Polestar, now separate from Volvo, is dealing with some issues as it adjusts to being on its own. They have a small lineup of electric cars that aren’t exactly cheap. But in March, they announced a price drop for the 2025 Polestar 3 Long Range Dual Motor with Pilot Pack.
This version will start at $74,800, including a destination charge of $1,400. This car is an all-wheel-drive crossover with 489 horsepower and 620 pound-feet of torque. It can travel around 315 miles on a single charge. The Pilot Pack adds features like Pilot Assist, Park Assist Pilot, Lane Change Assist, and a head-up display.
During a recent media event, Polestar’s global head of communications mentioned that they plan to release a rear-wheel-drive version of the Polestar 3 later this year for global markets.
However, they didn’t provide many details, so we’ll have to wait a few months for more information. For now, we know that the rear-wheel-drive version will have the same rear motor as the Long Range Dual Motor trim, with 241 horsepower. It will also use the same 111-kWh battery pack.
This rear-wheel-drive version might offer better range than the dual-motor version, but we’ll have to see the pricing first before we can judge. Even though the Polestar 3 is slightly bigger than a Tesla Model Y, its luxury pricing puts it in a middle ground between more affordable options like Ford and Tesla and more luxurious options like BMW and Mercedes.
The Polestar 3’s new lower price is $100 less than the entry-level Rivian R1S, which is a larger SUV with three rows of seats.
It’s unlikely that the Polestar 3 RWD will be as cheap as competitors like the Ford Mustang Mach-E or the Tesla Model Y. Both of those start at around $46,000 to $50,000 before any tax credits.
However, there might be some good news for Polestar customers. The initial Polestar 3 cars are made in China, so buyers in the U.S. can’t claim the $7,500 federal tax credit. But Polestar plans to start production in the U.S. by mid-2024, which could make buyers eligible for the tax credit.
