GGPI - Polestar to launch first electric performance SUV Polestar 3 in October 2022

Swedish electric performance car company, Polestar to launch its first SUV Polestar 3 electric performance SUV in October 2022. This will mark company's entry into one of the highest margin and growth segments in the automotive industry, particularly in the United States. Polestar 3 will, over time, offer autonomous highway piloting powered by the best-in-class LiDAR sensor from Luminar and centralized NVIDIA computing power. Production is expected to begin in early 2023, and Polestar 3 will be manufactured in the United States and China. “Polestar 3 is the SUV for the electric age. Our design identity evolves with this high-end large luxury EV, with a strong, individual brand character,” says Thomas Ingenlath, Polestar CEO. “With this car, we bring the ‘sport’ back to the SUV, staying true to our performance roots. This is a major milestone for our company, one that boosts our growth trajectory and takes us into our

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Polestar to launch first electric performance SUV, Polestar 3 in October 2022