Swedish automaker Polestar has finally kicked off the production of its new all-electric SUV, Polestar 4, in China. According to the press release, the model will hit the Chinese electric vehicle market before the year ends. It also stated the company’s first model to undergo production at Geely’s Hangzhou Bay factory.
Polestar 4 to be launched globally next year
Excitingly, Polestar also aims to officially launch the new electric SUV in some of its key markets across the world.
In the same year, the Swedish automaker plans to also start customer deliveries in these markets.
Polestar reported that it has already completed the production of the inaugural production model in Snow body paint this week, featuring the iconic Swedish gold accents of the Performance Pack.
“The first Polestar 4 rolling off the production line today is the culmination of hard work from countless colleagues and partners. Polestar 4 stands out in design and performance, a remarkable SUV coupé in many ways.”
Thomas Ingenlath, Polestar CEO
You can check more information about the Polestar 4 here.
What’s currently known about the Polestar 4?
According to InsideEVs, the Polestar 4 will position between the electric sedan 2 and flagship model 3 when it comes to size and price.
It apparently features a 102 kWh battery pack that enables a driving range of around 373 miles (600 km.)
It is apparently the first model from the brand to have a high-tech rear window feature, along with other innovations.
“It is the first Polestar to feature a virtual rear window with world-class digital rear-view mirror. This car plays a very important role in our growing line-up of exclusive performance EVs. It illustrates the value of our diversified and asset-light approach, making use of our partner and major shareholder’s development and manufacturing expertise.”
Thomas Ingenlath, Polestar CEO
However, Polestar’s move to launch a production in China will disqualify the Polestar 4 from the US federal credits of up to $7,500 under the IRA.
Polestar assured that it would not stay this way for a long time as it plans to extend production at Renault Korea Motors (RKM) by H2 2025 for the North American market.
Models in the pipeline
Polestar also aims to launch the Polestar 3 as early as next year. Its production is set to start in China in the first quarter of 2024 and in the US before the second quarter ends.
Moreover, the market also anticipates the launch of the Polestar 5 in 2024. Meanwhile, the Polestar 6 is set to arrive in 2026.
The arrival of the new Polestar 4 is crucial for the company’s target of reaching annual electric vehicle sales of 155,000 to 165,000 units in 2025, which is part of its wider plans to become a truly “climate-neutral” car brand by the end of the decade.
