What Is Polestar? Here’s What You Need to Know

what is polestar

Polestar unveiled the all-new Polestar 3 SUV in October 2022. It’s launching with a potent dual-motor AWD powertrain that can put out up to 517 horsepower and 671 lb-ft of torque while still delivering around 300 miles of range. And it starts with an ambitious price point of $83,900. Founded in 2007, Gear Patrol is the definitive buying guide for enthusiasts.

Former Polestar Cars

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. Financial maneuverings aside, Polestar will still be heavily partnered with Volvo. The companies will share technology, platforms and production facilities.

what is polestar

Examples are engine optimizations with retained warranty and unchanged fuel consumption and emissions. The engine optimization increases the power and torque output, varying depending on engine model. The response of the throttle can be modified and the character of the transmission is tweaked. The Polestar 5 will be a flagship, four-door grand tourer Best forex indicator that should rival the Porsche Taycan.

The research initiative also aims to create a sense of urgency to act on the climate crisis, by challenging employees, suppliers and the wider automotive industry, to drive towards zero. There’s no shame if you’ve never heard of Polestar yet. But here’s everything you need to know to have the inside scoop on this growing electric car brand. The Single Motor has one motor driving the rear wheels, and it delivers 200kW of power and 343Nm of torque. That’s enough to help propel it from zero to 100km/h in 7.1 seconds.

Electric age innovation.

Polestar will sell sportier cars and take on sportier development projects that (at least theoretically) wouldn’t be web development consulting when should you hire professionals to analyze your business a fit with Volvo branding. Polestar plans to have a line-up of five performance EVs by 2026. 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. Polestar 5, an electric four-door GT and Polestar 6, an electric roadster, are coming soon.

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Broadly, Volvo is the biggest shareholder, with just under 50% of Polestar. 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. Polestar shares are traded publicly on the Nasdaq.

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  1. The engine optimization increases the power and torque output, varying depending on engine model.
  2. It’s also Polestar’s most powerful and quickest EV to date with up to 544 hp from the dual-motor setup and a 0-62 mph time of 3.8 seconds.
  3. Financial maneuverings aside, Polestar will still be heavily partnered with Volvo.
  4. Work with our award-winning creative services studio and advertising agency to bring your brand or product story to life.
  5. Polestar plans to have a line-up of five performance EVs by 2026.
  6. The Polestar 2 is getting some significant updates for 2024.

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. Because we believe everyone deserves the best product. As of December 2023, Polestar is a publicly-traded company trading under the symbol PSNY on the Nasdaq stock exchange. It has a healthy EV driving range of up to 620km on the WLTP standard, and energy consumption ranges from 17.8 to 18.1 kilowatt hours per 100 kilometres. Polestar plans to bring the O2 concept into production in 2026 (presumably without the drone) as the Polestar 6.

It Polestar’sk a lot like the world’s highest government bond interest rates Polestar’s stunning Precept concept car from 2020 and be far more than a tuned-up Volvo. Reports have the Polestar 5 getting new battery technology and a rigid, lightweight bonded aluminum platform — a feature typically reserved for supercars. The Polestar 2 is the brand’s first EV that entered production in 2020.

If you happen to be driving one, it’s a question you’ll get asked constantly. In short, Polestar is a Swedish electric performance car brand. The name stems from the Polestar racing team, which was also a Volvo performance tuner. Volvo bought the performance tuning portion of the company and the Polestar name.