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Polestar, the popular sports-luxury spinoff of Volvo and Chinese parent Geely, has confirmed an investment with Israeli battery developer StoreDot to utilise its XFC system – which, Polestar claims, can achieve its extreme charging speeds with existing lithium-ion EV battery designs.
Vehicle-to-grid charging has long been seen as one of the next steps in the evolution of smart homes, allowing EVs to transfer power back to the grid when it is advantageous to do so, and to charge during off-peak hours. But until recently, there haven't been enough compatible EVs with bi-directional charging to attempt such a project at scale. Now, Polestar is undertaking a large-scale vehicle-to-grid (V2G) project in Sweden that will connect a sizable fleet of Polestar 3 SUVs, allowing them to serve as a Virtual Power Plant (VPP). The project is aimed at allowing owners to monetize their EVs while they're parked at home, all done automatically without any management on the part of owners, with a cloud based VPP calculating the collective capacity of all the connected batteries and performing charging or discharging based on demand. Polestar 5 Will Use This Unique Type of Battery «Vehicle-to-grid has the poten
Good news: the Polestar 6 electric convertible will not be as rare as originally planned. CEO Thomas Ingenlath has said that production «would not stop at 500 if people want it.» And want it, they do. Polestar 6 production was officially confirmed last year, and within a few days, every example of the 500-unit LA Concept edition launch model was spoken for.
The Polestar 4 was revealed earlier this year as the EV company's quickest model ever, and now it's confirmed the coupe SUV will be equipped with next-generation LiDAR technology from leading automotive technology company Luminar.
Production of the Polestar 4 will start in China next week but that hasn’t stopped the firm from planning well into the future, confirming that it will also be built at a factory in Busan, South Korea starting in the second half of 2025.The firm has reached a contract manufacturing deal with Geely and Renault Korea Motors to build the Polestar 4 at Renault’s local plant in Busan. Examples built at this site will be destined for North America and the South Korean market.
At Polestar Day in Los Angeles, California, StoreDot and Polestar have announced new extreme fast charging (XFC) capability for future EVs, promising the ability to restore 100 miles of range in just five minutes of charging (100-in-5), with zero battery degradation.
Swedish electric vehicle maker Polestar trimmed its 2023 delivery forecast on Wednesday to the lower end of its earlier guidance and halved its gross margin target, amid fears of a slowdown in EV demand and global economic uncertainty.
We've known for a while that Polestar's electric flagship would aim to offer buyers performance and range, with the EV maker set to make a statement with the arrival of its sleek and chiseled four-door GT. But until this week, Polestar had not shared just what type of battery we'd see in the EV maker's 2025 model. It turns out Polestar has opted for the high-nickel content of South Korean battery maker SK On's pouch-type cells. The innovative cells feature a nickel content of almost 90%, which promises a high energy density and a longer driving range along with fast recharge cycles and efficient discharge cycles. Polestar 4 Will Offer Mobileye’s Chauffeur System «Polestar 5 is developing at pace and will feature this hi