Polestar sees “Tesla and increasingly electrified Porsche” as its competition
During the course of a recent interview with Ward Auto, Polestar CEO Thomas Ingenlath said that the automaker considers “Tesla and the increasingly electrified Porsche” as its main competitors.
Ingenlath was apparently talking about Tesla Motors and Porsche as Polestar’s “competition set” in terms of a performance electric vehicle (EV).
Polestar was previously the performance brand of Volvo, but the Swedish automaker re-launched it as an all-electric brand in 2017. As an EV maker, Polestar’s first vehicle -- called Polestar 1 -- is a highly expensive plug-in hybrid, priced at a whopping $150,000.
Polestar has already announced in a press release that its next EV --- Polestar 2 -- would be an all-electric “Tesla Model 3 competitor,” and added that Polestar would “vividly compete with” Tesla in the EV market. The Polestar 2 EV is scheduled for launch in the second half of 2019, and will likely hit production by the beginning of 2020. The vehicle will be priced at around $49,300.
Other than revealing that Polestar would take on Tesla with its forthcoming Polestar 2 electric vehicle, Ingenlath said in the interview that Polestar also plans to challenge “electrified Porsche.” Like Porsche, Polestar also does not want to lay excessive focus on the 0-60 mph acceleration number. Polestar wants to focus on the ‘handling’ aspect of EVs, while Porsche is focused on enhancing electric propulsion by transferring the ‘Porsche driving experience’ to EVs.
The safety and reliability of electric vehicles (EVs) was under a lot of scrutiny by the media, industry experts and consumers when these vehicles were first launched in the mainstream auto market in 2011.
In the latest interview with Germany’s widely circulated Bild newspaper, Economy Minister Peter Altmaier said that it is imperative for the country’s automakers to make substantial investments in electric-vehicle (EV) technology in order to keep p
In a recent interview with German business daily Handelsblatt, Gunnar Herrmann -- Ford’s head of German business -- said that Ford could commence the production of electric cars in Germany after the year 2023.
According to an Automotive News report, German automaker Volkswagen (VW) is likely to unveil a midsize pickup concept at the New York auto show this week. The move will mark VW’s potential foray into the midsize truck segment.
A new survey carried out by Venson Automotive Solutions has drawn attention to the apparent reluctance of UK motorists in terms of making the switch to electric vehicles (EVs).
The potential sales of US electric vehicle manufacturer Tesla could be threatened in China, after a decision by the Chinese authorities to include electric vehicles (EVs) among the US-product imports on which additional tariffs are being levied.