Polestar unveiled a glimpse of its upcoming electric SUV, the Polestar 3, which will be the first car of the Volvo Performance sub-brand to be manufactured in the United States.
The SUV, which is expected to launch in 2022, will be in the premium category, and will compete with EVs such as the Tesla Model X, Audi E-tron, Mercedes-Benz EQC, Rivian R1S, and Fisker Ocean. The polyester will be assembled at Volvo’s factory in Charleston, South Carolina, making it the company’s first EV to be built on American soil.
“We’re going to build for Americans in the United States,” says Thomas Inglath, CEO of Polstar.
In addition to being a more powerful vehicle than the Polstar 2 fastback sedan, the Polster 3 will also include a partially autonomous driving system for highway driving. This will be thanks to the inclusion of lidar sensors from supplier Luminar, which is also providing Volvo with components for hands-free highway driving.
Volvo has said it will roll out the Highway Pilot as part of its next major platform update, Scalable Product Architecture (SPA2), which will come in 2022 with the next generation XC90 SUV and Polestar 3. The SPA2 will also lower the XC40 recharge. And C40 recharge.
Polestar, which began as a performance sub-brand of Volvo, has emerged as one of the most exciting EV companies on the market in recent years. The company, which is jointly owned by Volvo and Volvo’s parent company, Gali, has recently announced plans to merge with a special acquisition company, or SPAC.
Polstar has released only two vehicles so far: 5 155,000 Hybrid Coupe Polyester 1 and All Electric Fast Back Sedan Polyester 2. This lineup will be followed by the release of the Polestar 3 SUV in 2022, the Polestar 4 compact SUV in 2023, and the Polaster 5 (née Precept) sports sedan in 2024.
We still don’t have the details for the Polstar 3, including price, battery size, range, and motor configuration. For its price, the Polyester 2 plays a 78kWh battery pack, enabling a range of 291 miles (470 km). The electric motor turns off 408 horsepower, allowing 0-60 time in less than five seconds.
The car was tampered with during the Manhattan event, which updated investors about Polster’s three-year business plan.