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Polestar reduces Q4 loss, eyes 60% sales increase this year

Polestar 2 23 2.jpg
The starting price for the entry Polestar 2 rises 3.5 percent to 50,190 euros in Germany while the brand's other variants will get a price hike of 10 to 12 percent in Europe's largest market
DA
By:
Douglas A. Bolduc
March 02, 2023 01:10 PM

Polestar cut its fourth-quarter operating loss as revenue grew 67 percent to $985 million on strong sales of its Tesla Model 3 rival and lower costs.

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