Polestar is the new dedicated EV brand from Volvo (which is owned by China’s Geely). In 2019, the company will sell a limited number of the $155,000 Polestar 1 plug-in hybrid supercar. But Polestar will make a bigger splash in 2020. That’s when the Polestar 2, a 300-mile all-electric five-passenger fastback will go on sale.

Hints from Polestar executives suggest a price of between $40,000 and $65,000 for the 400-horsepower EV. Annual production will target 50,000 units. Sales of the Polestar 2 will start on the west coast. Test drives will be provided via retail galleries in upscale shopping centers.