Polestar 3 Pricing Revealed — Are You Sitting Down?
Polestar, the all electric brand from Volvo Cars , is taking direct aim at the Porsche Cayenne in its bid to become a major manufacturer of electric automobiles. That may be smart marketing, as the Cayenne sold 83,071 units in 2021, just a few less than the 88,362 units of the slightly smaller Macan. Were it not for the Cayenne and the Macan, Porsche would not be have become the powerhouse brand it is today.
last week, CEO Thomas Ingenlath announced the Polestar 3 would be priced between €75,000 and €110,000. Because the euro has tumbled in value recently, prices in dollars should be nearly the same. At those prices, the Polestar 3 will compete with the entry and mid-level Cayenne models. The Cayenne Turbo mode can cost more than $135,000 and the Turbo S E-Hybrid variants goes for more than $170,000. “It’s an SUV, which everyone loves, but it’s also very aerodynamic and very engaging to drive.
“Production in the USA reduces delivery times as well as the environmental impact associated with shipping vehicles around the world. It will even have a positive impact on the price of Polestar 3,” says Dennis Nobelius, COO at Polestar. “All of this makes the brand even more competitive in the critical American sales market.”
The Polestar 3 will be built on the company’s SPA2 platform, which allows for dual motors and a battery large enough to offer up to 372 miles of range on the WLTP combined test cycle. No EPA rating is available at this time but expect it to be about 12% less.
The Polestar 3 will not be officially unveiled until October, with deliveries expected to begin in the middle of 2023.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
We're Testing The Polestar 2 Long Range Dual Motor, What Do You Want To Know? | CarscoopsWe're Testing The Polestar 2 Long Range Dual Motor, What Do You Want To Know? | Carscoops carscoops
Read more »
Animal Care Services manager on 'code red' days, euthanizationWe wanted to know more about the nonstop flow of dogs and cats into city shelters, so we sat down with an Animal Care Services live release manager.
Read more »
JAY-Z Clears Up Retirement Rumors, Says He's 'Open to Whatever'The rapper opened up during a sit-down with Kevin Hart for the comedian's 'Hart to Heart' series on Peacock.
Read more »
A Food Town Blooms off the GridDown a 60-mile gravel road, seven hours from Anchorage, sits the remote town of McCarthy. It boasts food as exceptional as the views
Read more »
Polestar More Than Doubled EV Sales In H1 2022Polestar announced that its car sales increased in the first half of 2022 by almost 125% to 21,200, compared to 9,510 a year ago.
Read more »
The Latest: Biden trip won't immediately impact gas pricesPresident Joe Biden says gas prices across the U_S_ “have been coming down every single day to the best of my knowledge.”
Read more »