Polestar launches Polestar 4 SUV Coupé in Dubai, UAE On November 14, Al-Futtaim Electric Mobility (AFEM), official distributor of Polestar, launched the Polestar 4 SUV coupé at the SEE Institute in Dubai, UAE. The Polestar 4 is the fastest production car the brand has ever developed, accelerating from 0 to 100 kmph in just 3.8 seconds. The Long-Range Dual Motor version delivers a maximum power output of 400 kW (544 hp), while the Long-Range Sin...

News  Updated at: 2024/11/20

Polestar 3 production begins in Ridgeville, South Carolina On August 14, Polestar announced that production of its luxury SUV, Polestar 3, has started in Ridgeville, South Carolina. This makes the Polestar 3 the first Polestar to be produced on two continents. The Ridgeville plant produces cars for customers in the U.S. and Europe, avoiding recent tariff hikes, while existing production continues in Chengdu, China.  “Manufacturing Polestar 3 i...

News  Updated at: 2024/08/15

Bcomp, Switzerland with Polestar, Sweden develops fabric for transforming interior of vehicles On December 15, Bcomp announced that it has developed a fabric, in collaboration with Polestar, that will transform the interior of vehicles and promote sustainable luxury and design. Polestar Signature Weave combines a smooth surface with a grid-like structure, which results in a flexible but very robust material that will be used in various interior t...

News  Updated at: 2023/12/26

Tesla, GM, Polestar join global emission tracking program Climate TRACE Tesla, General Motors, Polestar, and others have signed an agreement to use a database that tracks greenhouse gas emissions, with this year’s report having been shared by U.S. Vice President Al Gore at the COP28 climate conference this weekend. The database, dubbed Climate TRACE, was created by Gore’s global climate coalition to keep close track of supply chain emissions....

News  Updated at: 2023/12/05

Singapore Motorshow 2024 to be held from January 11 – 14, 2024 Reported on November 23, 2023, the Singapore Motorshow 2024 will be held from January 11 - 14 at the Suntec Singapore Convention & Exhibition Level 3 and 4. Some of the models to be presented will also make its ASEAN debut at this event.  The carmakers that have already confirmed their participation include Audi, BMW, Citroën, DFSK, Honda, Hyundai, Kia, Lexus, Maxus, Mazda, Merced...

News  Updated at: 2023/11/27

Polestar Day in LA: Korean production in 2025, V2G projects, StoreDot’s XFC demo On November 9, at its inaugural Polestar Day in Los Angeles, California, Polestar’s full range of future models was exhibited together for the first time, including Polestar 3, Polestar 4, Polestar 5, Polestar Precept, the Polestar Electric Roadster Concept and Polestar Synergy. At the exhibition, Polestar confirmed that manufacturing of Polestar 4 in Hangzhou Ba...

News  Updated at: 2023/11/10

Polestar, Sweden announces new business plan and funding update On November 8, Polestar Automotive Holding UK unveiled a strengthened business plan that reorients a path to profitability by prioritizing margin progression over volume, with the goal of reducing the Company's total funding requirement to achieve cash flow break-even in 2025. For fiscal year 2025, Polestar expects to attain a gross margin in the high teens with a total annual volume...

News  Updated at: 2023/11/09

Horiba Mira, UK collaborates with its partners to work on reducing testing costs of automated driving systems On October 17, Horiba Mira collaborated with Polestar, IPG Automotive, Connected Places Catapult, and Coventry University to enable the development of better and safer automated driving technologies. Horiba Mira will lead CERTUS, a project funded in part by public monies from CCAV (Centre for Connected and Autonomous Vehicles), which aims...

News  Updated at: 2023/10/17

Polestar, Sweden conducts hot weather testing of Polestar 3 in UAE On September 26, Polestar announced that it conducted extremely hot weather testing of Polestar 3 in the United Arab Emirates. The 2-weeks testing process was conducted in the urban metropolises and deserts surrounding Dubai and Abu Dhabi in temperatures up to 50 degrees Celsius (122° F) and is one of several extreme weather tests that Polestar cars undergo during development.The...

News  Updated at: 2023/09/27

Tesla delivers 83% more vehicles in Q2, operating income down 2.6% to USD 2.4 billion Tesla announced its financial results for the second quarter of 2023 on July 19.Sales increased 47.2% to USD 24,927 million, operating income fell 2.6% to USD 2,399 million, and net income increased 19.7% to USD 2,703 million. Adjusted EBITA increased 22.7% to USD 4,653 million, and operating margin was 9.6%, a significant drop from 14.6% in the same period last...

News  Updated at: 2023/07/20

Dodge, Alfa Romeo top brands in J.D. Power’s 2023 U.S. Initial Quality Study On June 22, J.D. Power released its influential 2023 U.S. Initial Quality Study in which owners of 93,380 2023 model year vehicles were asked about problems in various areas.The study noted a rise in problems 12 PP100 greater than in 2022, especially with driver assistance features and aerodynamically-designed exterior door handles that are difficult in actual use.The ...

News  Updated at: 2023/06/24

reliable brands in CR’s annual auto reliability brand rankings, with BMW jumping up 10 spots from 2021 to join the two most reliable brands in the survey.Every year, CR asks its members about problems they’ve had with their vehicles in the previous 12 months. For 2022, it gathered data on over 300,000 vehicles, from the 2000 to 2022 model years (with a few early-introduced 2023 model years), that address 17 trouble areas, including engine, t...

News  Updated at: 2022/11/22

Volvo Cars increases shareholding in Polestar to 49.5 per cent On July 12, Volvo Cars announced that it acquired additional shares in Polestar, the electric performance vehicle brand, which will result in its shareholding increasing to 49.5 per cent. The move reflects Volvo Cars’ strong conviction in Polestar’s positioning and exciting potential in the high growth segment for premium electric vehicles. Polestar leverages manufacturing capabil...

News  Updated at: 2021/07/13

Polestar reported in talks to go public by merger with U.S.-based SPAC On July 8, Polestar, jointly owned by the Volvo Car AB and China’s Zhejiang Geely Holding Group, was reported to be in talks to go public by merging with the Boulder, Colorado-based Special Purpose Acquisition Company (SPAC), Gores Guggenheim.If its merger with the SPAC Gores Guggenheim materializes, Polestar is expected to be valued at around USD 25 billion, meaning that t...

News  Updated at: 2021/07/10

Polestar 3 electric performance SUV to be manufactured in U.S. On June 16, Polestar, the premium electric car brand from Sweden, announced its first all-electric SUV will be manufactured in the U.S.The forthcoming Polestar 3, an aerodynamic electric performance SUV, will be manufactured for the U.S. market alongside new Volvo vehicles at the Volvo Cars production plant in Ridgeville, South Carolina. Polestar 3 will debut the new generation of ele...

News  Updated at: 2021/06/17

Euro NCAP publishes ratings for Polestar 2 and Cupra Formentor On March 3, Euro NCAP announced that with its first 2021 safety ratings publishing, two new cars – the Polestar 2 and the Cupra Formentor – achieve the maximum five-star rating against the latest protocol regime.  The Renault Arkana and Lexus UX 300e, both derived from previously-tested models, are added to the list of 2019-rated cars. In both adult occupant and child occupant pr...

News  Updated at: 2021/03/03

ational Exhibition Center (CIEC) in the city. The new CIEC venue houses passenger vehicles and commercial vehicles exhibited by domestic and overseas automakers. With regard to the schedule at the new CIEC venue, September 26 and September 27 are Media Days; September 28, September 29 and September 30 are Trade Days; and the period from October 1 to October 5 are Public Days. Exhibits at the old CIEC venue are automotive parts and new energy vehi...

News  Updated at: 2020/09/26

abilities, and further strengthens the brand’s ability to engineer its future electric performance vehicles. It will initially employ around 60 engineers, bringing a wealth of specialised skills to the company that will specifically support the development of future Polestar cars, beyond Polestar 3. These engineers have already been involved in preliminary development work for Polestar, and will now be fully immersed into future Polestar car p...

News  Updated at: 2019/05/09

Michelin's tires fitted on Volvo S60 and V60 Polestar Michelin announced that all of the new Volvo S60 and V60 Polestar, which will be sold on four continents around the world from June 2014, will be fitted with 245/35 R 20 MICHELIN Pilot Super Sport ultra-high performance tires as standard. Also, for winter driving, the MICHELIN Pilot Alpin 4 and X-Ice North 3 tires are recommended fitments. (From a press release on April 9, 2014)...

News  Updated at: 2014/04/09