Polestar has published the prices for its first purely electric model in the USA. The list prices of the Polestar 2 start at 59,900 US dollars: The battery-electric car qualifies for the federal tax credit of 7,500 dollars.
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In addition, the base price is subject to individual state subsidies, depending on where the buyer lives. The price is also slightly lower than the initial estimated price of $63,000. This will be extended to prior reservation holders as well, as Gregor Hembrough, Head of Polestar USA adds: “The MSRP is lower than we originally targeted, and will be extended to all of our current reservation holders. With an online purchase option, lower pricing, considerable tax incentives, and production already underway, the Polestar 2 is well-positioned for a successful entry into the US market.”
Several options are also included to pad out the battery-electric car, such as a $5,000 performance pack, as well as several cosmetic options from seat material to wheel alloys. Production for the Polestar 2 started in March, and the first deliveries of the Swedish electric car manufacturer are expected to launch late summer. There is also mention of showrooms called Polestar Spaces, which will open in the late summer in New York and on the US west coast. Additional locations will follow afterwards.
An EPA rating for the battery-electric car was built on the Compact Modular Architecture (CMA) platform and features a 300 kW electric motor that can achieve 660 Nm of torque is still to be released. Yet, according to the WLTP standard, the range was found to be 292 miles (470 km). In China, the vehicle will be marketed with slightly smaller battery capacity at 72 kWh compared to the 78 kWh battery to be delivered in Europe and the USA.
As for what’s next for the Volvo subsidiary, we were recently given an outlook of the company’s future strategy with the presentation of the electric concept car Precept.
Update 13 May 2020: Polestar has now released prices for its first electric in Canadian dollars. The Polestar 2 starts in Canada at retail prices from 69,900 Canadian dollars (equivalent to around 50,000 US dollars) – and is thus around 10,000 US dollars cheaper than in the USA, where the Polestar, as reported above, starts from 59,900 US dollars.
The Volvo subsidiary brand will soon open Polestar Spaces, with what it says will be a strategically placed network in Toronto, Montreal and Vancouver. The retail showrooms will be staffed with non-commissioned Polestar specialists who should assist customers with product information and test drives.
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