Swedish EV-maker Polestar, said on Friday, after months of delays in turning in its financial reports, that its 2023 revenue fell about 3% as it grappled with slowing demand for its higher-priced models.

The company reported revenue of $2.38 billion for fiscal year 2023, down from $2.45 billion from restated 2022 figures.

Polestar said it will report its first-quarter results and second-quarter volumes on July 2.

(Reporting by Arsheeya Bajwa and Akash Sriram in Bengaluru; Editing by Tasim Zahid)