The Polestar 3 is a long-awaited addition to the automaker’s lineup. The performance-oriented SUV will only be available on an EV platform and is being developed in unison with Volvo, which co-owns the company.
While pre-orders are currently underway for the Polestar 3, there will be a significant delay until drivers start seeing the SUV in their driveways and sales actually start.
Earlier models released by Polestar
The Polestar 3 is the brand’s third attempt at a conventional car. The electric carmaker has its roots in Volvo racing cars, and Geely is currently building its vehicles in China. Many electric vehicle enthusiasts are eager to get their hands on the Polestar 3 due to its modern styling and design features not found on many other brands.
Polestar is not new to the electric vehicle industry. In 2019, the automaker released the Polestar 1, a limited-production GT that competed with the Porsche 911. The two-door PHEV coupe, no longer in production, offered a hybrid powertrain that produced 619 hp and had a hefty cost of $150,000. price tag.
In 2020, production of the all-electric Polestar 2 began, which had an MSRP of around $50,000 for a single-motor version. Resembling a Volvo, the sleek sedan is a battery-powered five-door liftback with the height of a crossover. The Polestar 2 has three variants, with the long-range twin-motor version starting at $58,000.
What we know about the Polestar 3 so far, including expected delivery dates
Like the larger electric Volvo EX90, the Polestar 3 will be one of the first electric vehicles to use the new Scalable Product Architecture (SPA2), a full-size monocoque platform developed by Volvo.
According to ARS TechnicalPolestar CEO Thomas Ingenlath said: “Polestar 3 is a powerful electric SUV that appeals to the senses with distinctive Scandinavian design and excellent driving dynamics.” He explained, “It also takes our manufacturing footprint to the next level by bringing production to the United States. We are proud and excited to expand our portfolio as we continue our rapid growth.”
Production for China, Europe and North America will begin in China next year with deliveries expected to begin in the fourth quarter of 2023.
How much will the Polestar 3 cost?
While the first Polestar 3 models won’t arrive in North America until late next year, the automaker is so confident the all-electric SUV will be well received in the US market that it has plans to begin local production in 2024 in its manufacturing facility in Ridgeville, South Carolina.
The Polestar 3 will only have one configuration when it hits the US market and is expected to start at $83,900 for a “charged” four-wheel-drive, dual-motor EV making 489 hp and 620 lb-ft of torque.
An optional $6,000 performance package, one of the few options, will offer 517 hp and 671 pound-feet of torque, with a top speed of 112 mph. Pilot and Plus packages will be standard for the first model year.
Electrek he predicts that a lower-priced, single-engine version of the Polestar may be in the works. As of July 2023, to qualify for a federal electric vehicle tax credit of $7,500, the price threshold for an electric SUV is $80,000. Since the Polestar 3 in its current variant is not eligible, it may only be a matter of time before a cut-down model hits the market. Until then, drivers will have to eagerly await the release of the long-range twin-motor version.
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