The brand known for safety has announced its intention to build more sports cars.
Volvo has officially bought 100 percent of Polestar’s tuning arm, a Swedish high-performance car company that will act as Volvo’s sports car tuning arm. Volvo and Polestar have already collaborated on the V60 and S60 Polestar models in the past, and will expand the lineup of performance-tuned Volvos in the future to take the fight the BMW’s M division and Mercedes-AMG.
“Driving a Volvo Polestar is a special experience. We have decided to bring this experience to more Volvo drivers, placing the full resources of Volvo behind the development of Polestar as the model name for our high performance cars,” said Håkan Samuelsson, president and chief executive of Volvo Cars.
New technology will be coming to the Polestar cars in the form of Volvo’s twin engine electrification technology. Existing Volvo owners will benefit as well, as Polestar will be making aftermarket performance optimization kits for existing owners who want more performance.
In the medium-term, Volvo expects to move between 1,000 and 1,500 Polestar cars a year, a jump up from the 750 they deliver now.
“We are extremely satisfied with the way the performance business with Volvo has developed. But we are a racing team first and foremost. This is an opportunity to return our full attention to our core business – to develop and race Volvo cars,” said Christian Dahl, former owner of Polestar. Volvo did not buy the Polestar race team, which will be renamed.
Discuss this story at our Volvo Forum