Polestar Expands to France with 84% Revenue Growth

Sunita Somvanshi

Swedish electric carmaker Polestar is finally entering France in 2025 after a three-year pause in global expansion, making it the company's 28th market worldwide.

Photo Source: Polstar

French customers can now order the sleek Polestar 2, Polestar 3 SUV, and Polestar 4 SUV coupe, with first deliveries starting this October.

Photo Source: Polestar Investors – News Release Page

With prices ranging from €46,800 to €79,800, Polestar aims to capture the premium EV segment in one of Europe's fastest-growing electric vehicle markets.

Photo Source: Economic Times Auto

Why was Polestar's French debut delayed for years? A logo dispute with Citroën claimed Polestar's emblem looked too similar to its DS brand.

Photo Source: Jacob Oliva

The legal battle was finally settled in 2022, clearing the path for Polestar's French market entry that's happening now.

Photo Source: Channel Futures

Polestar's first French showroom opens in iconic racing town Le Mans this July, with plans for ten locations across major French cities by year-end.

Photo Source: Polestar

Behind the expansion is impressive growth: Polestar's revenue jumped 84% to $608 million in Q1 2025, with gross margins improving to 7%.

Photo Source: MarketScreener

Europe already accounts for 75% of Polestar's global sales, with the UK currently its largest market.

Photo Source: Reddit

The company believes France could soon join the UK and Sweden as one of its top three European markets.

Photo Source: Polestar Official

Despite ambitious plans for 30-35% annual sales growth through 2027, Polestar recently paused financial guidance due to uncertainty about international tariffs.

Photo Source: Polestar official site