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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Polestar has previewed the final design of the Polestar 5 in a documentary series on Youtube. The electric four-door performance GT based on the Polestar Precept study is scheduled for market launch in 2024.
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The electric car brand Polestar aims to increase its annual sales to 290,000 vehicles by the end of 2025 with expansion in existing and new markets and the introduction of three new models. By the end of 2023, Polestar should already be present in 30 markets – currently there are 14.
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Polestar is apparently close to completing the proposed SPAC merger with investment firm Gores Guggenheim that was first leaked in July. The official announcement could be made in the course of today, Monday.
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Polestar CEO Thomas Ingenlath revealed new information about the Polestar 3 at the IAA Mobility. The brand wants to offer the electric SUV with one as well as two drives. Ingenlath also gave new details about the interior.
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Polestar has announced that the single-engine variants of the Polestar 2, which were introduced in the spring, will be delivered for the first time this month. The Swedish-Chinese brand also plans to expand further globally.
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In Norway, 11,811 new electric cars were registered in August. The share of electric cars in new passenger car registrations was 71.9 per cent last month. Norway’s most successful model across all drive types in August was the Tesla Model Y with 1,308 new registrations.
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Volkswagen is the most innovative car company in 2021 – ahead of Daimler and Tesla. This is the result of a new study by the German Center of Automotive Management (CAM), which regularly publishes rankings of the most innovative corporations and premium brands.
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Swedish electric vehicle brand Polestar announced the extended range, lower pricing, and bespoke configuration for the model year 2022 Polestar 2 in the USA. Prices for the single motor version start at $45,000 before subsidies.
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Electric car brand Polestar will enter nine new markets later this year, doubling its presence to 18 markets worldwide. By the end of the year, the number of brick and mortar locations worldwide is also expected to double to around 100.
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Volvo Cars announced the acquisition of additional shares in electric car brand Polestar, bringing the car company’s stake back up to 49.5 per cent. Meanwhile, a media report says that Polestar is currently negotiating an IPO.
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The Swedish car manufacturer Volvo Cars will convert its Ridgeville plant in the US state of South Carolina into an all-electric car production facility. The company says that here, the fully electric cars “of the new generation will be built” before Europe and China.
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Volvo Car Group and Northvolt want to set up a joint venture to develop and produce more sustainable batteries tailored to power Volvo’s and Polestar’s next generation of pure electric cars. The plans include R&D and a large scale cell factory in Europe.
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Swedish electric car brand Polestar announces that its first SUV model, called Polestar 3, will be produced locally for customers in the US, at Volvo Cars’ Ridgeville manufacturing centre. Production of the Polestar 3 is expected to begin globally in 2022.
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Electric car manufacturer Polestar is exploring a wide-ranging alliance with South Korean conglomerate SK to advance the development of electric cars. The possible collaboration also includes a potential supply of SK batteries for upcoming Polestar vehicles.
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Drivers of electric cars from Volvo and Polestar may rejoice. The companies’ partnerships with Plugsurfing is reaping fresh tariffs with a significant price reduction for ultra-rapid charging at Ionity stations.
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