The electric car manufacturer Polestar achieved a turnover of 420.8 million euros in the third quarter of 2022. Compared to the same quarter of the previous year (205.7 million euros), Polestar more than doubled its revenue.
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The electric car manufacturer Polestar has received a total of 1.6 billion US dollars in fresh capital from its two main shareholders. This secures the financing for the near future – including the production start-up of the Polestar 3.
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Polestar has unveiled its first electric SUV, the Polestar 3. This latest model by the EV brand, rooted in Sweden and growing via China, has a sizeable long-range battery and plenty of power and claims to be “desirable for all the right reasons”. Yet how sustainable can an electric SUV with a 111 kWh battery […]
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The electric car brand Polestar has announced the presentation of its first SUV model Polestar 3 for 12 October 2022 in Copenhagen. However, there are already clear indications of the vehicle’s key technical data.
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Uber has expanded its Comfort Electric service to 24 US cities and Vancouver, Canada. The company had launched Comfort Electric to build on deals with rental companies like Hertz. The latter is helping Uber drivers get their hands on Tesla and other premium electric vehicles.
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Polestar presents its financial results for the first six months of 2022. Volvo-born electric car brand reports nearly doubling its revenue, mainly driven by sales of the Polestar 2, the company’s first purely electric vehicle. Other segments, however, required investment.
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The electric car manufacturer Polestar will supply battery and charging systems for the electric boats of the Swedish company Candela. The aim of the cooperation is to rapidly increase the production of Candela’s electric hydrofoils.
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The Swedish-Chinese electric brand Polestar has confirmed that it will build the electric convertible concept O2 in series. The market launch, then called Polestar 6, is planned for 2026.
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The US electric car subscription service Autonomy has ordered 22,790 electric cars worth around 1.2 billion dollars. The provider, which until now has specialised mainly in Tesla models, has ordered a total of 45 different vehicle models from 17 carmakers – including Tesla again.
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Electric car brand Polestar has delivered around 21,200 vehicles in the first six months of 2022, nearly 125 per cent more than the 9,510 vehicles delivered in the same period last year. Polestar reiterated its reduced target of delivering 50,000 electric cars in the full year.
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At the Goodwood Festival of Speed, Polestar presented for the first time a development prototype of the Polestar 5, scheduled for market launch in 2024. In addition, Polestar now officially states target values for the performance of the four-door electric GT.
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For the first time, Volvo’s electric car brand Polestar has shown an image of its first SUV model, Polestar 3, without camouflage. There’s also a date for the car’s world debut, including the start of orders this October.
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Polestar is launching a special limited edition model of the Polestar 2. The Polestar 2 BST Edition 270 includes mechanical as well as design modifications to differentiate it from the standard Polestar 2 models.
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The electric car manufacturer Polestar has launched a referral programme in Europe, South Korea and the USA. However, the Polestar offer is not intended to be as extensive as Tesla’s referral programme, which has since been discontinued.
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Swedish electric car manufacturer Polestar has become a shareholder in Israeli battery developer StoreDot. In addition to the financial investment, both companies want to explore the use of StoreDot’s fast-charging silicon-dominated batteries for future Polestar vehicles.
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Polestar reported a new sales record for the first four months of this year. At the same time, the electric car brand is reducing its planned number of vehicle sales to customers for 2022 from 65,000 to around 50,000 units.
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Polestar has new features for its all-electric Polestar 2. In addition to the larger battery for the basic version already announced in March, the design and equipment updates include new colours, rims and interior trim.
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Within the framework of the annually updated ‘Electromobility Report 2022’ of the Center of Automotive Management (CAM), Tesla scored best by a clear margin. Volkswagen and Hyundai follow in second and third place for BEV innovations.
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The car rental company Hertz and the electric car manufacturer Polestar have entered global cooperation. Hertz will purchase up to 65,000 Polestar electric cars over five years.
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Polestar has announced the market launch of the all-electric Polestar 2 Long range Single motor fastback in the United States. Available to order online, the single-motor Polestar 2 starts at prices of $45,900, or as low as $33,400 after qualified federal and state incentives.
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Before its planned listing on the US stock exchange Nasdaq in the second half of this year, the electric car manufacturer Polestar has announced that it will expand its supervisory board. Some heads from Volvo will join the board – and ex-Opel CEO Karl-Thomas Neumann.
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With the project name Polestar O2, the Swedish electric car brand has presented the concept of an electric convertible. The Polestar O2 takes up the design language of the Precept. The brand is not yet making any statements about possible series production.
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Polestar will use a new chassis made of bonded aluminium in the Polestar 5 announced for 2024. With a specially developed manufacturing process, the Swedish brand aims to avoid the previous disadvantages.
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The world’s most expensive commercials were shown during the Super Bowl in the USA. This occasion is now being used by several car manufacturers to promote electric cars.
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Polestar is now launching its Polestar 2 on the South Korean market. Prices for the electric sedan start at 54.9 million won for the single-engine version and 57.9 million won for the dual-engine variant. Orders are available now and deliveries are scheduled to begin in mid-March.
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The electric car brand Polestar has sold 29,000 vehicles worldwide in 2021, reaching its sales target. Compared to the previous year, sales increased by 185 per cent.
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Polestar is developing a new electric motor and battery pack with an 800-volt system, according to a media report. The drive system, which is to be used exclusively by Polestar, could make its debut in the Polestar 5.
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Volvo and Polestar are each working on an all-electric compact SUV, according to a British media report. However, according to the report, these will not be based on the same platform, but will each be independent. However, questions remain.
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The EPA has published range ratings for more electric models including the Polestar 2 single motor version, the Hyundai Ioniq 5, the Kia EV6 and the Volvo XC40 Recharge.
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Polestar has given a preview of its Polestar 3 electric SUV planned for next year with a new teaser image. There are also new figures on the growth targets of the Swedish-Chinese electric brand.
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