Polestar has entered into a strategic partnership with blockchain provider Circulor. One element of the partnership is the tracking of CO2 equivalents through the supply chain. This is intended to help achieve Polestar’s goal of building a carbon-neutral car by 2030.
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Polestar has raised US$550 million from a group of long-term financial investors. With this private placement of newly issued shares, the company says “for the first time, external financiers demonstrated their confidence in Volvo’s electric car brand”.
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In the UK, Octopus Energy Group‘s EV arm, Octopus Electric Vehicles has launched a new leasing service called Electric Dreams. The service aims to help employees make the switch to clean driving easier and cheaper.
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Polestar is expanding the range for its purely electric hatchback Polestar 2. Three drive trains are now available. In addition to the already available dual-motor drive with 300 kW output and a 78 kWh battery, there are now also two variants with front-wheel-drive.
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German industrial designer Konstantin Grcic has teamed up with electric car brand Polestar, aluminium manufacturer Hydro and electric motorcycle maker Cake to create a concept of a multifunctional electric cargo vehicle for the city of the future called ‘Re:Move’.
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EV charging network operator ChargePoint and Volvo’s electric car subsidiary Polestar announced a new charging partnership. The debut includes an in-vehicle charging app for the Polestar 2 electric sedan.
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Polestar, Volvo’s electric car brand from Sweden, says it was expanding its retail presence across the United States with plans to open new Polestar Spaces in 15 cities by the end of this year. First cities will see the showrooms open within a few months.
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Volvo owner Geely and Volvo Cars have announced that they will forego their proposed merger and instead significantly deepen their existing cooperation as two separate companies. This includes, among other things, expanded joint use of modular architectures for electric cars.
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Volvo subsidiary and electric car manufacturer Polestar is in talks with investors to raise at least 500 million US dollars. At this stage, the corresponding financing round has not yet been concluded.
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The problems with the Polestar 2 are apparently more serious than previously assumed. In an official statement, Polestar has announced a recall campaign so the company can replace defective inverters in most of the customer vehicles delivered.
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PSA has temporarily halted the market launch of Polestar in France with a lawsuit. PSA claims that the logo of the Swedish-Chinese electric car brand is too similar to those of Citroën and DS.
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Geely plans to build a new plant in the Chinese city of Chongqing, where electric cars will be produced for the Polestar brand. The new plant is reported to plan production capacities for “30,000 premium electric vehicles” annually.
Weiterlesen The US EPA has published its range ratings for the all-electric models Volvo XC40 Recharge and Polestar 2 with surprisingly low values: 208 miles (335 km) for the Volvo XC40 Recharge and 233 miles (375 km) for the Polestar 2.
Weiterlesen Following reports of problems with the all-electric Polestar 2 after deliveries started a few weeks ago, Polestar confirmed that they detected “a software error in the battery power control module, which, in very rare cases and without warning can lead to a loss of drive”.
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Polestar announced that the Polestar Precept concept presented earlier this year would go into production. CEO Thomas Ingenlath said it would take “at least three years” before the company can begin producing the fully electric four-door Grand Tourer.
Weiterlesen After Polestar started European delivery of the purely electric Polestar 2 at the end of July in Sweden and Norway, customers in Germany are now getting their turn.
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Polestar has started deliveries of the Polestar 2 earlier than planned. The first European customer vehicle has now been handed over at the company’s headquarters in Gothenburg, which is ahead of schedule and was not supposed to take place until August.
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Volvo Cars, with its Polestar and Lynk & Co. brands, has entered into a strategic partnership with Waymo. They aim to integrate Waymo’s technologies for autonomous driving into a new electric vehicle platform for ride-hailing services.
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The first delivery of purely electric Polestar 2 has arrived for customers in Europe. The vehicles are now being prepared in Belgium for further transport – but not to the UK, Germany and the Netherlands quite yet.
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Polestar will be cooperating with Plugsurfing in Europe to offer its customers access to the 195,000 charging points of the Plugsurfing network. This should make public charging easier across national borders.
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Polestar has announced their first retail partners for the US market, which will help Volvo’s plug-in brand to set up a network of so-called Polestar Spaces in New York and Los Angeles as well as San Francisco this year.
Weiterlesen Polestar has published the prices for its first purely electric model in the USA. The list prices of the Polestar 2 start at 59,900 US dollars: The battery-electric car qualifies for the federal tax credit of 7,500 dollars.
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At the end of February, Polestar presented the Precept, as a preview of future electric models. More details were to be revealed at the Geneva Motor Show in March, but since the car show was cancelled, Polestar has now revealed slightly more about the company’s design direction with the Precept.
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In Luqiao, China Polestar has kicked-off series production of the Polestar 2 BEV. The Volvo subsidiary’s all-electric car is to be launched on the European market first, with deliveries planned to start summer 2020 before coming to the US and China.
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Volvo’s electric car brand Polestar registered a wholly-owned subsidiary in Shanghai on 11 March. Polestar calls its China spin-off Jixing Automobile and has tasked it with the wholesale and retail of vehicles and auto parts.
Weiterlesen Polestar has shown a foretaste of future electric models of the brand under the name Precept. The concept is a fully electric four-door Grand Tourer, which will be presented at the Geneva Motor Show in March.
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Following the Polestar 1 PHEV model, Polestar will also be offering the all-electric Polestar 2 in Switzerland starting next year. It will be the seventh European market for the first BEV from Sweden.
Weiterlesen Volvo’s luxury branch Polestar now offers its first electric model with new leasing rates in Sweden and Germany. The Polestar 2 starts from €599 a month in Germany based on 48 months and mileage of 10,000 kilometres per year.
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Volvo presented its first battery-electric car, based on the compact SUV XC40. The model aptly named Recharge uses much technology from the Polestar 2, but it will be almost a year before the car is on the road.
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The Volvo and Geely electric car subsidiary Polestar has published the final list prices for Polestar 2 in European countries where the Tesla Model 3 competitor will be launched. In the UK, for example, the base price is 49,900 GBP.
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