Tesla Model 3 Rival, Polestar 2, To Be Priced At $49,000

5 days ago by Eric Loveday 20

Polestar 1

The limited-run Polestar 1 will be very expensive, but the upcoming Polestar 2 won’t be.

Pegged as a true Tesla Model 3 rival, the forthcoming Polestar 2 should be priced from ~$49,000. That’s well above the $35,000 base price of the Model 3, but definitely in line with the current going rate for a Model 3 transaction today.

Polestar 1 PHEV, Not To Be Confused With The Yet-To-Be Revealed Polestar 2 BEV

Polestar says it will build approximately 50,000 2s annually, but that’s for the entire global market. We don’t know how many will be pegged for the U.S.

Polestar 2 should appear in 2019 and go on sale in 2020, a year after the pricey Polestar 1 goes on sale. Polestar 1 is a plug-in hybrid, whereas Polestar 2 will be purely electric.

Thomas Ingenlath chief executive officer at Polestar, stated:

“Polestar 2 will join the competition with Tesla Model 3, so people should have an understanding of the size and the price tag as well. It will start around €40,000 (£35,000).”

“We are not saying it’s a Tesla killer, we are here to vividly compete with them in the market. We will launch Polestar 2 in the second half of 2019 and production will begin around the start of 2020.”

Following Polestar 2, the automaker will launch the 3, a “low and aerodynamic” SUV.

All Polestar models after 1 will be purely electric.

Source: Auto Express

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20 responses to "Tesla Model 3 Rival, Polestar 2, To Be Priced At $49,000"

  1. Robb Stark says:

    My local Volvo dealer has zero models without any additional options.

    An XC90 has a starting base price of $46.9k but the cheapest one on dealer lots was $58k.

    I very much doubt the Polestar 2 will have significant discounts with such low volume available.

    1. zzzzzzzzzz says:

      Robb,

      I would advise do some minimal shopping beyond your closest dealer if you really want XC90. Here is one for $43,590 (MSRP $50,590):
      https://www.autotrader.com/cars-for-sale/vehicledetails.xhtml?listingId=474034021

      I guess it may involve some extra fees or be “not available anymore”, but $58k is some $10k too much if you don’t want options.

      1. Robb Stark says:

        The bait and switch “Manager’s Special” is a time honored tradition at stealerships. It always seems to have just sold as soon as you get there for a test drive.

        In the first two years of production there will not be a Polestar 2 sold for under $60k in the USA.

        1. pjwood1 says:

          It may be fair to go on and say, Volvo has to offer a network of chargers if it really wants to compete with Model 3.

          Are there enough fast chargers?
          Are they reliable?

          It’s between highly-possible and likely, that majors relegate their EVs to local duty. Musk’s Roadster went around the planet, without stopping to charge.

          Their move 🙂

          1. Dan says:

            Propriatary charging is silly and will have to go away if EVs are to become real options for most people. All chargers must serve all vehicles just like gasoline stations, anything less is stupid and impractical.

            1. Nix says:

              Let me know when gas stations actually meet the standards you are trying to set for chargers. It isn’t like you can get diesel and E85 at every gas station to meet the needs of all ICE car owners.

              And that doesn’t even get into specialty fuels like E15, blender pumps, a bunch of different 96+ octane race fuels, E0 gas for boats in E10 states, off-road (red) diesel, biodiesel, SVO/WVO, high cetane diesel race fuels, etc.

              And that doesn’t even get into how gasoline isn’t a singular commodity fuel. It is actually a basket of dozens of fuel blends based upon different blend stocks depending upon time of year, altitude, different PAD districts, with 4 different distinct octane levels (2 for low altitude, 2 for high altitude). There are more than a dozen different reformulated and oxygenated fuels in the US, based upon different RBOB’s.

              And that’s just the United States. Leave our borders, and what you get at a gas pump changes dramatically. Different fuels may even damage and disable your US or EU regulation car with modern emissions standards by clogging your emissions devices with high sulfur. Or damage your pistons with low octane.

              I think people have this false believe that fuels are universal for ICE engines, when there is actually much more going on.

              1. Dan is absolutely right. No matter how you spin it, you lose.

            2. Jason says:

              Actually a Tesla is a good bet. It can use the Super Charger network, it can use the CHAdeMO network, it can use pretty much every type of AC network. If/when they make a CCS adaptor then it will be able to use that network as well. Tesla has/is building a brand to rival BMW, Mercedes, Audi, etc so they have their exclusivity. But, Tesla had also said others could use their network if they signed up (I’m guessing either the terms are not right, or the other manufacturers are too bloody minded to do it).
              Now let’s take Nissan. Put pressure on them, they are about the last hold out for CHAdeMO, so effectively they have a proprietary system for all intents and purposes, so let’s get them to change their plug.
              Now let’s look at CCS (and Tesla as well with this one), why is there two different plug designs? Just get rid of the one with the least functionality.
              Every one jumps on Tesla about the SC network being proprietary but I don’t see anyone telling BMW “you should only provide the Menekes connector so there is a world wide standard”, they are just at fault as anyone for multiple charging standards.
              And maybe Tesla will sell off their charging business one day, actually that is possible because they have a charging part to their business, and people actually applaud the fact you can drive Tesla all over the world for distance driving. Can the same be said for any other manufacturer? Nope, they are only now understanding the charging infrastructure is actually pretty important to EV adoption and not something independent providers can do well yet.
              So please, consider DCFC charging issue as an entire problem and not just something specific to Tesla to fix.

  2. The Dude says:

    I will believe there is a Model 3 competitor when I can drive one across the country, any country.

    1. Lamata says:

      No Charging Infrastructure , No Thanks !

    2. Mikael says:

      Drive through any country…like Russia or Nigeria? 😛

      Argentina? Australia? India?

      1. Jason says:

        Australia is getting better. You can drive a Tesla from far North East Queensland, to Central South Australia no problems. Tesla has also been very aggressive with their Destination Chargers. You can’t do that with any other EV easily. And there is no evidence any other brand is helping to improve that, all CCS/CHAdeMO has been installed by independents or governments, the car industry is conspicuously absent in this investment.

  3. Mike says:

    I bet the field of 50,000$ luxury BEVs is pretty crowded by the launch date. It seems like every manufacturer is shooting for that market. BMW, MB, Jaguar, VW…. Maybe only Nissan is focused on a BEV for people who don’t want to break the bank on a car. You could almost say that about GM, but they have quite the price premium on their EVs.

  4. Apkungen says:

    Is it really a rival of they only plan on selling 50k and model 3 is planned to 500k+?

  5. Nix says:

    I really like the looks of the Polestar 1. If they follow the same design aesthetics for the P2 they will have a winner (without the grill of course, since it won’t be a PHEV). Hopefully they will offer AWD too.

    Hopefully it will be compatible with the upcoming 350-400 kW charging networks that have begun to be built out. The Tesla Supercharger advantage won’t last forever. It is just a question of how many years will Tesla’s Superchargers give them such a big advantage.

  6. Don Zenga says:

    First of all this coupe cannot match the sedan in sales and that too the Model-3 with 450,000 reservations and $49,000 price tag is way too much. Is it going to have 350 mile range since Model-3 long range has 310 for the $44,000 price tag. Lets wait for the details.

    1. Jason says:

      Will it have a frunk? Will it have seamless interaction with your mobile phone app? Will it have some form of AP? Will it have reputation as a reliable EV from a reputable EV supplier?
      Lots of questions to be answered.
      Still, great to see another EV coming into the mix.

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