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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. [26] 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.
Second generation Volvo V70 R. As with the previous generation, Volvo offered a high-performance variant called the V70 R AWD. [17] Based on the PCC2 [18] concept car from 2001, the model was unveiled at the 2002 Paris Motor Show on 26 September. [19] Released in 2003, [20] the model pioneered many firsts for Volvo.
In October 2017, Volvo Cars and ZGH announced that Polestar, a performance and tuning brand owned by Volvo Cars, would become a standalone brand focusing on electric cars. [63] Polestar introduced its first product, the Polestar 1 coupé on 17 October 2017. The car was produced at the Polestar Production Centre in Chengdu, China. [64]
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.
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
No longer tied to Volvo, the Polestar 5 will be the company’s first car to use its own bespoke EV platform. ... 111 kWh battery of the Polestar 3. Those cars have a range of up to 385 miles and ...
UPDATE 2/23/2024: Volvo today announced a proposal to distribute 62.7 percent of its stake in Polestar to shareholders. If approved, the move will leave Volvo with an 18 percent stake in Polestar.
Volvo Cars owns 18% of Polestar [13] [14] and 50% of NOVO Energy (electric vehicle batteries), 100% of Zenseact (AD and ADAS software), and 100% of HaleyTek (Android-based infotainment systems). [15] As of 2022, Volvo Cars has production plants in Torslanda in Sweden, Ridgeville, South Carolina in the United States, Ghent in Belgium, and Daqing ...