News
Polestar 3 all-electric SUV unveiling: 379-mile WLTP range, 517 horsepower, 111 kWh battery
Polestar has unveiled its all-electric SUV, named the Polestar 3, aiming to enter a highly-competitive market and outpoint potential competitors with comparable offerings, including Tesla, Ford, Rivian, and others. Electric vehicle offerings are becoming more plentiful, and Polestar is attempting to capture a considerable portion of the market by offering a quality design, comparative performance, and a competitive range rating.
Polestar launched the Polestar 3 on Wednesday at an unveiling event held in Copenhagen, Denmark. Owned by Geely Motors and Volvo, Polestar has offered the Polestar 2 for nearly two years, with the 4, 5, and 6 vehicles all currently under development. The automaker has shared the Polestar 3 concept images on several occasions, but this is the first time people are seeing the launch of the vehicle directly from the company in a live setting.
“Polestar 3 reimagines the SUV through premium electric performance and innovative, sustainable technology. Changing the automotive landscape while keeping the environment a priority,” Polestar describes the vehicle on its website.
Built in the United States for U.S. Customers
There’s been a lot of talk about electric vehicles and production inside the United States as the Biden Administration has launched several large bills to incentivize not only domestic EV production but also the purchase of EVs by consumers. However, Polestar committed long ago to building the Polestar 3 in the United States, committing to the strategy in June 2021.
- Credit: Polestar
- Credit: Polestar
- Credit: Polestar
“We will build in America for Americans,” Polestar CEO Thomas Ingenlath said last year. “Polestar 3 is planned to be launched in 2022 as a premium electric performance SUV that will define the look of SUVs in the electric age. It will also be the first Polestar vehicle to be built in America.”
The Polestar 3 will be built at the Volvo Cars plant in Charleson, South Carolina, and is intended to be one of the most climate-responsible cars ever built.
“Polestar 3 is a powerful electric SUV that appeals to the senses with a distinct, Scandinavian design and excellent driving dynamics,” Ingenlath, said while reaffirming Polestar’s plans to build the car in the U.S. “It takes our manufacturing footprint to the next level, bringing Polestar production to the United States. We are proud and excited to expand our portfolio as we continue our rapid growth.”
- Credit: Polestar
- Credit: Polestar
- Credit: Polestar
- Credit: Polestar
- Credit: Polestar
- Credit: Polestar
- Credit: Polestar
- Credit: Polestar
Next-Gen EV Architecture crafted by Volvo
The Polestar 3 has been Volvo’s introduction to the development of EV architecture. Polestar said the Polestar 3’s new, next-generation architecture has been designed from scratch for full electrification. Supported by Google’s Android Automotive OS infotainment system and featuring high-end, safety-focused autonomous driving features, Polestar intends to launch state-of-the-art and completely unique EV tech, starting with the Polestar 3 in specific.
Focusing on safety and ADAS tech in the Polestar 3
Polestar 3 offers five radar modules, five external cameras, and twelve ultrasonic sensors, enabling advanced safety features. The SmartZone and front aero wing continuously collect information through forward-facing sensors, a heated radar module, and camera. Polestar now says that this is a “signature” of the company’s design.
In the cabin, Polestar has two closed-loop driver monitoring cameras that will track the driver’s eyes to emphasize safer driving. “The cameras monitor the driver’s eyes and can trigger warning messages, sounds and even an emergency stop function when detecting a distracted, drowsy or disconnected driver,” Polestar said.
- Credit: Polestar
- Credit: Polestar
- Credit: Polestar
- Credit: Polestar
111 kWh battery pack, 379-mile WLTP-rated range, heat pump
Polestar 3 will pack a 111 kWh battery pack offering a generous but preliminary range rating of 379 miles rated by the WLTP. Expect this number to be lower when the EPA tests the vehicle, which has not happened quite yet, according to the agency’s Vehicle Database.
Polestar’s 111 kWh battery pack features prismatic cells housed in a protective aluminum case, reinforced by boron steel and liquid cooling. Polestar also made a heat pump standard on the Polestar 3, helping with efficiency and range degradation, especially in colder climates.
- Credit: Polestar
- Credit: Polestar
- Credit: Polestar
- Credit: Polestar
- (Credit: Polestar)
- Credit: Polestar
- Credit: Polestar
- Credit: Polestar
Polestar 3 Order Availability, optional Pilot Pack with LiDAR from Luminar
Polestar said the Polestar 3 will be available for order today. Polestar 3 orders with an optional Pilot Pack with LiDAR from Luminar will be available from Q2 2023. This package adds a supplemental control unit from NVIDIA, three more cameras, four ultrasonic sensors, and cleaning for both front and rear-view cameras. “This enables enhanced 3D scanning of the car’s surroundings in greater detail and helps prepare the car for autonomous driving,” Polestar said.
Production to begin in China, Q4 2023 Deliveries
Initial production will start at Volvo’s facility in Chengdu, China, in an incremental ramp-up phase, Polestar said, which is set to begin in mid-2023. Its launch price is €89,990 ($87,110). The first deliveries will take place in Q4 2023.
Volvo’s Ridgeville, South Carolina facility will build the vehicle to supply North American and other markets. Production will switch from China to the United States, and initial deliveries of units produced in South Carolina will begin in mid-2024.
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Elon Musk
Elon Musk sheds two new bits of detail on Starship after 13th test launch
Elon Musk shed two new bits of detail on Starship following its 13th test launch, which was an overwhelming success.
SpaceX launched Starship for the 13th time last Friday after two delays: one on Monday when several Raptor engines did not ignite, and another on Thursday due to unfavorable weather conditions in Starbase, Texas.
The launch was overwhelmingly successful. SpaceX was able to complete a necessary test of the heat shield tiles by increasing the acceleration of Starship from launch throughout the flight; 20 Starlink v3 satellites were released with no issue; the Super Heavy Booster landed safely in the Gulf of America, Ship successfully reignited engines while in space; and it also splashed down without incident in the Indian Ocean.
SpaceX Starship just nailed something it’s never done before
Nevertheless, more details are coming out about Starship, and Musk is doing the talking.
Starship Will Be Retrieved in the Ocean
Musk revealed on Tuesday night that Starship would be recovered by a ship in the Indian Ocean. SpaceX routinely tries to recover Starship after splashdown in an effort to find out more about the flight by examining the spacecraft afterward.
We’re sending a ship out to recover Starship https://t.co/fUqUZTITO9
— Elon Musk (@elonmusk) July 28, 2026
This helps engineers find out more about why things might have happened, allows them to examine any potential damage or anomalies that might have occurred, and increases the chances of an even more successful flight next time thanks to the additional information recovered.
Ship Could Have Been Caught by Tower Arms, Musk claims
Musk has already indicated that SpaceX will plan to attempt a catch of Starship with the 14th test flight. While this would be a major accomplishment, it would be an expected next step, considering the fact that the Super Heavy Booster has already been caught by the chopsticks on numerous occasions.
The ship landing was precise, meaning that it would have been caught by the tower arms https://t.co/6nbNrRfX9P
— Elon Musk (@elonmusk) July 29, 2026
A ship catch would be a great indication of where SpaceX stands in terms of reusability and launch cadence. A successful catch with relatively no incidents would be a good sign that SpaceX is nearing a more frequent launch of Starship, but also that the reusability of the massive rocket would be something many would expect in the near future.
It is a necessity to make life multiplanetary.
Elon Musk
Elon Musk updates the SpaceX timeline for Mars
Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.
The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.
Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”
People on Mars in roughly 5 to 7 years.
Mars lander a few years sooner.
— Elon Musk (@elonmusk) July 29, 2026
The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”
Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.
Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.
In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.
The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.
Investor's Corner
SpaceX gets an absolutely crazy price target after rough IPO
SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).
Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.
SpaceX Starship just nailed something it’s never done before
The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.
Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.
SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.
It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.
The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.
Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.
























