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

Polestar’s up coming main design start will be a mid-dimension SUV twinned with Volvo’s successor to the XC90 and aimed specifically at the Porsche Cayenne.

The new model will go by the title Polestar 3, and however it isn’t really because of for a expose till Oct, Polestar CEO Thomas Ingenlath has previously delivered data on pricing.

Talking at the Automotive News Europe Congress held final 7 days in Prague, Czech Republic, Ingenlath mentioned the Polestar 3 will start at 75,000 euros (approximately $76,300) and top out at 110,000 euros.

2022 Polestar 3

2022 Polestar 3

The costs will be related in the U.S., thanks to the exchange rate parity between the greenback and the euro, according to Automotive Information (subscription necessary).

Buy publications will open up pursuing the expose in Oct. Generation is thanks to start in early 2023, which means we’ll likely see the Polestar 3 arrive as a 2023 design.

Production will be handled at Volvo’s plant in Charleston, South Carolina, in which the Volvo S60 is at this time developed and wherever the XC90 successor will be crafted. Output will also be taken care of in China for that current 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 thought to be a version of Volvo’s SPA2 system made from the onset for electric powered automobiles but capable of supporting hybrid powertrains.

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

Over and above the Polestar 3, Polestar plans to launch a smaller crossover dubbed the Polestar 4 in 2024 and then a fastback sedan dubbed the Polestar 5 in 2025. Should cash permit, Ingenlath would like to see Polestar eventually incorporate a roadster to its lineup. The automaker in March previewed just these kinds of a motor vehicle with its hanging O2 notion auto.

Katherine T. Burrows

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