- Production of the Polestar 2 commenced today in China; the vehicle is expected to reach European markets this summer and eventually make it to China and North America.
- The Polestar 2 is the Volvo Car Group’s first full-electric vehicle and is part of Volvo’s push to electrify its entire lineup by 2025.
- Polestar estimates that in the U.S. market, the vehicle will start at $63,000.
Just as life in the U.S. has shutdown, factories and commerce in China are resuming. With that, Volvo’s factory in Luqiao, China, is back online and has begun production of the new, full-electric Polestar 2, the first of its kind for the Volvo Car Group.
The automaker first revealed the Polestar 2, the counterpart to the Polestar 1, back in February of last year. The uniquely styled car is powered by a 408-hp motor and sends power to all four wheels. The 78.0-kWh battery offers a range of 292 miles based on the European WLTP cycle.
Polestar has released pricing for Europe and estimates that the vehicle will start under $65,000 in the U.S. The EV will first reach European markets this summer, and then will reach China and North America on a “market-by-market basis.”
The third vehicle in Polestar’s product lineup, unsurprisingly named the Polestar 3, is an all-electric SUV and is expected to come to market near the end of 2021.