Polestar 1 offers pre-ordering in 18 countries

Polestar 1 live at 2018 Geneva Motor Show

Polestar 1, the first auto from the new electric performance brand Polestar, is now available for pre-ordering in 18 countries around the world.

Initially Polestar was planning a limited run of only 1,500 cars, set to be built at the brand's new facility in Chengdu, China.

Potential UK buyers of the electrified machine can secure a place in the production queue with a €2,500 (circa £2,220) deposit, which is fully refundable should any minds change. Polestar will only build the cars at a rate of 500 per year, due mostly to the car's complex construction process, so getting in early is important.

"With over 7,000 people interested in owning a Polestar 1 since its reveal, we are extremely encouraged by the passion shown for our product", said Thomas Ingenlath, Polestar CEO. Originally just six countries - China, Germany, the Netherlands, Norway, Sweden and the U.S. - were set to get the 1, but the United Kingdom is one of an additional 12 markets that have since been added to that list. You pay a monthly fee that in addition to the auto covers the cost of insurance, maintenance and a few other services to be announced at a later date. Polestar is also looking at traditional outright sales.

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The 1 is also the first auto be equipped with Ohlins' Continuously Controlled Electronic Suspension, whereby each damper is fitted with an electronic valve to constantly monitor both the driver's inputs and the road surface, appropriately adapting the car's dynamics to suit the situation in just two milliseconds. The company eventually started offering performance upgrades for Volvo cars and in 2015 was bought by the Swedish automaker.

This is the first vehicle to come from the Volvo-owned brand, which was revealed as a spin-off in 2017.

Beyond the Polestar 1, Polestar plans to add a Polestar 2 electric sedan in 2019 and a Polestar 3 electric SUV sometime around 2022.

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