Polestar 1 also received a phone-as-key ("phone as a key") which allows you to open the vehicle using the app on the smartphone.
Volvo claims this will be the only hybrid released under the Polestar brand, with all future vehicles expected to be fully electric. The first production model was reveled in Shanghai as the announcement came. Polestar will have access to Volvo's deep knowledge base, engineering expertise and platform technologies, helping it to launch vehicles more efficiently than a brand-new independent automaker. All Polestar cars will be signed on with a 2 or 3-year subscription at an all-inclusive monthly payment.
All future cars from Polestar will have a fully electric powertrain. It has developed a carbon fiber body, which Volvo says cuts some 507 lb (230 kg) of total weight while boosting torsional stiffness by 45 percent and lowering center of gravity.
If the 1 looks familiar, it's probably because some of the design language was previewed on Volvo's 40.2 sedan concept a year ago.
Revealed this week was the hybrid Polestar 1, a four-seater grand tourer which generates 447kW (600 horsepower) and has a range of 150km on pure electric power alone. For more performance the auto is equipped with two-liter four-cylinder petrol engine. "Polestar's technology and product offering benefits from synergies and economies of scale enabled by the Volvo Car Group, helping Polestar to accelerate design, development and production processes at a fraction of the time it takes for other new entrants", the company said in a statement. According to Ingenlath, this is in keeping with the "brand vision of being the new standalone electric performance brand". Additionally, it uses a double electric rear axle that enables torque vectoring. It also features Ohlins continuously controlled electric suspension (CESi). The driver will also be able to adjust suspension settings manually.
Volvo, owned by Zhejiang Geely Holding, bought Polestar in 2015 and relaunched the brand as a stand-alone electric vehicle unit in June this year. "However, for Polestar, performance is far more holistic than just straight-line speed".
Polestar is now building a new, state-of-the-art production facility in Chengdu, China, part of a US$750 million investment from Volvo and Geely Holding. Now under construction, it is due for completion in mid-2018.
The Polestar 2's production will begin later in 2019. Both will be battery electric vehicles (BEVs). Polestar will also move away from today's traditional ownership model.
Ordering and configuring your new Polestar will be dealt online but the company will also open a network of so-called "Polestar Spaces" around the world, which will be standalone facilities and not within the existing Volvo showrooms. The costs will include insurance and maintenance.