Polestar 4 electric SUV unveiled in the US as Tesla Model Y rival, prices start at $56,300
A new luxury electric SUV is hitting the US market to take on Tesla’s best-selling Model Y. Polestar revealed its second electric SUV, the Polestar 4, will have a starting price tag of $56,300 (including $1,400 destination fee) with up to 300 miles range.
After unveiling its fully electric “SUV Coupe” almost a year ago, the Polestar 4 has arrived in North America.
The Polestar 4 made its North American debut Wednesday at the NY Auto Show as full prices were revealed. Polestar’s newest electric SUV will start at $56,300 with 300 miles targeted range. That includes a $1,400 destination fee.
Polestar’s CEO Thomas Ingenlath previously said the new EV is positioned as a “more premium, more luxurious” SUV than Tesla’s Model Y. But, is it?
After Polestar 4 production began in November, the first customers began receiving vehicles by the end of the year. By the end of 2023, Polestar handed over 880 models.
Polestar launched its electric SUV coupe in Europe and Australia earlier this year. The starting Polestar 4 price in Europe is EUR 63,200 ($68,500) and AUD 81,500 ($53,700) in Australia. Now, Polestar’s newest electric SUV is finally arriving in the US.
Polestar 4 electric SUV price revealed in the US
The Swedish EV maker revealed full Polestar 4 pricing at the NY Auto Show. The cheapest Polestar 4, the Long Range Singe Motor variant, will start at $56,300 with 300 miles range. That’s less than the anticipated $60,000 initially expected.
Polestar’s Single Motor version includes 272 hp and 253 lb-ft of torque for a 0 to 60 mph sprint in 7.4 seconds.
| Polestar 4 trim | Starting Price (including $1,400 destination fee) |
Range (expected EPA-est) |
| Long Range Single Motor | $56,300 | 300 mi |
| Long Range Dual Motor | $64,300 | 270 mi |
| Long Range Dual Motor model (with Plus and Performance packs) |
$74,300 | 270 mi |
The Dual-Motor Polestar 4 starts at $64,300, but packs 544 hp and 506 lb-ft of torque for a 0 to 60 mph time in 3.7 seconds. It’s expected to feature up to 270 miles range.
At the top of the range, the Long Range Dual Motor model with Plus and Performance packs, starts at $74,300. Other package options include Pilot (+$1,500), Pro (+$2,000), Plus (+$5,500) and Performance (only available on the Dual Motor model).
The Polestar 4 will compete with other mid-size SUVs like Tesla’s Model Y and the new Porsche Macan EV. In comparison, the Tesla Model Y starts at $43,990 with up to 260 miles range. However, the Model Y is eligible for the $7,500 tax credit, bringing prices down to $36,490.
For the Long Range Model Y, prices start at $48,990 with up to 310 miles range. With the tax credit, the Long Range version starts at only $44,990.
Polestar’s new electric SUV is unique with no rear window. Instead, a rear-facing HD camera “enhances interior space and the rearward view.”
The interior features a 15.4″ infotainment powered by Android Auto OS with built-in Google. An added 10.2″ driver display is equipped ahead of the steering wheel.
Polestar will open orders for its new electric SUV in April 2024 with deliveries expected by the end of the year.
What do you guys think about Polestar’s new SUV? Let us know in the comments.
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Swedish multinational Sandvik says it’s successfully deployed a pair of fully autonomous Toro LH518iB battery-electric underground loaders at the New Gold Inc. ($NGD) New Afton mine in British Columbia, Canada.
The heavy mining equipment experts at Sandvik say that the revolutionary new 18 ton loaders have been in service since mid-November, working in a designated test area of the mine’s “Lift 1” footwall. The mine’s operators are preparing to move the automated machines to the mine’s “C-Zone” any time now, putting them into regular service by the first of the new year.
“This is a significant milestone for Canadian mining, as these are North America’s first fully automated battery-electric loaders,” Sandvik said in a LinkedIn post. “(The Toro LH518iB’s) introduction highlights the potential of automation and electrification in mining.”
The company says the addition of the new heavy loaders will enable New Afton’s operations to “enhance cycle times and reduce heat, noise and greenhouse gas emissions” at the block cave mine – the only such operation (currently) in Canada.
Electrek’s Take
From drilling and rigging to heavy haul solutions, companies like Sandvik are proving that electric equipment is more than up to the task of moving dirt and pulling stuff out of the ground. At the same time, rising demand for nickel, lithium, and phosphates combined with the natural benefits of electrification are driving the adoption of electric mining machines while a persistent operator shortage is boosting demand for autonomous tech in those machines.
The combined factors listed above are rapidly accelerating the rate at which machines that are already in service are becoming obsolete – and, while some companies are exploring the cost/benefit of converting existing vehicles to electric or, in some cases, hydrogen, the general consensus seems to be that more companies will be be buying more new equipment more often in the years ahead.
What’s more, more of that equipment will be more and more likely to be autonomous as time goes on.
We covered the market outlook for autonomous and electric mining equipment earlier this summer, and I posted an episode exploring the growing demand for electric equipment on an episode of Quick Charge I’ve embedded, below. Check it out, then let us know what you think of the future of electric mining in the comments.
More EVs means more mines, equipment
SOURCE | IMAGES: Sandvik, via LinkedIn.
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European logistics firm Contargo is adding twenty of Mercedes’ new, 600 km-capable eActros battery electric semi trucks to its trimodal delivery fleet, bringing zero-emission shipping to Germany’s hinterland.
With over 300 miles of all-electric range, the new Mercedes eActros 600 electric semi truck was designed for (what a European would call) long-haul trucking. Now, after officially entering production at the company’s Wörth plant in Bavaria last month, the eActros 600 is reaching its first customer: Contargo.
With the addition of the twenty new Mercedes, Contargo’s electric truck fleet has grown to 60 BEVs, with plans to increase that total to 90. And, according to Mercedes, Contargo is just the first.
The German truck company says it has plans to deliver fifty (50) of the 600 kWh battery-equipped electric semi trucks to German shipping companies by the close of 2024.
Contargo’s 20 eActros 600 trucks were funded in part by the Federal Ministry for Digital Affairs and Transport as part of a broader plan to replace a total of 86 diesel-engined commercial vehicles with more climate-friendly alternatives. The funding directive is coordinated by NOW GmbH, and the applications were approved by the Federal Office for Logistics and Mobility.
Electrek’s Take
Electric semi trucks are racking up millions of miles in the US, and abroad. As more and more pilot programs begin to pay off, they’re going to lead to more orders for battery electric trucks and more reductions in both diesel demand and harmful carbon emissions.
We can’t wait to see more.
SOURCE | IMAGES: Contargo, via Electrive.
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