Pre-orders start this spring.

Polestar, the recently launched standalone high-performance brand of Volvo, is considering whether it should boost the production of its first-ever model, the Polestar 1 plug-in hybrid coupe.

The Swedish company’s initial plan was to build 500 units per year over a period of three years, but this strategy might be tweaked to answer the high initial interest from customers.

Since the vehicle’s debut in mid-October last year, more than 5,000 potential buyers have expressed their interest in purchasing the attractive hybrid sports coupe. Depending on the optional equipment, the price of the Polestar 1 is expected to be somewhere between $150,000 and $177,000.

"We are looking at whether we could do a higher volume than 500 units a year,” Polestar CEO Thomas Ingenlath told Automotive News Europe during a roundtable discussion earlier this week. “We are checking that out. I think there is potential to go to two shifts."

Polestar 1

Polestar 1

Currently, the company is building its first factory in Chengdu, China, which should be completed by the middle of this year. However, the manufacturing of the Polestar 1 won’t start before mid-2019, because it will be a very complex production process. The coupe is actually the first model in the history of Volvo with a carbon fiber body.

"We have a great deal of respect for the challenge we face as we bring our carbon fiber production into reality," Ingenlath told the online publication. "It will be a rather slow start, but it is needed for this complicated product."

As a reminder, the advanced high-performance coupe has a potent hybrid setup, which provides 600 horsepower (447 kilowatts) and 737 pound-feet (1,000 Newton-meters) of torque. The Polestar 1 is also (unofficially) the hybrid vehicle with the highest electric range on the market – up to 93 miles (150 kilometers) on a single charge.

Pre-orders for the model are expected to start right after the Geneva Motor Show, where the vehicle will make its first public appearance.

Source: Automotive News

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