The Swedes have created a powerful coupe hybrid

The Swedes have created a powerful coupe hybrid”

Animated by a mechanical four-cylinder engine borrowed from Volvo, the Polestar 1 also uses two electric motors, which, by themselves, to develop 218 horsepower and allow a range of 150 kilometers.

Its range of 150km on electric power alone gives it the longest-running electric range of any hybrid vehicle on the market, according to Volvo.

Named Polestar 1, the auto will be able to travel 93 miles on electric power alone, giving it what is claimed to be the longest range of any battery-powered vehicle.

The Swedish auto maker took the wraps off the "Polestar 1", a luxury four-seater hybrid coupe in a ceremony in Shanghai - its first salvo as it positions the brand as a competitor to Tesla Inc TSLA.O and Mercedes's DAIGn.DE AMG division.

Half of the hardware powering Polestar 1 is from Volvo's SPA platform underpinning the big 90-series cars and the new XC60, while the other half is a joint effort between Polestar and Volvo specifically for this auto.

"Polestar 2 will be a mid-sized fully-electric vehicle that will join the competition around the Tesla Model 3", the company stated in the release. Close behind will be the smaller, fully electric Polestar 2, that would compete more directly with the Tesla 3, and an SUV Polestar 3.

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Despite the Polestar 1 not arriving until 2019, Polestar are taking orders from today.

Volvo is transforming its performance sub-brand, Polestar, into an electric vehicle manufacturer, and has outlined its plan to bring three vehicles to market early in the next decade. To ensure the auto can handle the most power in any Volvo vehicle ever (ok, so it's not officially called a Volvo) engineers went with the world's first Continuously Controlled Electronic Suspension supplied by Öhlins.

Still, to focus on the good stuff, it looks very much like the exceptional Volvo Concept Coupe, it comes with a 592bhp (600PS) Twin Engine Hybrid Drivetrain and four wheel drive. It will be a mid-sized BEV, joining the competition around the Tesla Model 3, and with consequently higher volumes than Polestar 1. It's been christened rather underwhelmingly as "Polestar 1", but trust us - that's the only thing that's underwhelming here. You see, who said concept cars don't make it into production with virtually any modifications?

All future cars from Polestar will have a fully electric powertrain. At the back you'll find what Polestar calls a "double electric rear axle" with a torque vectoring function.

Polestar's jigsaw unveil of its first-ever standalone model is nearly complete after more pieces of the picture puzzle were revealed overnight ahead of its unveiling late this evening in Shanghai.

"A maximum of 500 cars per year will be built", Volvo said, adding that all "cars will be offered on a subscription basis, with customers benefitting from the convenience of a single, all-inclusive payment that can be topped up by additional on-demand services if required". As Thomas Ingenlath, Chief Executive Officer of Polestar, puts it, "Most electric cars are fast - that's a product of the attributes of an electric motor". Polestars will use an app-based key, which will unlock the auto, enabling the pickup and drop-off service.

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