The Polestar universe expands
About 14 billion years ago (it's estimated), the universe burst into existence. Ever since, it's been expanding outwards. And though it's only been four years, as opposed to 14 billion, since the creation of the Polestar universe, it's already experienced growth at a breakneck speed. As we head into a new year, our global presence continues to expand at an accelerating pace.
In 2020, we began full-scale activity in ten global markets. Today, we're up and running in 19 markets, having added Austria, Denmark, Finland, Australia, New Zealand, Iceland, Luxembourg, Singapore, and Korea as home addresses.
The first half of 2022 will see us establishing ourselves in Hong Kong, Spain, Portugal, and Ireland. Israel, UAE (United Arab Emirates), and Kuwait are planned to be added to the Middle East market footprint.
"We have driven tremendous growth since beginning full-scale activity in 2020, underpinned by organic market expansion, strong interest in our award-winning Polestar models and benefits from retail tailwinds," says Thomas Ingenlath, Polestar CEO.
He continues: "Longer-term, this expansion will be fueled by our plan to launch a new car every year for the next three years. These are the foundations of our rapid growth strategy."
By the end of 2023, we're expected to be active in 30 global markets. Because much like space, the expansion pace of the Polestar universe isn't waning.
The End of the Beginning
As of today, June 24th, Polestar is listed on the Nasdaq in New York under the ticker PSNY. This allows us to welcome shareholders, as well as customers, to join our journey towards more sustainable electric performance. This is a confirmation that Polestar has come of age. An end of the beginning. And a beginning of something more.
All aboard: the Polestar Referral program
Enthusiasm is contagious. Upon discovering a new hobby, restaurant, or band that you cannot get enough of, the urge to spread the word to friends and family is never far behind. After all, sharing is caring. The path towards greater electric mobility is indeed a journey of shared excitement. And we know that getting behind the wheel of an EV can have the same impact. Which is why we're launching the Polestar referral program.