Volvo’s ‘Polestar 1’ plug-in-hybrid coupe will cost $155,000

Volvo’s ‘Polestar 1’ plug-in-hybrid coupe will cost $155,000

At the 2018 Auto China Show in Beijing, Volvo’s new electric luxury division revealed the price-tag of its first product --- the ‘Polestar 1’ plug-in hybrid coupe. As per the disclosure, the MSRP of Polestar 1 will be $155,000.

Polestar 1 is a small-volume coupe which was unveiled by Volvo in 2017, at the Shanghai Motor Show. The coupe will be available to customers for purchase in two ways --- it will be offered for outright sale, and will also be available via subscription.

The $155,000 price-point announced by Volvo’s electric luxury division underscores a notably ambitious pricing for the vehicle. However, the luxury, high-performance plug-in hybrid grand tourer is equipped with hardware features to justify the high cost.

According to reports, the gas-electric powertrain of the Polestar 1 coupe will be capable of delivering 600 horsepower and 738 pound-feet of torque. Moreover, the vehicle will have an expected 150 km (93 miles) range for all-electric running. The coupe’s internal combustion powerplant will exclusively power the front wheels, and its 34-kWh battery pack will stimulate the rear axle.

The Polestar 1 coupe will be Volvo electric luxury division’s first and only vehicle which will feature an engine. The brand has already committed that all the other vehicles launched by it will be 100% electric vehicles.