Volvo’s Polestar sub-brand has released a teaser picture and revealed a little more about its first electric car, to be called the Polestar 2. And the fledgling tech-performance brand doesn’t miss a beat in mentioning the Tesla Model 3.

The Polestar 2, which will be the first fully electric vehicle from the entire Volvo Car Group, will be a four-door fastback that offers more than 300 miles of range and more than 400 horsepower. Polestar says that it will be sold in the same range as the Model 3—which currently, given the Model 3’s price cut this week, starts at $45,200.

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With production volume too small to justify its own from-scratch platform, Volvo/Polestar is expected to borrow from Volvo and Geely’s shared CMA architecture, which underpins the Volvo 40-Series models, such as the XC40. The design of the Polestar 2 is expected to be a little more SUV-like than Polestar is making it sound here, though—more like the Volvo 40.2 concept, a small SUV more like the BMW X4.

Volvo 40.2 concept

Volvo 40.2 concept

Polestar says that the 2 will be the first vehicle in the world to get the new Google Android HMI (human-machine interface)—essentially the successor to Android Auto—as well as the in-car version of Google Assistant.

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It will be available for sale, but the company will emphasize a subscription based on the Care by Volvo package, which wraps the vehicle plus all associated motoring costs (like insurance) into one monthly payment—and, significantly, offers the ability to trade for other Volvo models for a few days a year outside the U.S.

The 2 will go into production in early 2020 (or possibly as soon as later this year). The first electric vehicle to bear the actual Volvo badge is expected to be a version of the XC40 crossover, reaching the market later in 2020. Volvo has already suggested that model will have a range in the vicinity of 250 miles and a starting price of $35,000 and $40,000.

Polestar will borrow some ideas from the Tesla playbook while tapping into the on-the-ground resources Volvo already has in place. Vehicle purchase—or subscription—will be via a web page, but shoppers can see the vehicle at its own urban showrooms. Traditional Volvo dealerships come into play as service and logistics hubs for concierge service.

Volvo says that a full reveal of the Polestar P2 is just a few weeks away.