It is a two-door, four-seater electric auto supported by an internal combustion engine. Polestar says this vehicle has the longest range of any hybrid on the market.
The first will be the Polestar 1, a futuristic-looking plug-in hybrid sports coupe capable of churning out a total 600 horsepower and 737 lb-ft of torque between the two electric motors powering its rear wheels and the 2.0-litre Drive-E gas four-cylinder underhood.
"All future cars from Polestar will be electric performance vehicles, but the Polestar 1 bridges today's technology with the future, offering the flawless drivetrain for a grand touring coupe that's likely to be used over longer distances as well as shorter, faster, enjoyable journeys". The monthly lease price is configured like a car-sharing subscription, with insurance and maintenance included.
Volvo or not, the new Polestar 1 will help to show that electric technology can also be used as a synonym of performance.
Polestar will even allow subscribers to request other cars for special occasions or rent Volvo or Polestar vehicles in other cities.
Order books for the Polestar open today, with future customers also able to express their interest from today.
Volvo has officially reinvented its Polestar performance brand into its new "standalone electric performance brand" as the company moves forward with its all-electric future. Additionally, Polestar 1 uses a double electric rear axle which enables torque vectoring.
Polestar says this is the world's first vehicle to be fitted with the all-new class-leading Ohlins Continuously Controlled Electronic Suspension (CESi) advanced chassis technology.
On the outside, the Polestar 1 looks like a tricked-out Volvo XC90 saloon, but under the surface, it'll be very different.
Finally the third offering from the performance aimed company will be a larger SUV-style BEV, the Polestar 3, which will aim to create a modern expression of electric performance and driving dynamics. The fact it was designed by Polestar boss and former Volvo design boss, Thomas Ingenlath might be the fire to the smoke of the rumour.
Polestar 1, then. Could it be the auto to convince you to go hybrid?
That vehicle will go into production in 2019. Polestar 1 also uses a carbon-fiber body said to cut weight, provide a low center of gravity and increase torsional rigidity by 45%.
Given the specificity of mentioning the Model 3 in the release, it is a safe bet Polestar 2 will feature a 50 or 70-kWh battery pack to adequately compete with the Tesla. Instead, you will spec and order your auto online and lease it for either two or three years. So far, Polestar says it's aiming to build between 500 to 1000 Polestar One's a year and intends to sell the majority of them from Tesla/Apple-like stores located around major world cities via a subscription system.