what is polestar

The 2025 Polestar 2 launched in Europe and Canada on Tuesday, with more markets coming by the end of 2024. It features a sleek style upgrade, more range, and a new pack structure. Founded in 2007, Gear Patrol is the definitive buying guide for enthusiasts. Our independent experts test the best in cars, tech, home, outdoors, style and watches. We combine hands-on testing, decades of experience and original photography to craft reports, reviews and guides.

Volvo bought the performance tuning portion of the company and the Polestar name. But they debuted with an off-the-wall plug-in-hybrid, 600-plus horsepower, limited production supercar, the Polestar 1. The Polestar 1 has sleek but oddly sedate Volvo-esque styling — sort of like if Volvo gann trend indicator made a muscle car. And its price tag, starting around $155,000, is $20,000 more than a Porsche 911 GTS.

Polestar launches new 2025 Polestar 2 with more range and a sleek style update

Meanwhile, the Long-range Dual Motor and Performance versions start at $55,300 and $63,000, respectively. The Long Range Dual Motor has a motor on each axle for all-wheel-drive grip, and the power and torque is bumped to 400kW and 686Nm respectively. Polestar plans to bring the O2 how to write rfp for software concept into production in 2026 (presumably without the drone) as the Polestar 6. The limited run LA Concept edition has already sold out.

Polestar 5, an electric four-door GT and Polestar 6, an electric roadster, are coming soon. Polestar launched the Polestar 2 in mid-2020, its first fully electric vehicle. Since then, over 160,000 Polestar 2 models have been sold across 27 markets globally. Financial maneuverings aside, Polestar will still be heavily partnered with Volvo.

A design-focused electric performance car brand, harnessing refined performance and cutting-edge technology.

Polestar also added a new lower-priced Polestar 3 model Thursday as the first models were handed over to buyers. The interior gains “animal welfare-secured Charcoal Nappa leather upholstery” from the internationally award-winning Bridge of Weir in Scotland. The Pro Pack includes a new black and Swedish Gold seatbelt design. Broadly, Volvo is the biggest shareholder, with just under 50% of Polestar. Affiliates of Geely chairman Eric Li own a little under 40%.

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The Polestar 2 is the brand’s first EV that entered production in 2020. The Polestar 2 straddles the lines between sedan, hatchback and SUV. The Polestar 2 is getting some significant updates for 2024. The single-motor version switched from FWD to a more powerful and more performance-oriented (299 hp and 361 lb-ft) RWD motor. Polestar plans to have a line-up of five performance EVs by 2026.

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  • As of December 2023, Polestar is a publicly-traded company trading under the symbol PSNY on the Nasdaq stock exchange.
  • Polestar shares are traded publicly on the Nasdaq.
  • Since then, over 160,000 Polestar 2 models have been sold across 27 markets globally.
  • Affiliates of Geely chairman Eric Li own a little under 40%.
  • Of course, Geely owns more than 80% of Volvo, and Eric Li is Volvo’s chairman.

The all-electric fastback that started it what is ad hoc reporting & the meaning of ad hoc analysis all is getting a fresh update. Polestar launched the new 2025 Polestar 2 on Monday with more range and style than ever. Work with our award-winning creative services studio and advertising agency to bring your brand or product story to life.

Because we believe everyone deserves the best product. The Polestar 5 will be a flagship, four-door grand tourer that should rival the Porsche Taycan. It Polestar’sk a lot like Polestar’s stunning Precept concept car from 2020 and be far more than a tuned-up Volvo.

Polestar 2, the electric performance fastback, launched in 2019. Polestar 3, the SUV for the electric age, launched in late 2022. Polestar 4, the SUV coupé transformed, is launching in phases through 2023 and into 2024.

what is polestar

The companies will share technology, platforms and production facilities. Polestar will sell sportier cars and take on sportier development projects that (at least theoretically) wouldn’t be a fit with Volvo branding. The Polestar 0 project is the company’s ambitious goal of creating a truly climate-neutral production car by 2030. Polestar has yet to reveal the 2025 model in the US, but it is expected soon. The 2024 model (Long Range single motor) starts at $49,900 with up to 320 miles EPA range.