Polestar, the Swedish electric performance car brand, begins trading on the Nasdaq in New York as of 24 June. Polestar will trade under the ticker PSNY. The US listing marks another significant milestone for the brand that launched in 2017 and has already become a global electric car company. A unique combination of start-up agility with access to established automotive OEM manufacturing expertise and capacity, Polestar has launched two award winning cars and has more than 55,000 of them on the road, globally. “This is a hugely proud moment for the entire team at Polestar,” says Thomas Ingenlath, CEO of Polestar. “We will now open a new chapter in our story that can be summarised in one word – growth. By 2025 we aim to be selling 290,000 cars per year, 10 times as many as we sold in 2021. We already have a real and successful business; this listing gives us the funds and platform to help deliver our ambitious future plans and drive industry-leading sustainability goals forward.” The Nasdaq trading debut follows a strong start to 2022. Polestar recently announced record sales for the year to date, and robust global customer orders for Polestar 2, its all electric fastback, of over 32,000, an increase of 290% versus the same period in 2021. Polestar also increased its presence to 25 markets, up from 19 at the end of 2021, supported with nearly 130 retail locations.
Compact hybrid with 245 hp system output - the Audi A3 Sportback 45 TFSI e
Audi is continuing its electrification offensive in the compact class: Advance sales of the A3 Sportback 45 TFSI begin this week in Germany. The brand with the four rings is thus providing the A3 Sportback 40 TFSI e with a sporty model - with more power and extensive equipment. Its plug-in hybrid drive offers 180 kW (245 hp) system output and 400 Nm system torque. Like its sister model, the new A3 Sportback 45 TFSI e uses a 1.4-liter as its combustion engine. It delivers 110 kW (150 hp) and 250 Nm of torque. The electric drive is provided by a permanently excited synchronous machine delivering 80 kW and 330 Nm. The higher system output of 30 kW (41 hp) and 50 Nm torque compared with the A3 40 TFSI e3 is generated by control software: it regulates the optimum interaction of both drives at maximum power demand. The electric motor supplements the combustion engine in the appropriate speed ranges. The electric motor is integrated into the housing of the six-speed S tronic transmission, which transmits the power to the front wheels. In the lithium-ion battery, a pack of 96 prismatic cells stores 13.0 kWh of energy. The A3 Sportback 45 TFSI e charges with a maximum power of 2.9 kW. An empty battery can be refilled in about five hours at a standard household outlet.
Porsche takes the new 911 GT3 off the leash. The seventh edition of this high-performance sports car was also developed in close collaboration with Porsche Motorsport. It transfers pure racing technology into a production model even more consistently than ever before: the double wishbone front axle layout and sophisticated aerodynamics with swan neck rear wing and striking diffuser originate from the successful GT race car 911 RSR and the 375 kW (510 PS) four-litre six-cylinder boxer engine is based on the drivetrain of the 911 GT3 R, tried and tested in endurance racing. The acoustically impressive, high-revving engine is also used practically unchanged in the new 911 GT3 Cup. The result is a brilliant driving machine: efficient and emotional, precise and high-performance – perfect for the circuit and superb for everyday use.
The 2022 Niro Hybrid (HEV) arrives for the new model year wearing new Kia badging on the front grille, the tailgate, steering wheel hub and wheel center caps. Niro HEV continues to deliver an estimated 50 MPG, offers more than 63 cu.-ft. of cargo space and a long list of standard Kia Drive Wise Advanced Driver Assistance Systems (LXS and above).