Volvo unveils Polestar model in China

Volvo unveils Polestar model in China

Interestingly, Volvo says the powertrain is an "electric vehicle supported by an internal-combustion engine", which may mean the electric motor and battery pack take a lead role in the hybrid system.

Polestar does not plan to sell its cars according to the traditional model. For maximum performance, the petrol and electric motors operate together to deliver the maximum 600hp and 1,000Nm available. Just as the brand takes the cover off its first product, the 600 horsepower Polestar 1, the brand is already confirming a Tesla Model 3 rival next. Subsequent models are meant to be strictly electric vehicles. The Polestar 1, for instance, will share about half its parts with Volvo cars.

Back to Polestar 1, the "halo" vehicle of the group. Should your interest have been piqued though, the order books for the new Polestar 1 open on October 17th, with the RRP set at 130,000 euros and expectations set equally as loftily. The automaker says this will "radically shorten the time Polestar needs to commercially launch its cars".

The money, which will be split between Volvo and its Chinese parent company Geely, will primarily be used to establish a new state-of-the-art production facility in Chengdu, China, where the Polestar 1 will be built starting in mid-2019.

Its manufacturers are planning to sell the vehicle under an innovative new "subscription" payment method, where a two to three year monthly payment gives the customer not only the use of the auto but various maintenance and insurance services. As well as an all-inclusive subscription for other owning costs, the new service will also allow Polestar owners to swap and change models. The vehicle can also be shared via a smartphone app, replacing a traditional auto key.

"The flat rate subscription means that having a Polestar vehicle becomes a hassle-free experience for the customer", Polestar said in a release. Instead, there will be Polestar stores-called "spaces" in Polestarese-where customers can access expert staff for assistance in demonstration or explanation of any features, as well as assisting in the subscription process.

Just minutes after dropping a final teaser, Polestar has taken the virtual wraps off its first production auto.

We only know it pairs an internal-combustion engine-presumably an inline-4-with a battery pack and electric motor, making it some variety of a plug-in hybrid.

Helping the Polestar 1 through bends is going to be the carbon fiber body - a first for the Volvo Car Group.

Unsurprisingly, the Polestar 3 is an SUV-style BEV that's now in the "finishing stages of design".

On the outside, the Polestar 1 looks like a tricked-out Volvo XC90 saloon, but under the surface, it'll be very different. A launch date hasn't been revealed, but is likely to be 2020 or 2021.

Polestar expects China, where the government is promoting electric vehicle development, to account for about one-third of global sales, according to Ingenlath.

Volvo's chief executive Hakan Samuelsson said there was huge demand for premium electric cars in China, but added a lot of others players were moving into the market, raising competition.

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