Polestar, Volvo cars, A B Volvo, Tesla with Announcement of Its New Electric Vehicle Brand

Tesla better look out as Volvo Polestar plans to go fully electric!
Swedish automobile organization Volvo simply introduced that it has developed a separate emblem to produce and marketplace their upcoming line of electrical vehicles.
A string of latest reports from Volvo has suggested that the Swedish vehicle agency is getting ready to tackle Tesla with an electric powered automobile (EV) department. The company has launched plans for his or her upcoming Tesla Model 3 competitor, an SUV slated for launch someday before 2019. More recently, the enterprise introduced that they'll not
broaden diesel engines, signaling a shift toward electric fashions.

All of this has culminated in Volvo’s present day statement. The organization has also added a separate brand to provide and marketplace “high-performance electric powered cars,” referred to as Polestar. Håkan Samuelsson, president and leader government of Volvo Cars stated that “Polestar can be a credible competitor within the rising worldwide market for excessive overall performance electrified automobiles.”
Volvo’s first EV is anticipated to cost some thing within the range of $35,000 to $forty,000, roughly much like Tesla’s Model three. However, Volvo’s electric powered option does appear to boast a slightly better range at around 402 km (250 miles), as compared to the Model three’s 346 km (215 miles).This will be the beginning of the EV wars to return. Volkswagen recently unveiled three idea motors of its own and is making plans to end up an EV juggernaut via 2015. This competition will most effective push the transition from fossil gasoline burning vehicles to EVs.