A new and reimagined Polestar 2 will launch next year, and it will place a target on the back of the Tesla Model 3 and BYD Seal.
It will form part of a split strategy for entry-level Polestar models, with the Polestar 7 small SUV – due in 2028 – acting as the SUV entry point to the brand, while Polestar 2 will be its most accessible passenger vehicle.
It gives the brand a two-pronged attack on the affordable end of the EV market, and the 2 will lead that charge next year, with Polestar Australia chief Scott Maynard assuring the model will deliver a "notch-up in terms of its performance credentials and the way that car rides, handles and drives" but will still "provide a great entry to the Polestar brand", at least until the Polestar 7 arrives.
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"Polestar 2 will still provide a great entry to the Polestar brand for a period of time until we see some of the future products which might provide us with a different platform for entry, but we just need to wait and see. For the time being that will remain as our entry point to the brand," he says.
"That will see a notch-up in terms of its performance credentials and the way that car rides, handles and drives as well. It's not going to be a sports car in the same light as the Polestar 5, but it will be a notch above the current car which is already really an accomplished, dynamic car.
Mr Maynard also confirmed reports the model won't make the shift into an SUV body style, insisting it will remain a "dynamic looking car".
"The 2 will be a dynamic looking car, but it won't take on a full SUV platform. That gong goes to Polestar 7 which we see a bit later on."
The Polestar 2 is expected to break cover late this year ahead of an on-sale date sometime in 2027.
"We'll get access to it as soon as the rest of the world does," Mr Maynard says. "So we'll be online when Europe is, it just takes a little bit of time to get them here. So we're hopeful to see them on the ground in 2027."