The Polestar 3 (P519), the brand’s first crossover, will debut in 2022. With its appearance, a “period of rapid growth” will begin. In 2023, the start of the “sports” SUV Polestar 4 (P419), a coupe-like version of the “three-ruble”, is scheduled. The Precept concept will evolve into a production sedan hatch Polestar 5 (723K) in 2024. Thanks to the new “premium” models, the Swedish-Chinese brand intends to increase its sales from 10,000 electric cars (2020) to 290,000 (2025). The number of “active markets” should grow from 14 (2021) to 30 (2023).
From left to right: Polestar 5, Polestar 4, Polestar 3. According to Chief Executive Thomas Ingenlath, these are “progressive electric vehicles designed without compromise.” The SUVs will be built on the Volvo SPA2 platform, and the five are likely to use the Geely SEA2 trolley.
The Swedes say that Polestar 3 will be comparable in size and price to the Porsche Cayenne crossover (length – 4918 mm, wheelbase – 2895), while Polestar 4 should play on the same field with the Porsche Macan model (4726 and 2807 mm). On the left, the photo shows the Polestar 1 coupe and the Polestar 2 hatchback.
Volvo’s subsidiary is now doing everything possible to register on the Nasdaq exchange under the PSNY ticker in order to carry out an initial public offering (IPO). To this end, a new public company, Polestar Automotive Holding UK Limited, is created worth “approximately $ 20 billion.” The brand signed a business combination agreement with Gores Guggenheim, Inc., which was set up by the Gores Group and Guggenheim Capital specifically for the deal (SPAC). Polestar will become “climate neutral” in 2030.