After the hybrid finger exercise of the Polestar 1 and the first pure electric car Polestar 2, the Polestar 3 will come at the beginning of 2023. The electric crossover should give the Chinese Swedes an entry into volume – not only overseas.
Polestar wants to officially unveil its crossover for the first time on October 3rd, but the first information is already available today. Striking are the long wheelbase, the slightly sloping roof line, which is reminiscent of the related Volvo C40 Recharge, and the front shows clear references to the Polestar O2 and Precept studies. The Polestar 3 aims to appeal equally to customers in Europe and China, but even more so in the USA, who feel most comfortable in an electric crossover.
For its third model, Polestar is also promising level three driver assistance functions for the first time. On the freeway, thanks to numerous sensors, lidar technology from the supplier Luminar and computing power from Nvidia, the driver of the Polestar can then let the car drive in certain driving situations.
As with the Polestar 2, the new model will initially be available as an all-wheel drive version and later with a mono-axle drive. The electric range should be over 600 kilometers with a large battery pack. The start of production is planned for early 2023, with the vehicle being manufactured simultaneously for the two main markets in China and the USA.
It can be assumed that the Polestar 3, with its various engine and battery variants, will not be limited to 180 km/h like the Volvo models, but will be allowed to reach speeds of over 200 km/h like the Polestar 2. As with its other models, Polestar is likely to do without fine leather seats, but only use recycled materials in the interior of the later series model. In the Polestar O2, components such as foams, adhesive, knitted fibers and fleece lamination were made from recycled polyester.
Starting in 2023, Polestar aims to launch one new vehicle each year, starting with the Polestar 3. By the end of 2023, Polestar aims to expand its presence to at least 30 global markets. This should increase Polestar sales tenfold from currently around 29,000 vehicles in 2021 to 290,000 vehicles in 2025. The Swedes intend to list on the Nasdaq stock exchange as part of a proposed merger with Gores Guggenheim Inc. This IPO is to take place in the middle of the year.