Money Volvo announces Polestar 2, an electric vehicle that aims to compete with Tesla Model 3 March 1, 2019Ben Tobin, USA TODAYComments Off on Volvo announces Polestar 2, an electric vehicle that aims to compete with Tesla Model 3 Polestar, Volvo's standalone electric vehicle brand, is unveiling its Polestar 2 model, a five-door car that will contain two electric motors.