Hyperloop TT - The Future of Transport
Polestar, the electric vehicle maker of Geely's, is looking to expand its research and development operations in Europe. For that purpose, they are going to use part of the former car plant of Saab in Sweden, located in Trollhattan and which had previously been used by NEVS for powertrain work.
The 15,000-square-metre building will be rented by Polestar from the City. The new R&D centre will mainly focus on powertrain development for both the Polestar 5 and 6 roadster. Additionally, it will also be used for testing powertrains, electric motors, and batteries for these models.
Polestar's R&D facilities are expanding, to include Trollhattan in Sweden, and Coventry in England. The latter location is where the company is developing its lightweight aluminium platform, to be used for the Polestar 5 and 6 models.
The Swedish manufacturer is set to introduce the top-of-the-range Polestar 5 saloon in 2025 at an expected price of around €82,000 (approx. £72,400). Taking cues from its Precept concept, it's anticipated that the Polestar 5 will compete with the Porsche Taycan for a spot as the ultimate automotive thrill experience.
Polestar is developing a vehicle that it believes will outperform its competitors, with the help of a brand-specific aluminium spaceframe chassis and new electric motors.
The Polestar 5 will come with an 800-volt battery system, allowing the car to charge up to 80 percent in just 20 minutes when plugged into a DC fast charger. With its maximum power output of 884 bhp and 664 lb-ft, it can go 372 miles on a single charge, making it a viable alternative to the Taycan Turbo S.
Can Polestar Stock Recover Back To $10 - Deliveries Are Up!
Polestar ($PSNY) had an impressive debut on the public markets in 2021, however, its shares have dramatically dropped by more than 70% from its peak. I appreciate and acknowledge the long-term potential of the brand, I do so knowing the brand is heavenly undervalued.
Google Maps New Updates To Polestar & Volvo Electric Cars
Google has implemented new functions in its Google Maps feature specially designed for electric vehicles such as Polestar and Volvo. These additional capabilities will provide enhanced support to those driving EVs.
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