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Polestar’s plan to survive and thrive: How an idiosyncratic EV start-up will carve its place in the electric space

EV Central

Luxury brands continue to build on their electric ambitions, with BMW, Porsche and Volvo at the forefront. There’s already evidence the challenge has been recognised internally with some hard-nosed discounts on Polestar 2 of up to $15,000. In nominating potential rivals there’s one that regularly comes up: Porsche.

Volvo 78
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Learn How India’s EV Manufacturers Are Promoting Green Mobility

Get Electric Vehicle

This was mainly because of few charging spaces, a bigger price tag, insufficient battery promise, low performance and an immature charging environment. On the premium segment, we have Jaguar I-Pace, Mahindra eKUV100, and Porsche Taycan. These reasons and a lack of support were the holes in the four-wheeler EV industry.