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U.S., China among initial launch markets for Polestar 1 U.S., China among initial launch markets for Polestar 1

U.S., China among initial launch markets for Polestar 1

The Polestar 1 could be coming to a dealership near you.

Polestar, the new high-performance electric car division of Volvo, has announced initial launch markets for its all-new Polestar 1 model. Polestar formally introduced the Polestar 1 in October.

Polestar's first batch of dealerships — which the company refers to as "Polestar Spaces” — will be located in the United States, China, Germany, Sweden, Norway and the Netherlands. Polestar says it settled on those locations based on customer demand for the new Polestar 1. Polestar expects its first Polestar Spaces to be opened in mid-2019.

Although Polestar sales will initially be limited to those six locations, the company says it has plans to expand into more global locations in the coming years.

Set to enter production sometime in mid-2019, the Polestar 1 takes the form of a 2+2 hybrid coupe with a combined 600 horsepower on tap. Polestar promises the Polestar 1 will be capable of traveling up to 93 miles on battery power alone.

Polestar has not announced pricing for the Polestar 1, but sales will be handled a bit unconventionally. The Polestar 1 will be available exclusively through a no-deposit subscription program. Polestar says the "all-inclusive monthly payment delivers hassle-free usage and covers insurance, depreciation, collection and delivery for inclusive servicing, and various on-demand benefits as-and-when required.”

The Polestar 1 will be built at the Polestar Production Center in Chengdu, China.

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