Polestar confirmed the world premiere with a new video and first images of the new model. The Polestar 3 is expected to be available to order from the day it launches in the first launch market. Production of the Polestar 3 is expected to begin in early 2023 and the new electric SUV will be produced in China and the United States.
Polestar aims to launch a new model every year for the next three years, starting with the Polestar 3, and aims to be operational in at least 30 global markets by the end of 2023. This supports Polestar’s plan to increase global sales from approximately 29,000 units in 2021 to approximately 290,000 units by the end of 2025.
Polestar plans to list on Nasdaq through a proposed business combination with Gores Guggenheim, Inc. (Nasdaq: GGPI, GGPIW, and GGPIU), are expected to close in the first half of 2022.