Tag: Polestar

Nov 4, 2020 - 04:30 pm

Polestar in talks for fresh financing round

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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Oct 31, 2020 - 02:04 pm

Polestar announces wider recall

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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Oct 26, 2020 - 01:45 pm

Geely plans a CO2-neutral Polestar plant in China

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.

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Oct 7, 2020 - 03:04 pm

EPA rates Polestar 2 and Volvo XC40 ranges

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.

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Oct 4, 2020 - 06:23 pm

Recall of 2,000 Polestar 2 electric cars confirmed

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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Sep 27, 2020 - 12:27 pm

Polestar showcar Precept to make it into the series

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.

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Jul 30, 2020 - 01:37 pm

Polestar 2 deliveries in Europe start ahead of schedule

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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May 19, 2020 - 01:39 pm

Polestar announces US retail locations

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.

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Apr 24, 2020 - 02:35 pm

Polestar 2 pricing out for the USA

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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Apr 8, 2020 - 10:00 pm

Polestart teases more details regarding Precept

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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Feb 25, 2020 - 05:09 pm

Polestar Precept shows a design future

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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Nov 28, 2019 - 02:12 pm

Polestar 2 will be offered in Switzerland

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.

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Sep 13, 2019 - 03:20 pm

Volvo & Polestar to charge into Australia in 2020

The notoriously underserved electric car market in Australia can look ahead to a better 2020. Volvo and Polestar are planning to bring two electric cars and a PHEV to the continent in 2020. Besides, Mini is readying the all-electric Cooper for entry as well.

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Aug 27, 2019 - 12:34 pm

Polestar opens first factory in China

Volvo’s electric car subsidiary Polestar opened its first production facility today. At the new facility in Chengdu, China, the 441 kW Polestar 1 PHEV coupe is manufactured for China and export markets.

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May 8, 2019 - 06:20 pm

Polestar opens new R&D facility in UK

Polestar has established a new R&D centre for future electric vehicles in Coventry, England. At the new British location, the Volvo electric brand will initially employ around 60 engineers to support the development of vehicles beyond the Polestar 3.

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May 6, 2019 - 01:55 pm

Volvo & Polestar get separate U.S. EV tax credits

The fully electric Volvo subsidiary Polestar has qualified for the $7,500 federal tax credit in the USA separately from their mother company, meaning that each will be allowed to sell 200,000 vehicles before the credit runs out.

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Feb 27, 2019 - 03:08 pm

Polestar 2 debut garnered with detail

The Volvo subsidiary Polestar has officially launched its first volume production model. Two electric motors with a combined output of 300 kW power the Polestar 2 EV that has a battery capacity of 78 kWh, which should enable a WLTP range of 500 km.

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Feb 8, 2019 - 01:33 pm

Volvo searching for Polestar investors

Volvo is currently holding talks with Chinese and US investors to generate additional capital for its Polestar electric car brand. Meanwhile, the subsidiary has announced that the Polestar 2, the brand’s first all-electric model, will be officially presented on February 27.

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Jan 6, 2019 - 05:05 pm

Polestar teases their performance BEV

Polestar has released a first teaser photo of their first all-electric model, which is to be fully unveiled “in the coming weeks”. In addition, Volvo’s performance brand has released the first performance data of the Polestar 2.

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Found on electrive.com
https://www.electrive.com/2020/11/04/polestar-in-talks-for-fresh-financing-round/
04.11.2020 16:55