Polestar Goes Electric, Wants To Be Volvo's Answer To AMG

Polestar Goes Electric, Wants To Be Volvo's Answer To AMG

According to the report, the first model could be shown sometime this year.

Volvo's new SPA (Scalable Product Architecture) and CMA (Compact Modular Architecture) platform technology will be used for a new generation of hot Polestars with an electric, SPA-based vehicle likely to break cover first, some time this year.

Auto Express reports that the first hopped-up EV to bear the Polestar brand will share Volvo's Scalable Product Architecture platform with the XC60, XC90, V90 and S90 models now on sale, and it will appear sometime this year.

With Volvo cementing its position rivalling premium brands, Geely wants Polestar to take a sportier role within its group.

Speaking exclusively to Carbuyer, a senior source at Geely - Volvo and Polestar's parent company - said there was a desire to build a portfolio of brands in an attempt to rival the Volkswagen Group. The 2017 XC60 and the S90 too are based on the same platform.

What we do know is, the future is electric, and Volvo, together with Polestar have their eyes set on the market share now held by Tesla. But giving Polestar responsibility for electric sports cars sounds more like the BMW i8 than an AMG. Geely wants Polestar to mirror AMG in producing standalone models as well as performance versions of Volvo's own cars.

Geely also has plans for the London Taxi Company, which it acquired in 2013, and it's in talks with Lotus to secure a majority stake.

Volvo bought Polestar in June 2015, having worked with the Swedish tuning specialists since 1996. Let us know in the comments...

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