Polestar Opens Massive EV Factory And Production Begins On Polestar 1 - But Who Will Buy It?

Polestar, Volvo&rsquo;s electric car brand, announced today the opening of its massive new electric car factory in Shanghai and the start of production of the Polestar 1.<br /><br />When Volvo rebranded Polestar two years ago, it was off to a somewhat awkward but interesting start as it unveiled its first vehicle, the Polestar 1.<br /><br />The car turned out to be a highly expensive plug-in hybrid, which quickly sounded outdated when the automaker announced that they would bring an all-electric &ldquo;Tesla Model 3 competitor.&rdquo;<br /><br /><br />
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dlin - 8/27/2019 11:47:31 AM

+1 Boost

Polestar 1... for what?
Worst move of reborn Volvo

rockreid - 8/27/2019 2:44:22 PM

+2 Boost

Ummm.... ummm.. €68k for a 275-mile range Model 3 Base car competitor? That’s over $75k in USD direct exchange.

Good luck with that.

Base Model 3 is $39k.

runninglogan1 - 8/27/2019 10:56:23 PM

+3 Boost

You mean $150k. Polestar 2 is the $68k version.

That will be built at a different factory.

atc98092 - 8/27/2019 3:28:14 PM

+2 Boost

While the EV range of this PHEV would be outstanding, I have trouble believing they will sell many. The Polestar 2 EV will be the one that has a more affordable price.

PUGPROUD - 8/27/2019 4:16:39 PM

0 Boost

Volvo is a niche player with a unique following. Total volume this year of only 600,000 units so its own EV volume expectations are likely reasonable and attainable.

MDarringer - 8/27/2019 7:54:09 PM

0 Boost

Why the Polequeen name at all? This should just a Volvo EV effort.

MBCLS07 - 8/27/2019 8:34:02 PM

+2 Boost

Polestar 1 is a beautiful coupe, but anything over $54K is a non-starter.

runninglogan1 - 8/27/2019 11:22:07 PM

+2 Boost

Try $150k.