Polestar’s electric SUV will start at €75,000

Polestar won’t officially unveil its next electric vehicle, but the company has shared initial pricing information. Earlier this week, Polestar CEO Thomas Ingenlath said the Polestar 3 would start at €75,000 and end at around €110,000, reports reported (above ). At current euro-dollar parity, the automaker’s first electric SUV could cost between $75,700 and $111,000 when it arrives in the United States.

Of course, with Polestar 3 production not scheduled to start until early 2023, the exchange rate could tip back in favor of the euro, but Ingenlath’s comments give us an idea of ​​where the automaker wants to position the electric vehicle. A $75,000 price tag would put the base model Polestar 3 in roughly the same category as the and , which cost $69,990 and $72,500 pre-incentives in their respective Performance and Explore trims. Meanwhile, you’re looking at a car in the precinct with the top-end model.

There’s still a lot we don’t know about the Polestar 3’s specs, but the company has said the SUV would have the same twin-engine powertrain as the Polestar 3 and a range of 372 miles. Polestar also announced that it plans to partially produce the vehicle in the United States. We’ll likely learn more about the SUV ahead of its debut in October.

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https://www.engadget.com/polestar-3-pricing-announced-190840507.html?src=rss Polestar’s electric SUV will start at €75,000

Russell Falcon

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