Polestar publicly reveals Polestar 5, shares three-year plan for two additional EV models
During a live event at the Classic Car Club in Manhattan, Polestar has shared its three-year business plan that includes the launch of three new EVs, including two SUVs and the Polestar 5 sports sedan. Furthermore, the Swedish automaker shared its 2021 revenue, alongside promising sales projections for 2025.
Polestar is a Swedish premium EV brand launched in 2017 as an independent venture between Volvo Cars Group and Geely Holding Group. To date, it has delivered one PHEV in the Polestar 1, and the all-electric Polestar 2, which is now seeing revamped 2022 models roll out.
As part of its plans to offer EV manufacturing and retail in the US, the automaker shared details of an upcoming Polestar 3 SUV to be built and sold stateside in 2022. We then learned that the Polestar 3 would be followed by a fourth EV, previously known to the public as the Precept concept.
Last month, Polestar confirmed that the Precept, which has been on a documented journey from EV concept to production model, would in fact be called the Polestar 5. With Polestar 1s and 2s on roads around the world, and a 3 and 5 confirmed, we couldn’t help but wonder, “what about a Polestar 4?”
During a live event outlining its business strategy over the next three years, Polestar has now confirmed a Polestar 4 is in the works for 2023, and it will join the 3 as an electric SUV.