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Polestar has been quite open about its future plans, as we already know a lot about the upcoming Polestar 5 grand tourer, and the automaker previously confirmed it would bring the stunning O2 roadster concept into production as the Polestar 6. Now, the Swedish EV maker has recently announced plans to replace the entry-level Polestar 2 sedan with a new Polestar 7, though CEO Thomas Ingenlath didn't go too far on details.
While its name would suggest a larger footprint, the Polestar 7 will continue to serve as the base offering in the brand's expanding lineup. There's no word on when it will arrive, or what type of electric powertrain will power it, though the current lifecycle of the Polestar 2 would suggest a debut date around 2027.
Speaking to Autocar about the upcoming EV, Ingenlath insinuated a dramatic departure from the current Polestar 2. "As much as we might build a very similar car, because it has a different number we won’t have this natural trap where we’re boxed into that concept of what the car had been," he said. He went on to explain why Polestar chose not to renew the '2' moniker, saying that keeping the old name would be "very limiting in terms of innovative power."
So while the Polestar 7 will indeed remain "comparablly positioned " to the existing Polestar 2, it won't look the same at all. There's a high chance it could follow the new Polestar 4 in ditching the rear windshield in favor of a camera system, unless the automaker finds a major problem with this new feature. The rest of the car will likely borrow from the evolved design language seen on the 4 as well, while also sharing with it the Sustainable Experience Architecture (SEA) platform provided by Chinese parent company Geely.
But since this new model isn't set to arrive until 2027, it could pack some new technology that's yet to be seen in any current Polestar vehicles. That includes potential bumps in power, higher range, and extra aerodynamic bits.
Following a recent move to cut cost-related ties with Volvo, Polestar now finds parent company Geely as its new primary stakeholder and the source of its funds. The automaker will need $1.3 billion to produce upcoming EVs such as the Polestar 7, and a three-year loan has already provided it $950 million. While there have been rumors circulating about financial struggles within Polestar, CEO Ingenlath says these weren't true, and he is confident that the company can "manage the last remaining bit" of its needed funds. He also says that the extra $350 million can be sourced from other firms besides Geely if needed.
Ingenlath also addressed concerns for Polestar's future in a world where EV demand appears to be waning, but once again he remains positive. "We aren’t BYD. We aren’t Tesla. We don’t have factories and volumes that go into the millions. We have a very clear premium, luxury target audience and a portfolio that is catered to that. We aren’t in the volume game of the mass market," he explained.
Image Credits: Polestar
Report
Apr 11, 2024
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New Polestar 7 Set To Replace Polestar 2 As Brand's Entry-Level EV
The next addition to Polestar's growing model range could arrive around 2027.
Polestar has been quite open about its future plans, as we already know a lot about the upcoming Polestar 5 grand tourer, and the automaker previously confirmed it would bring the stunning O2 roadster concept into production as the Polestar 6. Now, the Swedish EV maker has recently announced plans to replace the entry-level Polestar 2 sedan with a new Polestar 7, though CEO Thomas Ingenlath didn't go too far on details.
While its name would suggest a larger footprint, the Polestar 7 will continue to serve as the base offering in the brand's expanding lineup. There's no word on when it will arrive, or what type of electric powertrain will power it, though the current lifecycle of the Polestar 2 would suggest a debut date around 2027.
Speaking to Autocar about the upcoming EV, Ingenlath insinuated a dramatic departure from the current Polestar 2. "As much as we might build a very similar car, because it has a different number we won’t have this natural trap where we’re boxed into that concept of what the car had been," he said. He went on to explain why Polestar chose not to renew the '2' moniker, saying that keeping the old name would be "very limiting in terms of innovative power."
So while the Polestar 7 will indeed remain "comparablly positioned " to the existing Polestar 2, it won't look the same at all. There's a high chance it could follow the new Polestar 4 in ditching the rear windshield in favor of a camera system, unless the automaker finds a major problem with this new feature. The rest of the car will likely borrow from the evolved design language seen on the 4 as well, while also sharing with it the Sustainable Experience Architecture (SEA) platform provided by Chinese parent company Geely.
But since this new model isn't set to arrive until 2027, it could pack some new technology that's yet to be seen in any current Polestar vehicles. That includes potential bumps in power, higher range, and extra aerodynamic bits.
Following a recent move to cut cost-related ties with Volvo, Polestar now finds parent company Geely as its new primary stakeholder and the source of its funds. The automaker will need $1.3 billion to produce upcoming EVs such as the Polestar 7, and a three-year loan has already provided it $950 million. While there have been rumors circulating about financial struggles within Polestar, CEO Ingenlath says these weren't true, and he is confident that the company can "manage the last remaining bit" of its needed funds. He also says that the extra $350 million can be sourced from other firms besides Geely if needed.
Ingenlath also addressed concerns for Polestar's future in a world where EV demand appears to be waning, but once again he remains positive. "We aren’t BYD. We aren’t Tesla. We don’t have factories and volumes that go into the millions. We have a very clear premium, luxury target audience and a portfolio that is catered to that. We aren’t in the volume game of the mass market," he explained.
Image Credits: Polestar
