The EV maker says the compact SUV will be aimed at “the world’s fastest growing and most profitable premium segment.”

It'll be the brand’s first vehicle built on the Old Continent, as governments put pressure on Chinese auto production.

Polestar has announced a revised strategy aimed at enhancing its operational, commercial, and financial performance as it enters a new phase of development. The updated business plan projects a compound annual growth rate in retail sales volume of 30-35% from 2025 to 2027,

Swedish electric car maker Polestar has announced it is working on a new car, called the 7, and that it will be produced in Europe.

The new Polestar 7 is described by Lohscheller as a ‘compact SUV’. “We will enter the compact SUV segment, the biggest and fastest-growing segment in the world, and we will obviously make sure it comes with all the Polestar DNA,

Scandi EV brand Polestar has confirmed it will be launching a premium compact SUV EV, joining the fastest growing and most profitable market segment.

The most exciting news to come out of all this is the official announcement of the Polestar 7. This will be a compact, all-electric SUV with predictably upscale trimmings and feat