Polestar introduced a new, lower-priced Polestar 3 model on Thursday to intensify the competition with Tesla and Porsche. The new model comes as the first Polestar 3 customers received their electric SUVs.
Polestar 3 gets lower-priced model as deliveries kick-off
As its first EV built on two continents, Polestar is expecting big results from its new electric SUV. The Polestar 3 is “the SUV for the electric age” with an aerodynamic design, luxurious tech-loaded interior, and sports-car-like feel.
With a massive 11 kWh battery and highly efficient motor, the Polestar 3 gets up to 315 miles range. It also includes fast charging (10% to 80%) capabilities in 30 mins to get you back on the road.
Polestar 3 production began in Chengdu, China, in April, while US production in South Carolina is slated for this summer.
A few months ago, Polestar revealed its electric SUV would start $10,000 less than expected, with a new MSRP of $73,400.
Polestar announced a new Long range Single motor Polestar 3 model on Thursday. The new lower-priced Polestar 3 starts at $85,500 (€79,890), including the handover fee. The new model is available to order in Europe while North America and Australia will follow later this year.
Polestar 3 Long range Single motor RWD model (Source: Polestar
The Long-range Single Motor model offers “a new entry-point for our flagship electric SUV,” according to CEO Thomas Ingenlath.
Powered by the same 111 kWh battery, the new Polestar 3 offers up to 404 miles (650 km) WLTP range.
Polestar delivers first Polestar 3 electric SUVs (Source: Polestar)
The new model arrives as the first Polestar 3 buyers received their new electric SUVs. Polestar is delivering models to customers across two continents, with more markets coming throughout 2024.
The first three Polestar 3’s were delivered in Sweden, while the North American Polestar team is handing over the first models in California, Illinois, and New York. Polestar plans to deliver more models in Germany and Norway on Friday.
2025 Polestar 3 trim
Estimated EPA range (Combined)
Power
Torque
Price
Long Range Dual Motor with Pilot Pack
315 miles
489 hp
620 lb-ft
$73,400
Long Range Dual Motor with Pilot Pack and Plus Pack
315 miles
489 hp
620 lb-ft
$78,900
Long Range Dual Motor with Pilot and Performance Pack
279 miles
517 hp
671 lb-ft
$79,400
Long Range Dual Motor with Pilot, Plus, and Performance Pack
279 miles
517 hp
671 lb-ft
$84,900
Polestar 3 price and specs by trim (*excluding $1,400 destination fee)
The current base (for now) Polestar 3 Long Range Dual Motor model starts at $73,400 in the US. The Long Range Dual Motor with Performance pack costs $79,400. Polestar said it will reveal US pricing for the new lower-priced model later this year.
Polestar’s new electric SUV is also eligible for its $7,500 Polestar Clean Vehicle Incentive for leases.
Meanwhile, Polestar offers various packs to upgrade the vehicle. These include: Pilot pack (included), Pilot pack with LiDAR (+$5,000), Plus Pack (+$5,500) and Pro pack (+2,100).
The news comes after Polestar launched the new 2025 Polestar 2 Wednesday with more range and new styling (check out the 2025 Polestar 2 here).
Can Polestar’s new electric SUV compete with Tesla’s top-selling Model Y, starting at $44,990, with up to 320 miles range? Or Porsche’s new Macan EV, starting at $78,800? Let us know what you think in the comments.
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With the launch of the first-ever Class 8 vocational EV in the North American market, PACCAR Kenworth is raising the battery-electric bar and underscoring just how far the market has come since the Tesla Semi made its debut nearly a decade ago.
When Tesla pulled the wraps off its all electric Semi truck all the way back in November of 2017, the rest of the industry was hardly thinking about BEVs. Nearly a decade later, the world is still waiting for the Semi to begin regular production, and PACCAR is launching its second generation of HDEVs with the debut of this, the all-new Kenworth T880E vocational truck.
“The Kenworth T880E marks a groundbreaking milestone in Kenworth’s history as we bring to market the first Class 8 battery-electric solution built for vocational applications,” explains Kevin Haygood, Kenworth assistant general manager for sales and marketing. “The T880E is engineered to meet the evolving needs of operators and vocational fleets while still providing the durability, reliability and customization our customers expect.”
The new electric K-whopper is motivated by PACCAR’s in-house ePowertrain platform, capable of putting up to 605 hp and 1,850 lb-ft of peak torque to work, while delivering the same levels of drivability and dependability fleets expect from a Kenworth – but power and torque are only part of the T880E’s work-ready résumé.
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Open to work
Kenworth T880E; via PACCAR.
In addition to a stout, Class 8 electric chassis fitted with heavy-duty Kenworth brakes and axles, the T880E’s central drive eMotor allows for significant wheelbase flexibility so fleet buyers can spec out exactly the machine they need to get the job done. The T880E was also designed to enable lift axle installations from trusted Kenworth upfitters for a vocational-friendly BEV integration.
Additionally, the T880E features a wide selection of factory-installed options that include both high- and low-voltage ePTO (electric Power Take Off) ports, mechanical ePTOs, and the same wide array of body configurations as the ICE version.
Speaking of the ICE version, the electric T880E also can also be had in the same set-back front axle and set-forward front axle configurations with the same multi-piece hood construction. Inside the cab, the latest in driver-focused technology includes the Kenworth SmartWheel and a new 15″ DriverConnect digital touchscreen. Dash and vocational features like RAM Mounts and factory-installed PTO switches are available. The T880E is also offered with Kenworth ADAS packages for customers interested in DigitalVision Mirrors, Bendix Fusion, and Lane Keeping Assist.
It’s so big, you guys
Kenworth T880E; photo by the author.
The T880E was on static display at last week’s ACT Expo in Anaheim, California. Check with your local Kenworth dealer for availability.
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The tire-blistering SU7 Ultra has been the Xiaomi brand’s flagship super sedan since its launch, but a controversial software setting has limited the car to “just” 900 hp in regular driving – resulting in an outcry from owners who ponied up for the big boy numbers. With its latest software update, that missing 648 hp is back on tap!
The SU7 Ultra made waves throughout the performance car world when a bright yellow striped example lined up alongside a white quarter mile king, the 1,000+ hp Tesla Model S Plaid, and promptly smoked it.
That wasn’t all. A preproduction SU7 Ultra prototype lapped the legendary Nürburgring circuit in just 6 minutes and 46.874 seconds, firmly stamping the 1,500+ hp Xiaomi’s alphanumeric into the track’s record books with a time nearly fifteen seconds quicker than a Rimac Nevera or, on the ICE front, either a Corvette ZR1, Viper ACR, or Porsche 918 (take your pick).
It’s hardly any wonder, then, that the customers who signed up – in droves, too – were disappointed to learn that the SU7 they were allowed to buy had been neutered by the safety nannies to the tune of nearly 650 hp. (!)
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We’re so back
The outrage from SU7 Ultra owners was immediate. And, facing mounting pressure online and on social media, Xiaomi ultimately decided to withdraw the performance-limiting features while acknowledging the need for more transparent communication about future software updates they messed up, saying in a statement, “we appreciate the passionate feedback from our community and will ensure better transparency moving forward.”
So, rich people can rocket themselves down the road in 9 second hypercars again and all is right with the world. A happy ending – but one that sort of illuminates a fresh set challenges for automakers peddling “software-defined vehicles” to a market that still thinks of their cars as very much hardware defined products.
The new reality is playing out in real time now, and the Jeff Bezos-backed $20,000 electric compact pickup from Slate Auto is going the other way entirely – time will tell whether more, or less tech is the answer.
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Tesla (TSLA) has started offering reduced interest rates on the new Model Y in the US — this equates to a direct discount on the brand new vehicle that was supposed to spark Tesla’s demand back.
The automaker has announced “1.99% APR or $0 Due at Signing available for well-qualified buyers” on the new Model Y in the US for the first time:
This amounts to a direct discount worth a few thousand dollars. It is the first widely available discount on the new Model Y coming just weeks after the cheaper non-Launch Edition launched in the US.
These discounts and subsidized financing point to soft demand for the updated best-selling vehicle in the US. Tesla just delivered a disastrous first quarter, which it mostly blamed on the Model Y changeover, resulting in lower inventory.
However, industry watchers, including Electrek, noted many signs that the Model Y changeover was not the only issue. Tesla added significantly to its inventory in the first quarter, and the wait times for the new Model Y were extremely short.
Now, the discount weeks after launching the new Model Y confirm the soft demand in the US.
I think it’s clear by now: the new Model Y is not coming to save Tesla.
Let’s be honest: It will still be a significant vehicle program by volume. It just won’t help Tesla return to growth this year.
The RWD Model Y is still coming and has a chance to help in the US. It is already available in China, and it’s not helping Tesla much there, but that’s in a hyper-competitive market, especially at lower prices where the RWD Model Y operates.
Tesla’s performance in Q2 in China will be interesting since it is basically back to its regular lineup for the whole quarter.
The US appears to have been Tesla’s least affected market, but Q3 will be the real test with the full lineup and no backlog of demand for new Model Y.
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