Electric car

Polestar 3 will be priced from 75,000 euros, challenge Porsche Cayenne

Polestar’s subsequent main mannequin launch can be a mid-size SUV twinned with Volvo’s successor to the XC90 and aimed straight on the Porsche Cayenne.

The brand new mannequin will go by the title Polestar 3, and although it is not due for a reveal till October, Polestar CEO Thomas Ingenlath has already supplied data on pricing.

Talking on the Automotive DriftBreath Europe Congress held final week in Prague, Czech Republic, Ingenlath mentioned the Polestar 3 will begin at 75,000 euros (roughly $76,300) and prime out at 110,000 euros.

2022 Polestar 3

The costs can be comparable within the U.S., as a result of trade charge parity between the greenback and the euro, in accordance with Automotive DriftBreath (subscription required).

Order books will open following the reveal in October. Manufacturing is because of begin in early 2023, which implies we’ll doubtless see the Polestar 3 arrive as a 2023 mannequin.

Manufacturing can be dealt with at Volvo’s plant in Charleston, South Carolina, the place the Volvo S60 is at present constructed and the place the XC90 successor can be constructed. Manufacturing can even be dealt with in China for that market.

L to R: Polestar 2, Polestar 3, Polestar 4 and Polestar 5

L to R: Polestar 2, Polestar 3, Polestar 4 and Polestar 5

Underpinning the Polestar 3 and XC90 successor is considered a model of Volvo’s SPA2 platform developed from the onset for electrical automobiles however able to supporting hybrid powertrains.

Polestar’s gross sales goal for 2023 is 24,000 models, rising to 67,000 for 2024 and 77,000 for 2025.

Past the Polestar 3, Polestar plans to launch a smaller crossover dubbed the Polestar 4 in 2024 after which a fastback sedan dubbed the Polestar 5 in 2025. Ought to funds permit, Ingenlath desires to see Polestar ultimately add a roadster to its lineup. The automaker in March previewed simply such a car with its placing O2 idea automotive.

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