Polestar chief executive Thomas Ingenlath believes the car manufacturer can establish itself as a rival to Porsche.
The all-electric brand was spun out from Volvo just a few short years ago and has already released the hybrid Polestar 1 and the electric Polestar 2 sedan. The next few years will be very important for the brand as it expands its family of models to include the Polestar 3, Polestar 4, and Polestar 5.
While recently speaking with Auto Motor und Sport about the company’s plans and where it will be in five years, Ingenlath mentioned one German brand in particular.
“We are competing with Porsche for the best electrically powered premium sports car,” Ingenlath said.
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Polestar doesn’t yet have a rival for the Porsche Taycan, the only EV currently being built by the German brand. However, Polestar will launch its new 3 next year which will be similar in size to the Porsche Cayenne. In 2023, this model will be followed by the Polestar 4 that will act as a direct rival to the all-electric Porsche Macan which is also just around the corner. Meanwhile, the Polestar 5 will be unveiled in 2024 and hit the roads in 2025 and it will be positioned as a rival to the Tesla Model S and Porsche Taycan.
During his interview with Auto Motor und Sport, Ingenlath also said that the car manufacturer will look to step out from the shadow of Volvo.
“Our product portfolio will grow over the next few years – and this will allow the brand to appear in a completely different light,” he said. “We then step out of the shadow of Volvo even more and are perceived even more independently.”
