General EV Conversation
#1456
Lexus Champion
Volvo and Polestar are getting a divorce.
Volvo cuts ties with struggling Polestar
https://twitter.com/garyblack00/stat...28313281732823
Volvo cuts ties with struggling Polestar
https://twitter.com/garyblack00/stat...28313281732823
#1458
Lexus Champion
The problem I see is that they have the same vehicles. C40 and CX-90 are basically P2 and P3 with different suspension tuning, slightly different looks, but same platform. Maybe, but they would need to differentiate more, like maybe Polestar would be like BMW's "M" brand. But I think it's best each goes their own way. Geely has a big investment in Polestar, I don't think they are going to let them fade away
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Allen K (02-01-24)
#1459
Lexus Fanatic
I think Polestar should only exist as a performance brand of Volvo, or they should just disappear
#1460
Lexus Fanatic
iTrader: (20)
#1461
Lexus Champion
Yikes
I read somewhere that Geely would continue to fund them. If I find that article I'll repost it. Oh well. I was thinking of buying out my P2 lease, but it looks like that won't be happening, especially as they use Volvo dealerships here for service and repair
I read somewhere that Geely would continue to fund them. If I find that article I'll repost it. Oh well. I was thinking of buying out my P2 lease, but it looks like that won't be happening, especially as they use Volvo dealerships here for service and repair
#1462
Lexus Champion
Regarding Polestar, looking at the P2 forum, there's a mixture of acceptance and mass denial. Sadness and anger. For me the reality is setting in. A very promising brand that still gives me some hope, but I fear may be gone in two years.
Let's be honest. Tesla's price cuts, matched with losing tax credits, and it's dependency on Volvo dealerships for repairs and service are probably what most is sealing it's doom. More expensive than the Model Y LR, and now being abandoned by Volvo doesn't help either.
I guess we'll just enjoy our last year with our Polestar. I'll probably end up replacing it with a used Model 3
Let's be honest. Tesla's price cuts, matched with losing tax credits, and it's dependency on Volvo dealerships for repairs and service are probably what most is sealing it's doom. More expensive than the Model Y LR, and now being abandoned by Volvo doesn't help either.
I guess we'll just enjoy our last year with our Polestar. I'll probably end up replacing it with a used Model 3
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AMIRZA786 (02-05-24)
#1464
Pole Position
I’m not sure the Polestar thing is fully understood yet. The ownership of polestar is odd as it appears to be set up as majority/minority under Volvo and Geely respectively, but geely owns Volvo anyway and has always had full control. So is this a decoupling from Volvo to have polestar blaze its own trail or is this the first step in winding down?
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AMIRZA786 (02-05-24)
#1465
Lexus Champion
I’m not sure the Polestar thing is fully understood yet. The ownership of polestar is odd as it appears to be set up as majority/minority under Volvo and Geely respectively, but geely owns Volvo anyway and has always had full control. So is this a decoupling from Volvo to have polestar blaze its own trail or is this the first step in winding down?
#1466
Lexus Champion
Saw this offer on the Polestar website:
But when you go to the configurator:
I don't know if this is good or bad news. I've read a few reports that Polestar is behind on factory orders for the MY 2024 P2 and are trying to clear them out. Interesting though that they are pricing the single motor the same as the dual motor (lease only). That would basically kill the SM variant
But when you go to the configurator:
I don't know if this is good or bad news. I've read a few reports that Polestar is behind on factory orders for the MY 2024 P2 and are trying to clear them out. Interesting though that they are pricing the single motor the same as the dual motor (lease only). That would basically kill the SM variant
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AMIRZA786 (02-05-24)
#1468
Anyone willing to confirm this
#1469
Lexus Champion
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BayeauxLex (02-05-24)
#1470
Lexus Fanatic
Drove the i7 again...the draw of the EV is strong...