Polestar Unveils its First Car - the High Performance Polestar 1
【Summary】Polestar, Volvo Car Group's performance brand, has today revealed its future as a brand new standalone high-performance electric vehicle (EV) brand. Polestar confirmed plans for its first three models, a new purpose-built production facility in China and a customer-focused route to market that will set a new industry benchmark for performance vehicles.
SHANGHAI, October 17, 2017 -- Polestar, Volvo Car Group's performance brand, has today revealed its future as a brand new standalone high-performance electric vehicle (EV) brand. Polestar confirmed plans for its first three models, a new purpose-built production facility in China and a customer-focused route to market that will set a new industry benchmark for performance vehicles.
Polestar also unveiled the 600hp Polestar 1, the company's first car, which is set to roll off the production line in mid-2019. Polestar's technology and product offers the benefit from economies of scale enabled by the Volvo Car Group, helping Polestar to accelerate design, development and production processes at fraction of the time it takes other automakers.
Thomas Ingenlath, Chief Executive Officer of Polestar said; "Polestar 1 is the first car to carry the Polestar on the bonnet. A beautiful GT with cutting edge technology - a great start for our new Polestar brand. All future cars from Polestar will feature a fully electric drivetrain, delivering on our brand vision of being the new standalone electric performance brand".
The Polestar 1 will form a halo for the future Polestar brand. The Polestar 1 is a two-door, 2+2 seat Grand Tourer Coupé with an 'Electric Performance Hybrid' drivetrain. An electric car supported by an internal combustion engine, it has a range of 150kms on pure electric power alone - the longest full electric range of any hybrid car on the market. Its output of 600hp and 1000Nm of torque places the car firmly in the performance car segment.
The Polestar 1 is based upon Volvo's new Scalable Platform Architecture (SPA), but approximately 50% is completely new. Polestar 1 benefits from a host of new performance technologies, all aimed at making it a true driver's car.
Polestar 1 is the world's first car to be fitted with the all-new class-leading Öhlins Continuously Controlled Electronic Suspension (CESi) advanced chassis technology. A carbon fiber body reduces body weight and improves torsional stiffness by 45%, as well as lowering the car's center of gravity.
The Polestar 1 will be built in the state-of-the-art Polestar Production Center in Chengdu, China, which is currently under construction. It is due for completion in mid-2018.
Moving Away from a Traditional Ownership Model
Polestar will also move away from today's traditional ownership model. Cars will be ordered 100% online and offered on a two or three year subscription basis. The zero-deposit, all-inclusive subscription will also add features such as pick-up and delivery servicing and the ability to rent alternative vehicles within the Volvo and Polestar range, all incorporated into one monthly payment.
The Polestar 2 Will Start Production in 2019
All future cars from Polestar will have a fully electric powertrain. Polestar 2 will start production later in 2019 and will be the first battery-electric vehicle (BEV) from the Volvo Car Group. It will be a mid-sized BEV, joining the competition around the Tesla Model 3, and with consequently higher volumes than Polestar 1. The initial phase of the Polestar product roll out will then be completed by the subsequent arrival of a larger SUV-style BEV, the Polestar 3, which will create a modern expression of electric performance and driving dynamics.
The ordering and configuration of Polestar cars will be conducted online via a Polestar app or online portal. However, Polestar also recognizes that customers still want to physically engage with the brand so Polestar will open a network of Polestar outlets around the world. This is where future Polestar customers can interact with the products and the brand.
Originally hailing from New Jersey, Eric is a automotive & technology reporter covering the high-tech industry here in Silicon Valley. He has over 15 years of automotive experience and a bachelors degree in computer science. These skills, combined with technical writing and news reporting, allows him to fully understand and identify new and innovative technologies in the auto industry and beyond. He has worked at Uber on self-driving cars and as a technical writer, helping people to understand and work with technology.
Autonomous Vehicle Startup Phantom AI Raises $22 Million in Series A Funding for its Advanced Driver Assistance System
Toyota & BYD Officially Launch Joint Venture Company to Build Electric Vehicles in China
Electric Vehicle Startup Rivian Shares an Update on its Illinois Factory That Was Once Owned by Mitsubishi Motors
Amid the Coronavirus Crisis in the U.S., the Trump Administration Moves Forward on Rolling Back Vehicle Fuel Economy Standards
Exor to Invest $200 million for a 9% Stake in Ride-Hailing Company Via Transportation
Air Taxi Startup Lilium Raises $240 Million in Fundraising Round Led By Tencent
Self-Driving Truck Startup TuSimple Announced Partnership with Auto Supplier ZF for the Production of Autonomous Trucks
Baidu is Building a 5G-Powered, 20 Square Kilometer Test Site for Connected & Autonomous Vehicles in Chongqing, China
- Rivian, Amazon Provide New Details on Upcoming Electric Vans
- Electric Vehicle Startup Fisker Reveals Details & Pricing for its ‘Sustainable’ Ocean SUV
- Self-Driving Startup Pony.ai Launches Autonomous Robotaxi Pilot with the City of Fremont, California
- Uber Granted a Permit to Test its Self-driving Vehicles on Public Roads in California
- Coronavirus Fears Lead to the Cancellation of the Geneva Auto Show, Leaving Automakers Scrambling for Alternative Ways to Show Off Their New Models
- IIHS Claims Advanced Driver-Assist Systems Need to Keep Drivers Focused on the Road More
- Lexus is Working on a Driver Assist System to Rival Cadillac’s Super Cruise
- Documents Submitted by Tesla in China Hint at a Production Increase at the Company’s Shanghai Gigafactory
- Aptiv Unveils its New 'Smart Vehicle Architecture' for Electric, Connected and Autonomous Vehicles at CES
- Electric Truck Startup Lordstown Motors Gets its First Order From Utility Company FirstEnergy