Polestar is the independent electric performance car brand founded by Volvo Cars and Geely Holding. In 2017, Polestar launched the Polestar 1 - a low-volume Electric Performance Hybrid GT. In 2020, the Polestar 2 was launched as the company's first fully electric, higher volume premium car designed to compete with the Tesla Model 3. In the future, Polestar 3 will join the portfolio as a fully electric performance SUV.