This is what we think Polestar's new 4 SUV will look like when it arrives in 2023...
► Priced from £47k, launched in 2023
Investment specialists The Gores Group and Guggenheim Capital have provided funding to take Polestar public, valuing the business at $20 billion . Crucially, the deal will inject the funds to accelerate the expansion of Volvo's EV offshoot, including the Polestar 4 and two other incremental models. 'The Polestar 4 really brings the greatness of the brand to a segment that will, eventually, start around €55,000 [£47k], where we in some point in time want to reach with the Polestar 4. Documents shared with investors reveal that the Polestar 4 is forecast to leapfrog the 2 by mid-decade to become the company's bestseller, with 79,000 annual sales projected, a whisker ahead of the liftback saloon.
But each car will have 'different shapes and silhouettes, different interiors... and with Polestar drivetrains, which make them very, very powerful.' The company is developing a 450kW e-motor, as well as hands-off autonomous driving skills due within two years.The smaller, more affordable Polestar SUV will maintain the performance drivetrain now associated with the brand, even though it is based on a different group EV architecture dubbed PMA by Polestar .
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