Swedish performance brand Polestar has been teasing their Polestar 1 concept since its original debut as the Volvo Concept Coupe in 2013. Since then, Polestar has branched off to form an entirely separate lineup of sportier electric and hybrid cars, of which the Polestar 1 will be the first to hit streets. Polestar began taking $2,500 deposits for pre-orders back in March of this year, and now the official price tag has been made public: the triple-engined, plug-in hybrid sports coupe will cost $155,000.
For context, that sum will also purchase a Porsche 911 Turbo, Audi R8, or a McLaren 540C, but none of those cars offer an entirely electric 150-kilometer range. In terms of performance stats, the Polestar 1 should be able to keep up with its competitors, thanks largely to the low-end grunt provided by torque-happy electric motors, as well as a carbon fiber reinforced polymer and steel compound body. Add in an inline four gasoline engine that is both turbocharged and supercharged, and with everything humming the Polestar 1 will be capable of 600 horsepower and 738 lb-ft of torque.
For years, Polestar had been the performance enhancing branch of Volvo, adding turbochargers, all wheel drive, and suspension upgrades to Volvo’s reliable lines of coupes, sedans, and station wagons much like BMW’s M cars or Mercedes-Benz’s AMG,. The official separation from Volvo was announced in June of 2017, with the stated intention of creating performance electric vehicles to compete with industry leaders like Tesla. While the Polestar 1 represents a step in that direction, Polestar's future includes a transition to entirely electric-powered vehicles with their future concepts, including a more affordable Polestar 2, designed to compete with the Tesla Model 3.
At its $155,000 price point, the Polestar 1 shares a platform with a number of Volvo’s current offerings, but the Polestar website makes sure to highlight that their car adds a luxurious leather and carbon fiber trimmed interior, a panoramic sunroof (a la Tesla’s Model S and Model X), plus industry-standard performance enhancing additions like an active rear spoiler, double wishbone suspension, and Akebono six piston brakes, so this won't be just a rebadged Volvo- parts unique to the Polestar 1 make up at least 50% of its components. Deliveries are set to begin in 2019, although Car and Driver has reported that Polestar has already received 7,000 pre-orders.