Volvo’s Polestar performance brand plans to develop and produce its own electric car which is expected to debut later this year.
Geely, the parent company of Volvo and Polestar intends to expand its product range in order to directly compete with the German carmaker - Volkswagen.
To achieve this aim, the Swedish luxury brand must have a firm foothold in F-segment (luxury vehicle segment) where Volvo is quite confident of winning. However, according to Hakan Samuelsson - Volvo Boss, Geely even wants Polestar to get involved in this fight.
Volvo’s Polestar performance brand plans to develop and produce its own electric car
Accordingly, launching the Geely’s plan will be an all-electric sports car called Polestar. The Polestar will take a leaf from Mercedes-AMG’s book, which builds its own supercars like the AMG GT together with making “roided-up Merc variants”.
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Rumors suggest that the Polestar probably uses the powertrain from the forthcoming version of the V90 and S90. Besides, it has been unsure of whether the Polestar will be based on Volvo’s Scalable Product Architecture (SPA) underpinnings in the V90 and S90 or Compact Modular Architecture (CMA) in Volvo’s SUVs.
The Polestar sports car will be a serious rival in the electric car racing series next year
Additionally, with the assistance of Lotus, it’s likely that the Polestar would benefit from Lotus’ technology, Lotus’s suspension tuning, for example.