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.
Standalone brand (2017–present)
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.
Current Polestar Cars
Polestar is calling it a “new breed of SUV coupe.” It slots between the Polestar 2 and the Polestar 3 for both size and price. It’s also Polestar’s most powerful and quickest EV to date with up to 544 hp axicorp financial services pty ltd apps on the app store from the dual-motor setup and a 0-62 mph time of 3.8 seconds. The Polestar 4 also, controversially, has no rear window. The Polestar 0 project is the company’s ambitious goal of creating a truly climate-neutral production car by 2030.
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 that should rival the Porsche Taycan.
- The limited run LA Concept edition has already sold out.
- Because we believe everyone deserves the best product.
- Polestar unveiled the all-new Polestar 3 SUV in October 2022.
- The Single Motor has one motor driving the rear wheels, and it delivers 200kW of power and 343Nm of torque.
- Founded in 2007, Gear Patrol is the definitive buying guide for enthusiasts.
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.
It Polestar’sk a lot like 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.
A design-focused electric performance car brand, harnessing refined performance and cutting-edge technology.
Polestar will sell sportier cars and take on sportier development projects that (at least theoretically) wouldn’t be 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.
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 understanding treasury yield and interest rates 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.
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.
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 euro to south african rand exchange rate without the drone) as the Polestar 6.