Volvo unveils the Polestar 1: Sweden’s first electric sports car 0

Blog 4

Volvo and its Chinese parent company Geely have revealed a ambitious mass market hybrid electric sports car.

The vehicle, called the Polestar 1 is described as ”an electric car supported by a traditional internal combustion engine”.

Despite being designed in Sweden, the car is set to be manufactured in China, at the Geely plant in Chengdu. It is expected to be in dealerships by 2019.

The Polestar has been created to compete with the Tesla Model 3, the brand’s first mass market vehicle. Elon Musk’s brainchild has been incredibly successful with 500,000 advance orders. With a significantly heftier price tag at £130,000 compared to the Model 3’s relatively frugal £35,000, it will interesting if the Polestar can truly be marketed as a valid competitor to the Tesla.

This development helps cement Volvo’s statement in July, that all new cars from 2019 onwards would be entirely electric or hybrids. In doing this the car maker became the first major company to commit to dropping the internal combustion engine.  

The company is aiming to build a maximum of 500 Polestar 1s a year in Chengdu, but to scale-up for future all-electric models. “Our vision [is] of being the new standalone electric performance brand,” said Thomas Ingenlath, Polestar chief executive.

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