Financial News
Polestar Electric Roadster Concept Planned to Enter Production as Polestar 6
Polestar (Nasdaq: PSNY), the Swedish electric performance car company, confirms plans to put the Polestar electric roadster concept into production. The production car is expected to launch in 2026 as the Polestar 6 electric performance roadster. Interested customers in all active Polestar markets are able to reserve a build slot online starting August 16, 2022.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220816005039/en/
Polestar electric roadster concept (Photo: Business Wire)
“With the overwhelming consumer and press response, we took the decision to put this stunning roadster into production and I am so excited to make it a reality,” says Thomas Ingenlath, Polestar CEO. “Polestar 6 is a perfect combination of powerful electric performance and the thrill of fresh air with the top down.”
Revealed in Los Angeles in March as the Polestar O₂, the electric roadster concept builds on the design, technology and sustainability ambitions laid out by the Polestar Precept and showcases the brand’s vision for future sports cars.
The hard-top convertible will be built on Polestar’s bespoke bonded aluminum platform. Developed in-house, it will feature the high-performance, 800-Volt electric architecture already confirmed for Polestar 5. This includes output of up to 884 hp (650kW) and 663 lb-ft (900 Nm) from a dual motor powertrain, a targeted 0-62 mph (0-100 km/h) sprint time of 3.2 seconds and a top speed of 155 mph (250 km/h).
To celebrate the launch, 500 numbered units of a special ‘LA Concept’ version, the ‘Polestar 6 LA Concept edition’, are planned to be produced. They will exclusively feature the unique ‘Sky’ blue exterior, light leather interior and unique 21-inch wheels of the original Polestar O₂ concept.
The production confirmation headlines the brand’s attendance with the electric roadster concept at the Pebble Beach Concours d’Elegance and ‘The Quail, A Motorsports Gathering’ events during Monterey Car Week in California, August 18-21, 2022.
Further technical details and specification confirmations will be released as the production car becomes reality, leading up to the expected launch in 2026.
For more information and to reserve a build slot, visit polestar.com/polestar-6.
About Polestar
Polestar Automotive Holding UK PLC (Nasdaq: PSNY) (“Polestar”) is a Swedish premium electric vehicle manufacturer. Founded by Volvo Car AB (publ.) (together with its subsidiaries, “Volvo Cars”) and Zhejiang Geely Holding Group Co., Ltd (“Geely”), in 2017, Polestar enjoys specific technological and engineering synergies with Volvo Cars and benefits from significant economies of scale as a result.
Polestar is headquartered in Gothenburg, Sweden, and its vehicles are currently available and on the road in markets across Europe, North America, China and Asia Pacific. By 2023, the company plans that its cars will be available in an aggregate of 30 markets. Polestar cars are currently manufactured in two facilities in China, with additional future manufacturing planned in the USA.
In the US, the local Polestar office is located in the New York metro area, in Mahwah, New Jersey. Polestar Spaces have been opened in Los Angeles, the San Francisco Bay Area, and Orange County, Calif.; New York City; Denver, Colorado; Boston; Central and Southern New Jersey; Dallas and Austin, Texas; Detroit; Minneapolis; Phoenix; Seattle; Atlanta; Charlotte, North Carolina; Connecticut; South Florida; and Washington D.C., with more to follow in Central California, the Pacific Northwest, and Hawaii.
Polestar has produced two electric performance cars. The Polestar 1 was built between 2019 and 2021 as a low-volume electric performance hybrid GT with a carbon fiber body, 619 hp, 738 lb-ft of torque, and an electric-only range of 52 miles (EPA) – the longest of any hybrid car in the world.
The Polestar 2 electric performance fastback is the company’s first fully electric, high-volume car. The Polestar 2 model range includes three variants with a combination of long- and standard range batteries as large as 78 kWh, and dual- and single-motor powertrains with as much as 476 hp and 502 lb-ft of torque.
From 2022, Polestar plans to launch one new electric vehicle per year, starting with Polestar 3 – the company’s first electric performance SUV which is expected to debut in October 2022. Polestar 4 is expected to follow in 2023, a smaller electric performance SUV coupe.
In 2024, the Polestar 5 electric performance 4-door GT is planned to be launched as the production evolution of Polestar Precept – the manifesto concept car that Polestar released in 2020 that showcases the brand’s future vision in terms of design, technology, and sustainability. As the company seeks to reduce its climate impact with every new model, Polestar aims to produce a truly climate-neutral car by 2030.
In March 2022, Polestar revealed its second concept car, an electric performance roadster which builds on the design, technology and sustainability ambitions laid out by Precept and showcases the brand’s vision for future sports cars. The hard-top convertible presents an evolution of the unique design language first shown by Precept and emphasises a dynamic driving experience. The concept further develops the focus on sustainability and technology, aiming towards greater circularity. Polestar confirmed in August 2022 that a version of the concept will be produced as the Polestar 6 electric performance roadster, with launch expected in 2026.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220816005039/en/
Contacts
Jonathan Goodman
PR & Communications, Global
jonathan.goodman@polestar.com
John Paolo Canton
PR & Communications, North America
jp.canton@polestar.com
Bojana Flint
Investor Relations
bojana.flint@polestar.com
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