We know Polestar won’t launch its new electric vehicle until next fall. However, the company shared the price information of the electric SUV model, which will appear in the future. Polestar CEO Thomas Ingelanth said the Polestar 3 will be in the €75,000 to €110,000 range. The electric SUV can be sold in the US for between $75,000 and $111,000.
The price of Polestar 3 will be in between €75,000 to €110,000
We don’t have the technical specifications of the Polestar 3 yet. Although the company does not give all the vehicle’s features, the car will have a dual-engine powertrain. The twin-engine $53,300 Polestar 2 has 408 horsepower and 487 pound-feet of torque standard, hitting 60 miles per hour in 4.6 seconds.
Those data can be upgraded to 476 hp and 502 pound-feet for buyers who select the Performance Pack, also 60-mph sprint coming down to 4.2 seconds. The Polestar 3 is expected to be between the Tesla Model Y and Model X. More information about Polestar 3 SUV will be shared in the announcement in October.
The company plans to launch the vehicle in 30 markets by the end of 2023. By 2023, Polestar expects to sell 24,000 units of its first SUV globally, followed by 67,000 in 2024 and 77,000 in 2025.
Polestar SUV will be produced in the USA
The Polestar 3 will be manufactured at the Volvo factory in Ridgeville, South Carolina, where the XC90 is currently built. “Polestar 3 will be built in America for our American customers,” says Thomas Ingenlath. “I remember the great response when I first shared Polestar’s vision here in the USA, and I am proud that our first SUV will be manufactured in South Carolina. From now on, the USA is no longer an export market but a home market.”