Polestar 3 electric SUV launches in China, starting at around $100k
Polestar has officially stepped into the global spotlight after releasing its stunning fully-electric SUV, the Polestar 3, in China.
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Polestar has officially stepped into the global spotlight after releasing its stunning fully-electric SUV, the Polestar 3, in China.
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Polestar (PSNY) strengthened its financial position in Q4 as the Swedish EV maker enters an exciting year with two new electric vehicle launches.
The company’s fourth-quarter earnings are a breath of fresh air compared to most upcoming EV makers we’ve covered, with narrowing losses and surging revenues.
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EV automakers Rivian and Polestar have collaborated on a “Pathway Report” which has concluded that the automotive industry, which currently accounts for 15% of all greenhouse gas on Earth, is on pace to overshoot the Intergovernmental Panel on Climate Change’s (IPPC) pathway by at least 75% by 2050. The report calls for urgent action and lays out a three-lever approach with hopes the entire industry can collaborate while it still has time to get back on track with the Paris Agreement.
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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’s sporty SUV coupe, slated to compete with the Tesla Model Y, was reportedly spotted for the first time in China. The Polestar 4 is the automaker’s second electric SUV in an exciting lineup of vehicles.
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The owner of Polestar and Volvo brands, Geely, is teasing a new electric sedan set to debut later this year officially.
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This morning, Polestar shared details of its upcoming 2024 model year Polestar 2 sedan that features upgrades well beyond the cosmetic. In addition to a revamped front end to match its 3 SUV sibling, the 2024 Polestar 2 will arrive with upgrades to its battery and motors, delivering more power and acceleration. Additionally, the newest Polestar 2 will be the brand’s first model to offer a rear-wheel drive configuration, contributing to the EV’s best range to date.
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Polestar is defying the odds in the new era of electric vehicles. The company’s first electric SUV, the Polestar 3, is, indeed, a vehicle for the modern era, proving EVs don’t need a front grille with what it calls the “SmartZone.”
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Chinese automotive conglomerate Geely Group has posted its annual sales results for 2022, which accounted for more than 2.3 million vehicles sold and nearly 5% growth overall. Although not all of those sales were all-electric models, EVs accounted for nearly a third of them. Here’s how each of the Group’s EV brands performed in 2022.
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Polestar and Toyota are at two opposite ends of the EV spectrum. The former is building some of the world’s most sustainable electric vehicles, while the latter has been openly opposed to going all-electric. At a recent media briefing, Polestar’s head of sustainability, Fredricka Klaren, took aim at Toyota and its EV strategy (or lack thereof), claiming anything but a fully electric future will fail to address climate change.
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This morning at CES in Las Vegas, NVIDIA shared details of its new GeForce NOW cloud gaming service coming to a bunch of EVs from well-known automakers. Furthermore, NVIDIA shared that additional automakers like Foxconn and Mercedes-Benz intend to implement its computing technology into EV design and automated production.
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Polestar (PSNY) has been executing all year, and according to CEO Thomas Ingenlath, the hard work is paying off – the company just surpassed its electric vehicle delivery goal for 2022.
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Two Swedish EV brands today announced the release of a new electric moped version designed to slice through city traffic and look good while doing it. Electric car maker Polestar and electric motorbike maker CAKE have teamed up to release a new Polestar limited-edition of the CAKE Makka e-moped.
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According to news from Polestar this morning, North American 2 owners can now access a performance software update that permanently bolsters the horsepower and torque of their EV. The automaker also says those who purchase the upgrade should see increases to the EV’s mid-range acceleration.
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Swedish electric automaker Polestar has toyed around with two-wheelers before, but the company looks set to embark on its most ambitious bike project yet with a new electric bicycle model.
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Polestar (PSNY) is gearing up to launch its new electric sports car, the Polestar 6, in 2026. The Swedish electric vehicle maker calls it “the future of the sports car,” as Polestar wants it to go head-to-head against the Porsche 911 in dynamic driving.
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Since it was first announced by Polestar this past June, I’ve been excited for an opportunity to get behind the wheel of its hand-tuned, performance-focused Polestar 2 BST edition 270. As the name of this elevated dual-motor EV eludes, only 270 units were made, and I was fortunate enough to test one out through the woods and beaches of Northern California. Here’s how it went.
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Polestar (PSNY) recorded its first profit since going public in Q3 as the Swedish EV maker builds momentum heading into the end of 2022. Strategic cost-cutting measures and rising demand pushed Polestar into positive earnings territory as the company eyes 50,000 deliveries by year’s end while solidifying its position in the rapidly evolving global auto industry.
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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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About a month before it releases its full financial report for Q3 2022, Polestar has shared some of its global volumes to date, including deliveries. With production strains brought on by COVID-19 easing up in China where Polestar’s EVs are built, the automaker believes it can significantly bolster customer deliveries in Q4 and still reach its target volume of 50,000 units.
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According to a recent revenue report, EV automaker Polestar brought in over $1 billion in revenue in the first half of 2022. That’s nearly 100% growth compared to the first half of 2021, offering further evidence that Polestar is poised to become a major contender in the EV market.
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Two weeks after announcing its O² roadster concept would see scaled production as the Polestar 6, the EV automaker has announced that all 500 slots of its “LA Concept” edition are all spoken for. Even though its scheduled launch remains four years away, the appetite for the Polestar 6 is strong.
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Two Swedish electric mobility companies are teaming up in the first ever battery deal between an electric car company and an electric boat maker. Polestar’s powerplants will find their way into two models of Candela’s flying electric boats, marking an industry first.
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EV automaker Polestar continues to make headway toward becoming a major contender in the market. With a fiscally favorable first half of 2022 and an arsenal of novel EV models in its pipeline, the Polestar has announced its sporty O₂ roadster concept will become its latest production model, donned… wait for it… the Polestar 6.
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