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Polestar (PSNY) delays Polestar 3 production, cuts annual target amid record Q1 deliveries

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EV maker Polestar (PSNY) hit another record in the first three months of 2023, delivering over 12,000 vehicles in Q1. Despite the strong start, Polestar says it will delay the onset of production of its electric SUV, the Polestar 3, as it finalizes software development. On top of this, the EV is cutting its annual production guidance for the year.

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Polestar is betting big on its first electric luxury crossover SUV with Polestar 3 rollout on track

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Polestar is going all in with its first electric crossover SUV, the Polestar 3, with plans to take on the established US core luxury market. With the Polestar 3 expected to arrive later this year, the company is confident it will hit its launch targets which will be accompanied by a massive new marketing campaign.

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Polestar adds Luminar lidar to 3 SUV pre-orders, confirms it’s coming to Polestar 5 GT as well

Polestar lidar

Automotive safety and autonomy specialist Luminar Technologies announced that EV automaker Polestar intends to deepen its partnership with the former by implementing its long-range Iris lidar into the upcoming Polestar 5, based on the Precept concept. Additionally, the automaker has enabled consumers pre-ordering a Polestar 3 SUV to add the Luminar lidar to their configuration starting today.

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Polestar 3 officially debuts with 300-mile range for a whopping $84k, will be manufactured in the US

After months of anticipation, Polestar has pulled the entire sheet off its first-ever electric SUV, the Polestar 3. Today we have a multitude of new details surrounding the SUV to share, including estimated range, performance specs, and starting price. The Polestar 3 will also eventually be built in the US, begging the question whether some iteration of it will be able to qualify for federal tax credits.

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Polestar CEO shares pricing for upcoming Polestar 3 and 4 SUVs expected to compete with Porsche

Polestar 3 pricing

Following a completed SPAC merger and fruitful first half of 2022, Polestar continues to ingrain itself in a growing EV market as a genuine contender. Although we won’t see the official debut of the Polestar’s next EV until October, CEO Thomas Ingenlath has shared the starting pricing of the Polestar 3. Additionally, Ingenlath shared insight on the pricing the Swedish automaker is aiming for on the Polestar 4.

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Polestar has begun US deliveries of the Long Range Single Motor Polestar 2, and we got a chance to drive it

Polestar announced it has officially begun delivering its 2022 Long Range Single Motor Polestar 2 to US consumers today. This trim delivers a 270-mile EPA range, which was announced last December and joins the 2022 Dual Motor version. I got a chance to drive it for a few days and truly believe drivers will enjoy it, especially those who are newer to EVs.

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First look at the Polestar O₂ concept: A hard-top roadster convertible with an autonomous drone built in

Polestar concept

Swedish EV brand Polestar has provided further evidence of its break from the DNA of parent Volvo Cars, unveiling its second concept vehicle, the Polestar O₂. This all-electric, hard-top convertible builds off the automaker’s Precept concept and further showcases what Polestar has planned for its future EVs from both a design and sustainability standpoint. Whether cinematic drones will be included or not remains uncertain, however.

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Polestar teases its first-ever Super Bowl ad before it airs on Sunday – spoiler alert: No supermodels, explosions, puppies, or monkeys

Polestar Super Bowl

Young EV brand Polestar will be one of several automakers joining the big game this Sunday, as its first-ever Super Bowl campaign will air during the first quarter. Unlike many other brands, Polestar is not revealing its full 30-second spot before Sunday, but it has shared a 15-second teaser that tells us more about what the ad will not feature than what it will.

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Polestar publicly reveals Polestar 5, shares three-year plan for two additional EV models

Polestar 5

During a live event at the Classic Car Club in Manhattan, Polestar has shared its three-year business plan that includes the launch of three new EVs, including two SUVs and the Polestar 5 sports sedan. Furthermore, the Swedish automaker shared its 2021 revenue, alongside promising sales projections for 2025.

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Polestar confirms Precept concept will be the Polestar 5 and offers a sneak peak of the final design

Polestar 5

As part of its ongoing YouTube documentary series tracking the progress of the Precept concept reaching full production, Polestar has confirmed the EV will be called the Polestar 5. The third episode of Precept: from Concept to Car also offers a glimpse at the final design of the Polestar 5, which is slated for production in 2024.

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