Polestar said the Polestar 4 will have the aerodynamics of a coupe and the space of an SUV.

"Polestar 4 is not simply a modified version of our first SUV. Instead, we reconsidered the entire design to create a new breed of SUV coupé," said Thomas Ingenlath, Polestar CEO.

The Polestar 4 is derived from Polestar's Precept concept design ideas and will have new technology, the company said.

Polestar did not reveal any more information about the Polestar 4. It will present the Polestar 3 at the Shanghai auto show as well as the 2024 Polestar 2.

Polestar was founded in 2017 by Volvo and Geely, and the first product, the Polestar 1, was only available in limited numbers and has been discontinued.

The Polestar 2, which will be officially delivered in 2020, is considered the brand's first real production model on sale, although the model has not been well received in China.

On October 12, 2022, the Polestar 3 SUV made its global debut, when Polestar announced two versions with starting prices in China of RMB 880,000 ($127,770) and RMB 1,030,000, respectively.

On March 17, Polestar officially unveiled the Polestar 3 in China, with a price reduction of nearly RMB 200,000 from the model's international debut last year.

($1 = RMB 6.8873)

Polestar 3 officially unveiled in China, price cut by about $29,080 from previous