Polestar Reveals First SUV Ahead of Autumn Debut

Premium BEV maker Polestar has released the first official image of its first SUV to make its debut this autumn.

The Polestar 3 performance SUV will make its world premier in October targeting the high profit margins and market growth of electric SUVs in the automotive industry, particularly in the United States. Over time, the model will offer autonomous highway piloting powered by the LiDAR sensor from Luminar and centralized Nvidia computing power. At launch, Polestar 3 will feature a dual-motor drivetrain and a large battery, with a range target of more than 360 miles (WLTP).

Customers can expect to order Polestar 3 in initial launch markets from the day of the premiere. Production is expected to begin in early 2023, and Polestar 3 will be manufactured in the United States and China. The automaker plans to launch a new car every year for the next three years, starting with Polestar 3, and aims to increase its presence to at least 30 global markets by the end of 2023. This supports Polestar’s plans to grow ten-fold from global sales of approximately 29,000 in 2021 to approximately 290,000 by the end of 2025.

Thomas Ingenlath, Polestar CEO, said: “Polestar 3 is the SUV for the electric age. Our design identity evolves with this high-end large luxury EV, with a strong, individual brand character. With this car, we bring the ‘sport’ back to the SUV, staying true to our performance roots. This is a major milestone for our company, one that boosts our growth trajectory and takes us into our next phase.”

— Paul Myles is a seasoned automotive journalist based in Europe. Follow him on Twitter @Paulmyles_

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