Polestar postpones profit target, plans to expand global retail network

Polestar's latest forecast shows that the company will achieve positive free cash flow in 2027, two years later than the previous target of 2025. In order to drive a 30% to 35% compound annual sales growth rate in the next three years, Polestar plans to increase its market coverage by launching new models and expanding its global retail network from 140 to more than double.