Polestar revealed the Formula 2030 concept car after Chinese-owned Polestar was banned from selling cars in the U.S. in June. The company says "various design attributes" from the concept will appear in the next-generation Polestar 2 and the upcoming Polestar 7 compact SUV.

The Formula 2030 is a compact four-door sports car that sits lower than the Polestar 5 grand tourer and fits between the Polestar 2 compact sedan and Polestar 7 in size. It features a shooting brake shape with asymmetrical doors. The front door is full-size while the rear doors are half-size coach doors with no B-pillar, creating a large opening when all doors open. The hood and rear hatch open clamshell-style to show a natural fiber composite chassis and orange Öhlins dampers.

A 20-inch curved instrument screen sits atop the steering column, while a 12.2-inch center touchscreen can physically lower in Performance mode and raise in Autonomous mode. Below the center screen are up to eight customizable rocker switches and knobs with configurable functions, similar to modular video game controllers. All four bucket seats feature inflatable bolsters and cushions. The car rides on 22-inch four-spoke wheels.