Polestar unveils limited edition electric mountain bike to match its SUV range

GOTHENBURG, SWEDEN – 24 September 2024. Polestar and Allebike unveil a limited-edition electric mountain bike to match Polestar’s range of electric performance SUVs, Polestar 3 and Polestar 4.

 

Allebike Elize Polestar Engineered is the second mountain bike co-engineered and co-designed by Polestar and the Swedish high-end bicycle company, Allebike. The full suspension electric mountain bike features the Polestar exterior colour Space with dampers and details painted in the Polestar signature colour Swedish gold. The Öhlins RXF38 m.2 29 Air Suspension with 170 mm travel (front damper) and the TTX2Air 160 mm travel (rear damper) are tuned specifically to give the electric mountain bike a thrilling ride and excellent offroad capabilities, just like Polestar’s electric performance SUVs.

 

The bespoke rigid carbon fibre-reinforced polymer frame offers a solid and responsive ride developed for trail and enduro tracks. A mullet setup and a slack head tube angle of 64 degrees results in superb confidence and agility when riding downhill, whilst the power of the Shimano EP8 motor, driven by a 750 Wh battery offers a boost uphill. Electrical dropper post and shifting is standard, as well as the latest tech with Shimano Auto shift.

 

Allebike Elize Polestar Engineered is available in the Polestar Additionals webshop at a price of EUR 8,900 ​ and delivered by Allebike.

 

Explore more at https://additionals.polestar.com/ 

Ends.

 

About Allebike

Allebike is a Swedish family-owned high end bicycle manufacturer founded in 2003. The company is based in Alingsås, a small town outside Gothenburg, Sweden, where the bikes are designed and hand-built. Read more at https://www.allebike.com.


Evi Boits

Communications Manager, oona agency

 

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About Polestar

Polestar (Nasdaq: PSNY) is the Swedish electric performance car brand with a focus on uncompromised design and innovation, and the ambition to accelerate the change towards a sustainable future. Headquartered in Gothenburg, Sweden, its cars are available in 28 markets globally across North America, Europe and Asia Pacific.

Polestar has four models in its line-up: Polestar 2, Polestar 3, Polestar 4, and Polestar 5. Planned models include the Polestar 6 roadster and the Polestar 7 compact SUV. With its vehicles currently manufactured on two continents, North America and Asia, Polestar plans to diversify its manufacturing footprint further, with production of Polestar 7 planned in Europe.

Polestar has an unwavering commitment to sustainability and has set an ambitious roadmap to reach its climate targets: halve greenhouse gas emissions by 2030 per-vehicle-sold and become climate-neutral across its value chain by 2040. Polestar’s comprehensive sustainability strategy covers the four areas of Climate, Transparency, Circularity, and Inclusion.

Forward-Looking Statements

This press release contains statements that are not historical facts, but rather forward-looking statements within the meaning of Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Polestar or its management believes or anticipates may occur in the future. All forward-looking statements are based upon, as applicable, our current expectations, various assumptions and data available from third parties. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements, including those risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in Polestar’s Form 20-F, and other documents filed, or to be filed, with the U.S. Securities and Exchange Commission by Polestar. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update publicly or revise any such statements in light of new information or future events, except as required by law.