Volvo’s premium car subsidiary Polestar has hinted the compact electric sedan market as a target for its first all-electric vehicle, the Polestar 2.

We know that Polestar’s inaugural model, the Polestar 1 will be a plug-in hybrid (PHEV) grand tourer that has been poised to deliver more than 144km on a pure electric source and have over 600bhp of power. Earlier reports suggest that the car is expected to sport a price tag of $155,000 when production starts in mid-2019 and will establish the brand as a premium manufacturer ahead of the entry of Polestar 2.

Polestar

We know that Polestar’s inaugural model, the Polestar 1 will be a plug-in hybrid (PHEV) grand tourer that has been poised to deliver more than 144km on a pure electric source and have over 600bhp of power

“There is a credible new EV contender coming to the marketplace in 2019, and it’s coming with 91 years of engineering prowess behind it,” said North American Polestar head Greg Hembrough in a statement issued to InsideEVs. While Hembrough was tight-lipped about any pricing on the Polestar 2, he confirmed that it will compete for the same market as the Model 3. “We can’t confirm pricing at this point, but I can tell you that the car will be competitive in that segment,” he added.

Earlier reports about the model have suggested that the entry-level pricing for the Polestar 2, which is expected feature multiple battery options as $38,000, which is close to the price of the yet-to-be-built base $35,000 Model 3. We learnt that the maximum range of the Polestar 2 is expected to be around 563km on an unspecified test protocol, which we assume to be applicable for the top-end $63,400 model. This rivals the Tesla Model 3 Long Range which is capable of 334 miles on conservative EPA protocols.

Polestar

Earlier reports about the model have suggested that the entry-level pricing for the Polestar 2, which is expected feature multiple battery options as $38,000, which is close to the price of the yet-to-be-built base $35,000 Model 3

“When I sit in the showroom at Polestar, as recently as two weeks ago, to see the design language of the vehicles, they are refreshing and surprising but not polarizing,” Hembrough said, pointing to the Jaguar I-Pace as an example of a “polarizing” design.