While Tesla tries to work out the production shortages which plague the Model 3, competitors continue to challenge more affordable electric car of the Silicon Valley maker.
To be more specific Tesla’s new competitor is a new brand at Volvo Cars Group, called Polestar which became a standalone maker within the company’s stable.
Last week Polestar exposed its first vehicle, the plug-in hybrid Polestar 1. Moreover, it has already plans for two other models—and one has the Model 3 square in its sights.
Though the brand’s first car is merely electrified with its plug-in hybrid powertrain, all future Polestar models will be purely electric.
The Polestar 2 will enter production in 2019, and it will boast much higher productions volumes than the Polestar 1.
The brand will sell its first vehicle through a subscription-based model and it will build just 500 units of that first vehicle.
The Polestar 2 will be Volvo Cars Group’s first battery-electric model when it enters production in two years at a dedicated Chinese assembly plant.
It is still unclear at the moment what production volume Polestar will target for the Model 3 competitor. The brand said only that it will deliver higher production volumes than the 1.