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Last Updated:
2024-09-22 08:20:01

Polestar

Swedish automotive brand
Swedish automotive brand

Polestar, a Swedish automaker specializing in electric vehicles, was originally a motorsport team before being acquired by Volvo Cars in 2015. The company now operates production car tuning division and has facilities in multiple countries.

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1996
Polestar Founded

Polestar, a Swedish firm with a rich motorsport and tuning background, was established in 1996. It has been a Volvo product specialist known for creating vehicles that excel on both the track and the street.

2005
Affiliation with Volvo

In 2005, Polestar officially affiliated with Volvo, focusing on enhancing the performance and dynamics of Volvo's cars.

2006
Polestar expands into training and equipment production for Volvo mechanics

In 2006, Polestar diversified its activities by getting involved in training new mechanics for Volvo and creating training equipment for mechanic schools.

2007
Polestar enhances training program and introduces new business methods for Volvo dealers

In 2007, Polestar continued to develop its training program by providing Volvo cars to schools and assisting in implementing new business strategies for Volvo dealers.

2008
Polestar designs and builds the Volvo C30 for STCC racing

In 2008, Polestar was tasked by Volvo to create a race-ready version of the C30 for the STCC season, marking their first opportunity to develop a car from scratch.

2009
Polestar Becomes Volvo's Official Tuning Partner

In 2009, Polestar established a partnership with Volvo, becoming the official tuning partner for the brand. This collaboration gave Polestar a similar role to AMG in Mercedes and the M division in BMW.

2010
Geely's Acquisition of Volvo Cars

In 2010, the visionary entrepreneur Li Shufu, leading the privately owned Chinese company Geely, acquired Volvo Cars. This acquisition significantly influenced the ownership structure and trajectory of Polestar.

2011
Polestar enters World Touring Car Championship

In 2011, Polestar expanded internationally by entering the World Touring Car Championship after racing in the STCC, showcasing its performance capabilities on a global stage.

2012-06
Volvo S60 Polestar Concept Launch

The Volvo S60 Polestar Concept, successor to the C30 Polestar, was introduced in June 2012. It boasted 508 BHP from a modified T6 engine and impressive performance metrics.

2013
Polestar 1 Concept Unveiled

The Polestar 1 concept took the world by storm when it was unveiled in concept form as the Volvo Concept Coupe back in 2013 before the Swedish manufacturer acquired the Polestar brand. The concept is still available on the Volvo website and is remarkably similar to the model which made production.

2014
Release of V60 Polestar and Volvo V60 in 8 markets

In 2014, the V60 Polestar and Volvo V60 were released in 8 different markets, marking Polestar's first global debut. The launch was successful, leading to Volvo's acquisition of Polestar's performance division in 2015.

2015-07
Volvo Cars acquires Polestar brand

In July 2015, Volvo Cars acquired the Polestar brand, leading to the rebranding of the racing team as Cyan Racing while maintaining ties to Volvo.

2016-04-04
Volvo Polestar Bumped to 362 hp

In April 2016, Volvo Polestar received an increase in power to 362 horsepower, while the new 4-cylinder engine saw a reduction in torque.

2017-10-17
Introduction of Polestar 1

In October 2017, Volvo Cars and Geely Holding announced the transformation of Polestar into a standalone brand focusing on electric cars. The Polestar 1, a 2+2 coupé inspired by Volvo's Concept Coupé, was introduced on 17 October 2017.

2017-11-06
20 Years of Polestar’s History with Volvo

This event marks the 20th anniversary of Polestar's collaboration with Volvo, showcasing their history of performance optimization and motorsport involvement.

2019-02-27
Unveiling of Polestar 2

The production version of the Polestar 2 was officially unveiled on 27 February 2019 during an internet livestream and later appeared at the 2019 Geneva Motor Show. It is the first mass production battery electric vehicle under the Polestar brand.

2021-10-11
Polestar Racing and Tuning Evolution

Polestar started by racing Volvo cars and later evolved by tuning them, eventually becoming the top brand in Volvo's range.

2022-06-24
Polestar shares begin trading on Nasdaq

On 24 June 2022, Polestar shares started trading on the Nasdaq exchange under the symbol PSNY through a business combination agreement.

2023-03-01
Polestar 2 Updated

On March 1, 2023, the Polestar 2 model was updated with new features and specifications.

2023-09-03
Polestar's Alliances with Tech Giants

Polestar has formed alliances with tech giants to redefine electric driving and luxury.

2024-02-15
Volvo P1800 Cyan restomod return in GT spec

Cyan Racing's Volvo P1800-based restomod makes a comeback in road-biased GT form.

2024-02-20
Origin of SUV

The SUV's history is traced back to post-World War II military vehicles and 1930s and 1940s American station wagons. The Chevrolet Suburban and Willys Jeep played significant roles in the development of SUVs.

2024-03-21
In-car Tech at NVIDIA GTC

Highlights the advanced in-car technology showcased at the NVIDIA GTC event, emphasizing AI, innovation, and driving experiences in the Polestar 3.

2024-03-25
Polestar 3's Impact on SUVs

Discusses how the Polestar 3 is changing the perception of SUVs by focusing on practicality, safety, and environmental impact.

2024-03-28
SUV vs SUV-coupé

Explains the differences between the Polestar 3 and Polestar 4 models, highlighting the unique features and design elements of each.

2025
Polestar 5

Polestar 5 is rumored to be an executive sedan with dimensions similar to the S90, expected to be released in 2025.

2026
Polestar 6

Polestar 6 is anticipated to be the halo car of Polestar, with a launch year set for 2026. It was previewed by the O2 concept showcasing roadster styling.

End of the Timeline
Polestar
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