Tesla is facing another potential rival in the electric vehicle market.
Polestar, Volvo’s standalone electric vehicle brand, is unveiling its Polestar 2 model, a five-door car that will contain two electric motors. According to the company, the car is targeted to travel up to 275 miles on a single charge with its 78kWh battery. With about 408 horsepower, the vehicle can go from 0 to 60 mph in less than five seconds.
The launch edition of the Polestar 2 will cost $63,000 before $7,500 in federal incentives. Production of the car will begin in China in early 2020, and prospective customers can pre-order online at polestar.com.
Polestar said its car is meant to compete with Tesla’s Model 3. Earlier this week, Tesla announced a $35,000 version of its EV. Previously, the Model 3 had a starting price of about $44,000. Tesla’s pricier models, the Model S and Model X, have starting prices of $94,000 and $97,000, respectively.
Everything about the vehicle “has been designed and engineered with passion and dedication,” Polestar CEO Thomas Ingenlath said in a statement. “As an electric performance brand, and through the forthcoming launch of a portfolio of fully electric cars, Polestar is determined to address the world’s air quality challenges.”
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The EV will also have an infotainment system powered by Android. With this installation, Google services — such as Google Assistant and Google Maps — will be embedded into the car. Moreover, the car will use phone-as-key technology.
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