“Manufacturing Polestar 3 in the USA is a crucial step for us,” Ingenlath said at the event. “Now we offer customers in America an electric SUV that is built in America.”
The Polestar 3 is the brand’s first EV built on two continents. After production kicked off in China in April, Polestar’s electric SUV is now being made in the US. Polestar plans to export Polestar 3 models to Europe, which will “strengthen our business on a broader scope,” according to Ingenlath.
Polestar calls its new model “The performance SUV for the electric age.” The electric SUV fuses its signature Scandinavian design with advanced software and powertrain tech.
Starting at $73,400 in the US, the Polestar 3 gets up to 315 miles EPA-est range. It can also fast charge (10% to 80%) in 30 mins to get you back on the road quickly.
Subsidies vary in different nations. China subsidizes things pretty aggressively, and unlike the US, they focus a lot on lowering material and manufacturing costs. The US has focused on modest tax breaks for buyers of already manufactured products.
As for sticker price, sub $40k EVs has been a challenging space for Japan, Korea, Germany, France, the Netherlands, etc. There are a good amount of nations with EV manufacturers now, and I think it’s a stretch to assume that they’ve all aligned on keeping prices high for vehicles with long range.
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https://www.businessinsider.com/nissan-sakura-tiny-car-is-japans-best-selling-ev-2023-10?op=1
I’m starting to think you’re just forming opinions as we go…
Their highest selling EV is a third of the price point you say they can’t beat?
How do you explain that?