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Volvo and Polestar are breaking up—financially speaking, that is. The news comes after Volvo announced it will no longer fund Polestar, which features a slowly expanding all-electric lineup ...
Polestar's showroom in Oslo, Norway. In October 2017, Volvo Cars and Geely Holding announced that Polestar would become a standalone brand focusing on electric cars. [27] The brand introduced the Polestar 1 on 17 October 2017, a 2+2 coupé inspired by Volvo's Concept Coupé introduced in 2013, which includes influences from the Volvo P1800.
The Polestar 3 is a battery electric mid-size luxury crossover SUV [7] [8] produced by Swedish manufacturer Polestar, an affiliate of Geely Holding and Volvo Cars, since 2024. The Polestar 3 is the first vehicle to use the SPA2 platform, a vehicle platform which is dedicated to battery-electric vehicles. [9]
Polestar’s dealers, currently slogging along with a single model easily mistaken for a Volvo, will appreciate that. Prices for the 2025 Polestar 3 electric luxury performance SUV start at $73,400
[8] Volvo has invested 90 billion SEK in the platform. All SPA based cars will be delivered with 4 cylinder engines. The diesel and petrol engines share the same Volvo Engine Architecture, and Volvo can build 530,000 engines per year. [9] The SPA2 platform, which is an EV-exclusive platform, debuted on the Volvo EX90 and Polestar 3 in 2023. [10]
Volvo's electric performance sub-brand Polestar has a new car, and this one checks a lot of boxes. The Polestar 4, according to the company, is an electric performance SUV coupé, meaning it's a ...
Polestar claims it is the fastest production car the brand has made, accelerating from 0–62 mph (0–100 km/h) in 3.8 seconds. The 4 is a two-row coupe crossover , that has a choice of the rear-wheel drive model where the motor is placed at the rear axle, or the performance all-wheel drive model where the motors are placed at both the front ...
Polestar Automotive (NASDAQ: PSNY) ... To avoid those tariffs, it started to assemble the U.S. version of the Polestar 3 at Volvo's plant in South Carolina. It also plans to manufacture more of ...