Volvo’s Electric Vehicle Brand Polestar Reports $1 Billion in Revenue in the First Half of 2022, Adds 6 New Global Markets
Electric-performances brand Polestar is off to a strong start for the first half of 2022 following a strong Q1 with brisk sales of the Polestar 2 EV. In the first four months of 2022, customer reservations also more than tripled to nearly 23,000 vehicles compared to the same period in 2021.
Eric Walz2022-10-08 13:00 PT
Volvo’s EV Brand Polestar Reports Record Q1 Sales, its New SUV Will Be Officially Unveiled in October
Electric performance brand Polestar, which is jointly operated by Volvo Cars and its parent company Geely in China, announced record sales in the first four months of 2022 along with a growing number of vehicle orders. Polestar credits its continued global expansion for the rising number of vehicle orders. The company also announced it will officially unveil the new Polestar 3 SUV in October, which will be built in the U.S.
Eric Walz2022-06-26 09:00 PT
The 2023 Polestar 2: Delivery Updates, New Pricing, Color Options and New Tech
Over the past few weeks, Volvo's electric brand Polestar revealed several new updates for the upcoming 2023 Polestar 2, the company's first mass-market EV. So let's get up to speed with everything you need to know about the new EV.
Manish Kharinta2022-06-15 15:30 PT
Polestar is Offering New Android R Infotainment Software as an OTA Update With Enhanced Features for the Polestar 2 EV
Volvo’s new electric brand Polestar announced that Polestar 2 EV owners can now download Android R for the vehicle’s built-in Android Automotive OS infotainment system developed by Google. The latest software update also brings enhanced app and functionality potential for the future updates. The software update will roll out to Polestar 2 owners starting this month.
Eric Walz2022-05-14 09:00 PT
Hertz to Purchase up to 65,000 Electric Vehicles From Volvo’s Brand Polestar Over the Next 5 Years
Hertz announced on Monday that it will purchase up to 65,000 electric vehicles from Volvo's electric brand Polestar over the next five years. Availability of the Polestar vehicles is expected to begin this Spring in Europe and late 2022 in North America and Australia. Hertz aims to offer the largest electric rental fleet in North America.
Eric Walz2022-05-11 08:30 PT
The More Affordable, Single-Motor FWD Polestar 2 EV is Now Available in the U.S.
Polestar, the new electric brand established in 2017 and operated by Volvo Cars and its parent company Chinese automaker Zhejiang Geely Holding ("Geely"), has announced that its more affordable, single-motor, front-wheel-drive Polestar 2 hatchback is now available in the U.S. The single-motor Polestar 2 offers up to 270 miles of range and has a starting price of $45,900 before incentives, which is the lowest priced vehicle in Polestar’s current lineup.
FutureCar Staff 2022-04-30 15:30 PT
Volvo’s EV Brand Polestar Opens a New Retail Showroom on the Scenic Pacific Coast Highway in California
Electric performance brand Polestar announced the opening of its 16th retail showroom in the U.S. on California’s famed Pacific Coast Highway. The prime location in Laguna Beach will reach customers living throughout Orange County, a key market for EVs and the second largest one in California. Polestar’s new location will give customers the opportunity to experience Polestar vehicles first-hand and ask questions in a non-traditional, low pressure environment without salespeople.
FutureCar Staff 2022-03-09 11:45 PT
Polestar is Offering Two Years of Free DC-Fast Charging From Electrify America to Polestar 2 Drivers
Polestar, the electric-performance brand operated by Volvo Cars and its parent company Geely, is teaming up with EV charging operator Electrify America to offer Polestar 2 drivers two years of free DC fast charging sessions. The free charging offer is being provided to all Polestar 2 drivers, even those that have already purchased their vehicles or are still waiting to take delivery.
Eric Walz2021-11-27 14:00 PT
Volvo’s Electric-Performance Brand Polestar to Go Public in a $20 Billion SPAC Deal With Gores Guggenheim, Inc.
After months of rumors, electric-performance vehicle brand Polestar, which is jointly operated by Swedish automaker Volvo Cars and its parent company Chinese automaker Zhejiang Geely Holding (“Geely”), announced on Monday an agreement to merge with special purpose acquisition company (SPAC) Gores Guggenheim, Inc.
Eric Walz2021-11-03 10:15 PT
Volvo Cars to Take a Bigger Stake in Electric-Performance Brand Polestar
Swedish automaker Volvo Cars is acquiring additional shares in electric electric performance vehicle brand Polestar, the automaker announced on Monday. The additional shares in Polestar will increase Volvo Cars’ stake to 49.5%. Polestar is the new EV brand operated by Volvo Cars and its parent company Chinese automaker Zhejiang Geely Holding Group Co (Geely).
FutureCar Staff 2021-08-18 13:20 PT
Volvo-backed Electric Brand Polestar in Talks to go Public via a SPAC Deal, Sources Say
Polestar, the new electric performance brand of Volvo Cars and its parent company Chinese automaker Zhejiang Geely Holding Group Co (Geely), is in talks to go public through a merger with Gores Guggenheim Inc., a blank check-firm, according to people with knowledge of the matter.
FutureCar Staff 2021-08-14 13:05 PT
Volvo’s Electric-Performance Brand Polestar Launches Mobile Service Program for the U.S.
Electric-performance brand Polestar Cars, a dedicated EV brand jointly owned by automakers Volvo and its parent company Chinese automaker Zhejiang Geely Holding (Geely), has announced a new mobile service plan. Under the program, a Polestar technician will visit a customer’s location to perform a variety of services, including software updates and minor repairs.
Eric Walz2021-07-04 08:00 PT
Polestar Develops its Own Video Streaming App for the Polestar 2 EV
Electric-performance brand Polestar, which is jointly owned by Swedish automaker Volvo and its parent company Chinese automaker Zhejiang Geely Holding (Geely), has developed its own video streaming app for its Polestar 2, the company's first mass-market electric vehicle. The beta app, which is available now in all European markets, offers web-based streaming content from various providers directly to the vehicle's 11-inch center-mounted touchscreen display.
Eric Walz2021-06-12 09:15 PT
Electric Brand Polestar Raises $550 Million in its First External Investment Round
Electric vehicle brand Polestar, which is jointly owned by Swedish automaker Volvo and Chinese automaker Zhejiang Geely Holding (Geely), announced it raised $550 million in its first ever outside investment round. The new financing comes as investors pour money in electric vehicle stocks and related companies working on advanced mobility, including EV battery technology and self-driving vehicles.
Eric Walz2021-05-22 09:45 PT
Electric-Performance Brand Polestar Announces EV Charging Partnership with ChargePoint
Polestar Cars, the new electric brand jointly owned by Swedish automaker Volvo Cars and Chinese automaker Geely, announced a partnership with EV charging provider ChargePoint that will give Polestar drivers access to ChargePoint’s embedded charging app right from the vehicle’s Android-powered infotainment system. The Polestar 2 is the world's first production vehicle to come with Google's Android Automotive OS built-in.
FutureCar Staff 2021-04-15 14:00 PT
Electric-Performance Brand Polestar to Open 15 New U.S. Retail Showrooms in 2021
Polestar, the new dedicated electric-performance car brand owned by Volvo Cars and its parent company Chinese automaker Zhejiang Geely Holding (Geely), announced that it’s expanding its retail presence across the United States with plans to open new retail showrooms in 15 cities by the end of 2021.
Eric Walz2021-04-07 10:45 PT
Electric Brand Polestar Opening New ‘Polestar Spaces’ in China as it Prepares to Compete with Tesla
Electric performance car brand Polestar its expanding its retail presence in China as the company looks to compete with U.S. electric automaker Tesla in the world’s biggest auto market. Polestar plans to open around 20 “Polestar Spaces” where prospective owners can check out the company’s electric vehicles up close and in a zero pressure environment.
FutureCar Staff 2020-07-09 15:25 PT
The First 'Polestar Spaces' in the U.S. Are Opening in California & New York City
Volvo's new electric performance brand Polestar announced that the first of its physical retail stores called "Polestar Spaces" will be coming to the U.S. in New York City and California.
Manish Kharinta2020-07-01 11:30 PT
Production of the Electric Performance Polestar 2 Begins in China
Polestar announced today that production of the Polestar 2 is underway in Luqiao, China. Polestar is the new electric performance car brand jointly owned by Volvo Car Group and Chinese automaker Zhejiang Geely Holding (Geely). The company is operated by Sweden-based Volvo Cars as a standalone performance EV brand.
Eric Walz2020-04-30 15:00 PT
Polestar Enters Final Prototype Phase Before Production of the Mass-Market Electric Polestar 2
Luxury performance brand Polestar announced that its second vehicle, the Polestar 2, is entering the final prototype phase before final production and delivery to customers in 2020.
Eric Walz2020-01-08 08:00 PT
Researchers at South Korea's Chung-Ang University Develop a ‘Meta-Reinforcement' Machine Learning Algorithm for Traffic Lights to Improve Vehicle Throughput
Eric WalzDec 22, 2022 2:30 PM PT
Zeekr's New 009 Electric Passenger Van is the World's First EV to Feature CATL's Advanced ‘Qilin' Battery With a Range of 510 Miles
Eric WalzDec 19, 2022 1:45 PM PT
Hyundai Gets Serious About Electric Performance Cars, Shows off Two Concepts
Vineeth Joel PatelDec 17, 2022 6:15 AM PT