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Polestar (PSNY) delays Polestar 3 production, cuts annual target amid record Q1 deliveries

Volvo-Polestar-private

EV maker Polestar (PSNY) hit another record in the first three months of 2023, delivering over 12,000 vehicles in Q1. Despite the strong start, Polestar says it will delay the onset of production of its electric SUV, the Polestar 3, as it finalizes software development. On top of this, the EV is cutting its annual production guidance for the year.

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Polestar is betting big on its first electric luxury crossover SUV with Polestar 3 rollout on track

Volvo-Polestar-private

Polestar is going all in with its first electric crossover SUV, the Polestar 3, with plans to take on the established US core luxury market. With the Polestar 3 expected to arrive later this year, the company is confident it will hit its launch targets which will be accompanied by a massive new marketing campaign.

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Check out Polestar’s latest ode to EV performance in the 476 HP Polestar 2 BST Edition 230

Polestar 2 BST

EV automaker Polestar is picking up where it left off with last year’s limited production Polestar 2 BST Edition 270 with a next-generation version of the sedan with a keener focus on performance design. The Polestar 2 BST 230 debuts new features to the brand both inside in out that you learn more about below.

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‘Electrification is not enough.’ Polestar and Rivian report calls for urgent action to save planet

Rivian Polestar

EV automakers Rivian and Polestar have collaborated on a “Pathway Report” which has concluded that the automotive industry, which currently accounts for 15% of all greenhouse gas on Earth, is on pace to overshoot the Intergovernmental Panel on Climate Change’s (IPPC) pathway by at least 75% by 2050. The report calls for urgent action and lays out a three-lever approach with hopes the entire industry can collaborate while it still has time to get back on track with the Paris Agreement.

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Polestar adds Luminar lidar to 3 SUV pre-orders, confirms it’s coming to Polestar 5 GT as well

Polestar lidar

Automotive safety and autonomy specialist Luminar Technologies announced that EV automaker Polestar intends to deepen its partnership with the former by implementing its long-range Iris lidar into the upcoming Polestar 5, based on the Precept concept. Additionally, the automaker has enabled consumers pre-ordering a Polestar 3 SUV to add the Luminar lidar to their configuration starting today.

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2024 Polestar 2 debuts with first-ever RWD option, new motors, added range, and more

This morning, Polestar shared details of its upcoming 2024 model year Polestar 2 sedan that features upgrades well beyond the cosmetic. In addition to a revamped front end to match its 3 SUV sibling, the 2024 Polestar 2 will arrive with upgrades to its battery and motors, delivering more power and acceleration. Additionally, the newest Polestar 2 will be the brand’s first model to offer a rear-wheel drive configuration, contributing to the EV’s best range to date.

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