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Polestar, the Swedish electric performance car company, has announced its world premiere of their next car, the Polestar 3 electric performance SUV, reveal will be in October 2022. Polestar 3 is the company’s first SUV.

The launch of the car marks Polestar’s entrance into one of the highest margin and growth segments in the automotive industry.

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Not all tech aspects of the performance EV SUV are known, though Polestar says it will rely on a dual-motor electric system powered by a large battery for a targeted range between two charges of over 372 miles. Bear in mind that these figures are based on Europe’s generally more generous WLTP testing cycle.

The Polestar 3 is a part of the brand’s plans for expansion, which includes increasing its presence to at least 30 global markets by the end of next year. By the middle of the decade, the automaker wants to grow ten-fold in terms of global sales from about 29,000 vehicles in 2021 to 290,000 sales in 2025.

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