies on the Polestar 2 for the most of its current volume, will be able to boost sales by nearly 125 percent this year despite the ongoing chip crisis.
"So far, we have had no reason to adjust our outlook downward, but who knows how bad things will be. We will have to wait and see how 2022 develops," he said.
Polestar, which ranks itself alongside Tesla as the only global EV-only players in the premium market, will debut a new model each each year starting with the Polestar 3 premium large SUV in 2022.
It will be followed by the Polestar 4 midsize SUV and the Polestar 5 premium large sedan in 2023 and 2024, respectively. The aim is to reach global sales of 290,000 by 2025 (see chart, below).