Polestar China Reportedly Regains Distribution Rights After Splitting from StarRise Meizu
6 day ago / Read about 0 minute
Author:小编   

Following the termination of its joint - venture partnership with StarRise Meizu in April of this year, Polestar Automobile China has undertaken a series of strategic adjustments. Polestar China has successfully reclaimed its distribution rights and is now under the direct operation of Polestar Automobile Sales Co., Ltd. Concurrently, the entity holding the 'Polestar Service Account' has also been updated to this very company. Moreover, the leadership of the China region has seen a change, with Hu Shiwen taking the helm as the new head.

In light of the swirling rumors regarding Polestar's potential withdrawal from the Chinese market, industry insiders have firmly refuted such claims. They emphasized that Polestar is committed to deeply cultivating the Chinese market. Presently, the company is actively and prudently expanding its sales network. As for the product lineup in the China region, the Polestar 4 is currently available for purchase. Meanwhile, customers can reserve the Polestar 3 and 5 models by paying a small deposit.

Financial data reveals that Polestar Automobile's revenue for the first half of 2025 soared to $1.423 billion, marking a significant year - on - year increase of 56.5%. However, the company also faced a wider net loss, which expanded to $1.193 billion, representing a year - on - year surge of 119.4%.

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