Polestar Unveils the First Teaser Photo of its New EV, a Serious Competitor to Tesla's Model 3
Polestar, the new electric luxury brand of China's Geely, which is the parent company of the Volvo Car Group, revealed the first glimpse of its new electric car, the Polestar 2. The Polestar 2 is set to become serious competitor to Tesla's Model 3 sedan.
Volvo only released a teaser photo and a full reveal is expected in the coming weeks.
The Polestar 2 will be the first fully electric vehicle from the Volvo Car Group. Volvo says the Polestar 2 will be four-door fastback offering a 300 miles of range with fully-electric powertrain producing more than 400 horsepower.
The car with be priced from about $45,000, putting it in the same price range as Tesla's Model 3, which starts around $45,000 after Tesla cut the price by $2,000 this week. The Polestar 2 will also rival the likes of the BMW 3-Series and the Audi A4.
The Polestar 2 will be built upon Volvo and Geely's shared CMA architecture, which underpins the Volvo 40-Series models, such as the new XC40. By using the CMA architecture, the design of the Polestar 2 is expected to more like a compact SUV than a traditional sedan.
Polestar says that the 2 will be the first vehicle in the world to get the new Google's new Android HMI (human-machine interface), which is poised to eventually replace Android Auto. The Polestar 2 will also come with the in-car version of Google Assistant.
Volvo said in May 2018 that it would embed the voice-controlled Google Assistant, Google Play Store, Google Maps and other Google services into its next-generation Sensus infotainment system, which the Polestar 2 will come equipped with. Google has a similar deal in place with the Renault-Nissan-Mitsubishi Alliance.
The Polestar 2 will go into production in early 2020. The first electric vehicle to bear the actual Volvo badge is expected to be a fully-electric version of the XC40 crossover, set to be released in 2020. Volvo has already suggested that model will have a range in the vicinity of 250 miles and a starting price of $35,000 and $40,000.
Polestar will borrow some ideas from the Tesla, allowing customer to order their car online as either a purchase or a monthly subscription, which includes maintenance and insurance. Tire kickers can also check out the Polestar in person at the company's own urban showrooms.
Volvo says the Polestar 2 will be revealed at the Geneva Motor Show in March.
- Florida Governor Signs Bill Allowing Self-driving Vehicles to Operate Without a Safety Driver
- Israeli Lidar Company Innoviz Technologies Raises an Additional $170 Million
- Workhorse, the EV Company Looking to Move Into GM’s Shuttered Ohio Plant Gets a $25 Million Cash Infusion
- Toyota to Speed up its EV Development, Will Turn to China for Batteries
- General Motors CEO Defends Plan to Sell its Shuttered Ohio Assembly Plant to EV Startup Workhorse
- Polestar 1 Enters Final Prototype Stage Before Production
- HERE Technologies Making it Easier for Drivers to Navigate with New Partnership
- Automotive Vision Sensor Startup TriEYE Raises $17 Million From Intel Capital