Polestar's sales are sluggish and the market is facing many challenges

Polestar, the grandson of Geely and Volvo, has not performed well in the domestic market in recent years. In 2021, Polestar's domestic sales were only 2,048 units. In 2022 and 2023, although the official sales data has not been released, it is estimated through the number of new car compulsory traffic insurance that the sales in these two years were 1,717 and 992 units respectively. Entering 2024, the situation has not improved, with only 927 units sold in the first six months.