Polestar Automotive (NASDAQ: PSNY), a leading electric vehicle manufacturer, has begun delivering its Polestar 3 SUV. This announcement is a significant milestone as the company now offers three models to customers globally, including two SUVs.

The initial vehicles are being handed over to customers across two continents in the coming days, with deliveries set to accelerate throughout the summer. 

The first handovers of the new model were held at Polestar’s headquarters in Gothenburg, Sweden, with a special ceremony at the brand’s Cube, where customers received their launch edition Polestar 3. 

Similar handoff ceremonies will occur worldwide, with more deliveries scheduled in Germany, Norway, and the USA over the summer.

Thomas Ingenlath, CEO of Polestar stated: “This is an important milestone, the first deliveries of Polestar 3 to our customers. Polestar is becoming a global player with the most attractive electric product range.”

Polestar is a Swedish EV manufacturer determined to improve transportation by using design and technology to accelerate the shift to sustainable mobility.

Shares of Polestar Automotive trade on the NASDAQ under the ticker symbol PSNY.