Polestar Automotive Holding (NASDAQ:PSNY) said it delivered about 13,150 cars in the second quarter, up 82% from the sequential quarter.

Global deliveries for the first six months of the year were 20,371, and the company saw strong momentum, especially in the U.S., Sweden, Norway, and Germany.

“Sales momentum seen in the second quarter has had a positive impact on inventory levels and cash flow, and we will continue to work hard on this… I am a bit of a freak. I like working with cash flow. I think this is very fun and obviously, it’s very important. I firmly believe that there are a lot of things that can be done on this front,” CFO Per Ansgar said on the Q2 earnings call with analysts.

During the quarter, the company said it secured up to $300M in external funding, which is intended to be used for general corporate purposes.

At the end of the quarter, $669 million of cash and cash equivalents on the balance sheet was available.

Revenue fell 17% to $574.9M, mainly due to lower global vehicle sales and higher discounts, the company said.

Shares of Polestar (PSNY) rose as much as 21% to $1.15 during trading session on Thursday.