The Swedish manufacturer expects to sell 24,000 units of the medium-sized electric vehicle next year.
Swedish carmaker Polestar will unveil its flagship SUV in October, extending the brand’s range to a trio of models.
Volvo Car Affiliate will begin delivering Polestar 3, a Porsche Cayenne-sized crossover, to Europe and the US early next year.
Polestar expects to sell 24,000 units of Polestar 3 next year, bringing the number to 67,000 in 2024 and 77,000 in 2025, according to company figures. Polestar 2 is expected to remain the world’s best-selling brand at the time. The brand’s range also includes the low-performance Polestar 1 performance plug-in hybrid.
Prior to launch, Polestar released a new film and the first image of the medium-sized crossover.
Unlike the current Volestar-inspired Polestar 2 sedan, the Polestar 3 features new design elements that include a sloping silhouette and a style for headlights and taillights that are distinct from other Polestar models.
“The goal of the Polestar range is to be more sporty and to focus more on the driver. Even if it is an SUV like Polestar 3, it will have an elegant silhouette, which means that there will be less emphasis on cargo space and more on propulsion. It will also have a bolder design, “Polestar CEO Thomas Ingenlath told Automotive News Europe.
Broken car from the future
Polestar plans to equip the new model with hardware and technology that will allow autonomous driving on the highway by the middle of the decade, including Lidar sensors from Luminar Technologies and electronic computer components from Nvidia.
The sensors are packaged in the so-called Smart Zone, a transparent panel on the front grille of the Polestar 3.
Polestar 3 is built on a new all-electric platform, SPA2, developed by Volvo for its state-of-the-art vehicles, designed with twin engines and an estimated range of 600 km, based on European WLTP standards.
Once the technology is approved, the new platform will also offer eye-free, hands-free driving.
Polestar 3 is the key to the young brand’s ambitions to increase its global sales tenfold to about 290,000 units by 2025. Polestar plans to launch a new car every year for the next three years, starting with Polestar 3, and aims increase its presence in at least 30 global markets by the end of 2023.
“This is a major milestone for our company, one that stimulates our growth trajectory and takes us to our next phase,” said Ingenlath.
Polestar did not disclose the price for Polestar 3.
Polestar 3 will be built at the Volvo US plant near Charleston, South Carolina, and at a factory in Chengdu, China.