Polestar also announced the price of the additional options.
- Performance Pack: $ 5,000
- Nappa leather interior: $ 4,000
- 20-inch alloy wheels: $ 1,200
- Metallic paint colors: $ 1,200
The Polestar 2 is eligible for the $ 7,500 federal tax credit, as well as attractive state discounts. The model’s MSRP of $ 59,900 allows it to exceed the California threshold of $ 60,000 for a rebate of $ 2,000.
The Polestar 2 sedan delivers 408 horsepower and 487 pound-feet of torque in an AWD configuration. Its 78 kWh battery should offer an estimated range of 275 miles (although that is optimistic). DC fast charging occurs at 150 kilowatts.
Deliveries to US reservation holders are scheduled to begin in the summer of 2020. Polestar is also expected to open 15 Polestar retail locations in North America. The first locations will be on the West Coast and in New York in late summer 2020. The Polestar 2 is available for sale in all 50 states.
Gregor Hembrough, director of Polestar USA, said:
We are very excited to announce the price in the United States for the Polestar 2. The MSRP is below our original target and will be extended to all of our current reservation holders. With an online purchase option, lower prices, substantial tax incentives and production already underway, the Polestar 2 is well positioned to successfully enter the US market.
Not everyone likes the design of the Polestar 2, but I’m a fan. The clean lines and the electric sedan feel are striking. There’s a lot of luxury feeling inside Volvo, and the Android-based infotainment system is compelling. (Although using a central tunnel to store the batteries is a bit strange for an EV.)
But the wait for the price was closer to $ 50,000, perhaps lower. So coming in at over $ 60,000 is disappointing. By the time you add the desirable features, destination fees, etc., it will approach $ 70,000.
The 78 kWh Polestar 2 will be difficult to sell against the 75 kWh Tesla Model 3, which is several thousand dollars cheaper and benefits from the Supercharger network. But I have no doubt that Polestar will find a lot of customers who want something different.
Polestar does not have the same consumer aspirations as Tesla. So seeing it added to US routes, even in relatively small numbers, is a good thing. I can’t wait to see the first one in the wild.
FTC: We use automatic affiliate links to generate income. More.
Subscribe to Electrek on YouTube for exclusive videos and subscribe to the podcast.