Has Polestar finally turned the corner? The Swedish automaker, spun off by Volvo nearly a decade ago, had a very good year in 2025 – and is looking to keep the momentum going as it prepares to roll out a series of new products, starting later this year with the debut of the Polestar 5.
Polestar 4 gets a second, wagon-like variant next year.
For a while, it looked like things weren’t going very well for Polestar, the Swedish EV subsidiary of China’s Geely. Sales weren’t gaining much momentum. Its finances were a mess and its original CEO was forced out. But things have suddenly begun looking a bit better.
Not only did Polestar deliver a 34% surge in sales last year, but it is getting ready to roll out an assortment of new and updated products, the automaker promising its “largest model offensive in history” in a teaser released Wednesday.
Among other things, we’ll see an updated version of the Polestar 4 by the end of this year, as well as the all-new Polestar 5. And there’ll be still more to follow – though the company appears to be pushing back the launch of its eagerly awaited roadster.
What’s coming?
It’s unclear if we’ll get the new Polestar 2 in the U.S. due to tariffs.
In 2025, Polestar’s retail sales grew 34% worldwide to 60,119, including 5,747 in the United States. That’s all the more significant considering it was down 15% in 2024. The Volvo spin-off is looking to book “low double-digit volume growth” in 2026, even if the U.S. doesn’t come through following the phase-out of EV tax credits last September.
One factor that could help is the planned 30% growth of the Polestar dealer network. The carmaker is expanding into more countries and, in the U.S., more cities and states.
Product should be the big draw, however, as it proved to be with the launch of the Polestar 4 which reached U.S. showrooms last June. All told, Polestar plans to roll out four new product lines over the next three years, including the next-generation Polestar 2, the brand’s first all-electric model.
Coming to America – eventually
The Polestar 02 Roadster Concept.
The updated Polestar 2 is scheduled to arrive by early 2027. It will follow the launch of the all-new Polestar 5, a sporty four-door expected to punch out as much as 884 horsepower, depending upon its configuration. The downside is that the 5 will first appear in China – where it’s assembled – before undergoing “a staggered approach to the launch.” According to a statement from the company, “Availability for customers in the U.S. will be announced at a later date.”
Also uncertain is the timing of the vehicle that will serve as the EV brand’s new halo car, the Polestar 6. Widely expected to come in at as much as $200,000, the roadster will be based on the Polestar 02 Convertible Concept unveiled in 2022. In show car form it made 884 hp, could hit 60 in 3.2 seconds, and top out at an electronically limited 155 mph.
A production version was originally scheduled to reach showrooms in 2026 but that’s been pushed back, according to a report by Motor1, making it sound more and more like the endlessly postponed second-generation Tesla Roadster. According to Theo Kjellberg, Head of Corporate Communications, more mainstream products must come first. “The focus right now is getting the Polestar 4 variant, Polestar 2 successor and Polestar 7 completed and on the market. After that, we can turn to Polestar 6. So, by that logic, not before 2028.”
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What else is in the works?
Polestar’s next SUV will be the 7, but likely not arriving for several more years.
It might seem odd to hear there’s an update coming to the Polestar 4 considering the quirky rear window-less EV just went on sale eight months ago. Based on a press release quoting new CEO Michael Lohscheller the update will be “”combining the space of an estate and the versatility of an SUV.” So, not quite wagon, not quite crossover. It sounds like some of the almost-wagons we’ve seen from Audi and Volvo over the years, or the Crown Signia from Toyota.
Considering the lackluster demand for wagons in the U.S. it seems odd, but Polestar says the 4 variant is slated to make its way to the States by the fourth quarter of this year. The fate of the Polestar 2 is less certain, at least for American motorists. Since it will come from a plant in China it continues to face the prospect of tariffs that would simply price it out of competition. Final plans are still under discussion.
If you aren’t getting lost amidst all these numbers, consider there’s still one more product in the works: the Polestar 7. And this one sounds particularly well-suited for the U.S., adopting a more SUV-like body style. Details are scarce so we will have to wait to see how it stacks up against Polestar’s current utility vehicle, the 3. The Polestar 7 still is a couple years away from production.
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