Polestar delivers the first units in Australia and announces the Polestar 3 for the country in 2023

Written by Cláudio Afonso | info@claudio-afonso.com

The Swedish electric manufacturer Polestar announced that has started first deliveries of customer orders for the Polestar 2 electric performance fastback, in Sydney and Melbourne. The company said that me model has seen “a surge in demand for its first model to launch in the Australian new car market” since announcing the start of sales on February 18th. During the first 48h, over 1,600 customers tested Polestar 2 Model and nearly 300 vehicles orders were made showing a strong demand. The Polestar 3 is “expected to arrive in Australia in 2023”, the company stated.

Polestar 2 (Source: Polestar)

“This is a very proud moment for everyone at Polestar as we commence official handovers to Australian owners just a few weeks after first going on-sale. Launching a new electric vehicle in Australia at a time when incentives are gaining momentum and more consumers are looking to accelerate their transition to EVs is very exciting. It’s great to be part of the journey, and we can’t wait to see more of our cars on Australian roads.” — Samantha Johnson, Head of Polestar Australia.

Polestar’s convenient direct-to-consumer online model means Polestar 2 can be bought online, anytime and anywhere. The five-seat Polestar 2 combines minimalist Scandinavian design with powerful performance, intuitive technology and an over-arching commitment to sustainability. — the company added.

Pricing for Polestar 2 starts at $59,900 for the Standard range Single motor version, and $64,900 for the Long range Single motor version. The Polestar 2 Long range Dual motor variant headlines the Polestar 2 model range, priced at $69,900.

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On March 18th, Polestar announced a partnership with Allied Credit in Australia to deliver finance options for new vehicles, including a guaranteed future-value option and competitive fixed-rate loan with balloon payment. Allied Credit is a privately-owned finance company established in 2010 to take advantage of demand from vehicle and equipment manufacturers, distributors and dealership groups to provide branded retail and floorplan finance solutions.

The company recently posted the first job vancancy for a Space Specialist in Sidney, Australia. Polestar seeks a specialist for its showroom (Polestar calls it Space) in Sidney to “participate on roadshows, events, and test drives across the country.”

The company announced on March 16th that the first batch of Polestar 2 models has already arrived Norway regarding company’s partnership with Avis. The Swedish EV maker Polestar and the car rental company have signed an agreement on the delivery of 200 Polestar 2. The first batch arrived Drammen harbor today and the 145 units remaining are expected to be included in Avis’ fleet later this year. Since Polestar debut in the Norwegian market, the company delivered a total of 7,800 units.

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Polestar recently said that, during the first half of 2022, it will establish in Hong Kong, Spain, Portugal, and Ireland. Israel, UAE (United Arab Emirates), and Kuwait are planned to be added to the Middle East market footprint. The company aims to be active in 30 global markets by the end of 2023.

Polestar intends to list on the Nasdaq in a proposed business combination with Gores Guggenheim, Inc., which is expected to close in the first half of 2022.

Written by Cláudio Afonso | info@claudio-afonso.com