Polestar showcases Polestar 1 in Beijing, confirms Polestar 2 for 2019

The Polestar 1 has debuted at Auto China 2018 in Beijing, after it was launched in Shanghai in October 2017 and at the recent Geneva  Motor Show.

Volvo owned Polestar has announced the debut of the Polestar1 at the 2018 Beijing Motor Show. They have also confirmed the final price of the high-performance hybrid coupe.

“After our public introduction at the Geneva Motor Show in March, we are excited to be back in China – one of the key markets for the Polestar brand,” says Thomas Ingenlath, the chief executive officer at Polestar.

Pricing for the Polestar 1 has now been confirmed as 1.45 million RMB (Rs 1.53 crores) in China, 155,000 euros (Rs 1.26 crores) in Europe and $155 000 (Rs 1.03 crores) in the United States. Details of Polestar’s all-inclusive subscription pricing will be confirmed at a later date.

In March, pre-orders for the Polestar 1 were opened to over 7,000 people in 18 countries who had expressed interest in owning a Polestar 1, enabling them to pay a deposit as a placeholder in the queue for the car.

Thomas Ingenlath further revealed, “In 2019, we will launch our next car, the Polestar 2 – a mid-sized fully-electric car which is well developed in its engineering phase. We will follow that up with the Polestar 3, a stunning electric SUV with a beautiful aerodynamic silhouette that is already advanced in its design phase.”

Polestar had recently started operations at the new Polestar production centre in Chengdu, China. The dedicated facility now has a completed roof structure and is on track towards tooling installation and pre-production testing by the end of 2018. The Polestar Production Centre will build all Polestar 1 cars for customers around the globe.

Refraining from the traditional sales approach

August Wu, the newly appointed President from Volvo Cars, will lead the development of Polestar in China with a focus on the new Polestar retail network – called Polestar Spaces. However, retail functions like placing an order will be digital.

“Polestar engagement will be digital and our cars will be offered primarily on a subscription basis. There will be one monthly payment covering all of the traditional costs associated with car ownership,” concludes August Wu.

The Polestar 1 is an electric performance hybrid GT which produces 600 horsepower and 1,000 Nm of torque, as well as 150 km of pure electric driving range – one of the longest of any hybrid car in the world.

The Electric Performance Hybrid powertrain features an internal combustion engine powering the front wheels, while a double electric rear axle drive system powers the rear wheels from a total of 34 kWh of battery power. In combination, the Polestar 1 is an electric vehicle with the benefits of an internal combustion engine to supplement the electric drive over long distances when required.

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