Polestar is struggling in the EV market, with low stock prices, slow sales, and potential delisting. The upcoming Polestar 3 is aimed to compete with luxury electric crossovers from Porsche, Mercedes, and others.
The Polestar 3, although not guaranteed to be a huge success, is seen as a positive step forward for the brand. It shares a platform with Volvo's more massive EX90 but is designed to be sportier and more upscale, targeting a high-end market.
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