These CPO cars will be virtually identical to the 2023 Polestar 2 currently on sale, as they are capable of receiving remote software upgrades “over the air.”Īlso Read: Hyundai Home expands to more than 40 states in just five months.Ĭlick here and follow us on Google News for regular EV updates.“Luminar is at the forefront of lidar technology development and this closer collaboration will allow for greater innovation in our cars to come. This program will provide customers with value and peace of mind, particularly those who are not in the market for a new vehicle. With the expected trade-in of early Polestar 2 cars for the Polestar 3 and updated 2024 Polestar 2, the company plans to launch a best-in-class Certified Pre-Owned (CPO) program in June. The Polestar 2 also qualifies for the IRA Clean Vehicle credit of $7,500 on lease transactions, making it an appealing option for customers.Īnother factor contributing to the company’s growth is the inclusion of pre-owned vehicles in its commercial offering. These updates will enhance the vehicle’s range and performance, setting it apart from competitors in an increasingly crowded segment. To maintain its position as a leading contender in the market, the Polestar 2 will receive significant mechanical updates for the 2024 model year, including new and more powerful motors, a larger battery, and faster charging capabilities. Prior to the introduction of the new SUV, the flagship product for the company remains the award-winning Polestar 2 electric performance fastback. The use of Luminar’s LiDAR technology in the vehicle is particularly notable, as it is a key step towards developing fully autonomous driving capabilities. The brand’s commitment to advanced technology and sustainable driving is reflected in the Polestar 3’s features, which aim to provide a premium driving experience while also prioritizing the environment. The SUV has been tailor-made for the market, and its introduction is expected to further boost company’s sales and growth. The Polestar 3 was unveiled with coast-to-coast events in North America, emphasizing the importance of the North American market to the brand. The company plans to develop the network to approximately 40 Retail Spaces by the end of the year, which will geographically cater to 77% of the addressable EV market. In preparation for the launch of the Polestar 3, the brand’s network of retail “Spaces” has expanded, with 28 locations currently in operation across the United States. The SUV will also be the first vehicle to be delivered with Luminar’s technology, which will help prepare for future autonomous driving. Among its features are a Dolby ATMOS sound experience with 25 Bowers & Wilkins speakers, the first generational update to Google’s native infotainment system, and LiDAR from Luminar. The Polestar 3, which doubles the brand’s model range, boasts class-leading technology combined with a beautiful design. The vehicle will be manufactured in South Carolina and is set to become the second phase of company’s commercial growth, following a record year of sales and deliveries in 2022. Polestar Automotive USA, the electric performance brand, has recently unveiled its latest addition to its line-up, the Polestar 3, an SUV designed to cater specifically to the North American market. Besides launching Polestar 3, the company is also scaling its retail spaces and launching a certified pre-owned program to cater to the growing EV market. Polestar 3 SUV to be built in the United States.
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