Polestar’s second model will arrive next year as a Tesla Model 3 rival, offering up to 400 hp and a driving range as high as 350 miles. The figures were confirmed by the company’s chief operating officer Jonathan Goodman to Autocar, adding that the Polestar 2 will have a price range of between £ 30,000 and £ 50,000 in the UK.

Moreover, the Polestar 2 will offer 350 miles of driving range in its base version. “That’ll represent the lower ‘bookend’of our showroom range and, for now, it should give us as much access to the volume end of the EV market as we need,” said Goodman. The Polestar 2 is expected to closely relate to the 40.2 Concept, a high-riding four-door sedan revealed back in 2017 alongside the 40.1 Concept that previewed the XC40 SUV.

Polestar will launch its second model next year, followed by a larger all-electric SUV called the Polestar 3. Goodman warned that any established manufacturer that will launch an electric-only sub-brand built on alternative design may be making a mistake, given the projected pace of the EV market.