The next decade in the auto industry will likely be one of big change. It will be defined by the evolution and adoption of electric vehicles and self-driving cars. But it will also be defined, in part, by newcomers to the automotive industry.
Tesla may seem like a mainstay now that the Model S has been on sale for a decade, but Ford Motor Company has been around for 100 years. Mercedes, even longer than that! But Tesla has now been joined by Rivian, Lucid and Polestar. The latter is closely tied to Volvo, but is starting to branch out further, with cars such as the 2024 Polestar 5. Polestar says it’s a “high-performance 4-door electric GT with car credentials from appropriate sports”. Even though the electric vehicle market is young, it already has fierce competition. Read on to learn more about this all-new performance/luxury electric vehicle.
Who is Polestar?
You can see some similarities between the Polestar 1, Polestar 2 and some Volvo models. It is not a coincidence. Polestar was originally established as a Swedish performance engineering company that provided upgrades for Volvos. They helped Volvo win the Swedish Touring Car Championship in the 1990s. They began developing their own upgraded versions of Volvo road models, before Volvo called on them for ‘Polestar Engineered’ performance versions of the official Volvo models.
Volvo eventually bought Polestar in 2015 with a focus on sustainable performance. The first autonomous vehicle was the Polestar 1, a stunning luxury coupe with a plug-in hybrid powertrain. The brand has gone even further with the all-electric Polestar 2.
Why is the Polestar 5 a big deal?
The Polestar 2’s predecessor is clearly a Volvo. The Polestar 5 pushes this style further in its own direction. It’s also expected to have a spacious interior and longer range than the Polestar 2. It’s Polestar dipping its toes into the competitive premium EV market that’s currently dominated by the Tesla Model S.
It’s one more step in Polestar’s development and presents a potential path for traditional automakers to enter the electric vehicle market. You don’t have to be a “green” startup or stamp your century-old brand name on an electric vehicle, Polestar is a new name with the backing of a legacy automaker.
Prices and versions
Details are largely scarce on the Polestar 5, and that includes pricing. But looking around the segment might reveal some clues as to what it might cost. The Tesla Model S starts at $104,990 for the Base and the Plaid costs $135,900. The Lucid Air starts at $87,400 and prices go up to $249,000 for the Sapphire version. It’s not hard to imagine the Polestar 5 hitting six figures when it goes on sale.
The North Star
The public got a glimpse of the Polestar 5 for the first time in 2020 in the form of the Polestar Precept Concept. Much of the look has been carried over. The Polestar 5 has a striking, wind tunnel-influenced exterior design. The long, sleek silhouette is designed to glide effortlessly through the air with minimal resistance. It also has flush door handles and a rear spoiler.
The Polestar 5 is described as a four-door GT, which stands for “Grand Tourer”. Add the fastback hatch and you have the five doors that represent the name of this model. It has a long wheelbase to accommodate the large front and rear doors, hinting at a spacious cabin.
Interior design and quality
We can only go by the images of the Precept Concept, and if Polestar sticks to the concept, the Polestar 5 will have a stunning cockpit. The concept vehicle featured a four-passenger cabin with a quartet of bucket seats and center armrests in both rows. It is likely that the production car will also offer a rear seat.
Polestar says it will use sustainable materials throughout the cabin, including reclaimed fishing nets, recycled plastic bottles, linen and recycled cork. Although no cargo specs have been listed, the Polestar 5 is expected to have a front trunk in addition to its rear cargo area.
The Polestar Precept concept features a fully digital instrument panel and a large central tablet-like touchscreen. This is similar to previous Polestar vehicles, but with a more futuristic aesthetic. The tablet runs an Android-based operating platform.
The Polestar 5’s powertrain is built around an 800-volt architecture. It will route power to two motors – one in the front and one in the back. Together they will develop a combined output of 884 horsepower and 663 pound-feet (900 Nm) of torque. The Polestar 5 is expected to have a high output front motor and a new rear motor which is still in development.
Although Polestar hasn’t released any performance data on the vehicle (which is still in development), they did bring it to this year’s Goodwood Festival of Speed. This annual UK event is where old and new cars sprint down the driveway of the sprawling Goodwood Estate.
Volvo had a race where he was incredibly fast. He even left a long burnout patch! What we know about electric vehicles is that most of their power comes on almost instantly. The Polestar 5 seems to follow this logic.
The North Star
Ride and handling
Commenting on the Polestar 5, UK Research and Development Manager Pete Allan said: “The platform combines low-volume car performance attributes with modern technological advancements to bring technology lightweight, high-rigidity sports car chassis in mass production.
The car features a new bonded aluminum chassis design which will give a rigid platform to create an agile vehicle.
Fuel saving and recharging
The 800V architecture not only means plenty of power to spare, but it also means that it will also be able to recharge quickly. Other vehicles using 800-volt architecture include the Porsche Taycan, Audi e-tron GT, and Hyundai Ioniq 5. All of these cars come with DC fast charging that can quickly top up the battery in a matter of seconds. minutes, not hours.
The Polestar 5 will likely add to the Polestar 2’s list of standard and available driver assistance features. These include forward collision warning, automatic emergency braking, pedestrian detection, cyclist detection, lane departure warning, traffic sign recognition, front-and-rear parking sensors and rain-sensing wipers.
There are some optional features on the Polestar 2. Considering the Polestar 5’s higher position in the market, some of these features could probably become standard, including blind spot monitoring, adaptive cruise control, adaptive headlights and active cruise control.
Polestar also offers Pilot Assist, which controls the speed and distance between vehicles and centers the car in the middle of the lane. The Precept concept includes a sensor at the front of the roof, indicating more advanced future self-driving capabilities.
The Polestar 5’s high-performance EV sedan format puts it in competition with some of the most notable electric cars on the market today, including the Tesla Model S, Lucid Air, Porsche Taycan, Audi e-tron GT and the Mercedes-Benz EQS. As mentioned, the Model S costs between $104,990 and $135,900. The Lucid Air is another starter vehicle, with prices ranging from $87,400 to $249,000.
As traditional automakers do, the Mercedes-Benz EQS is a bold departure from the design of its internal combustion predecessors. It costs between $102,310 and $147,500. The Audi e-tron and the Porsche Taycan are based on the same platform. Prices for the Taycan range between $86,700 and $190,000. The e-tron GT costs between $104,900 and $111,300.
Availability and Production
Polestar says development is progressing and is being developed by teams in the UK and Sweden. Polestar announces the construction of a brand new carbon neutral factory in China to produce the Polestar 5. It is expected to arrive in 2024.