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.
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.
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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JiYue, a Chinese EV brand focused on delivering all-electric “robocars” to the masses, has unveiled its latest model, and it’s quite a deviation from its previous EVs—but in the best way. Earlier today, JiYue launched the ROBO X supercar, designed for high-speed racing. By high speed, we mean 0-100 km/h acceleration in under 1.9 seconds. My mouth is watering.
JiYue has only existed since 2021, when parent tech company Baidu announced it was expanding from software development into physical EV production, joining forces with multinational automotive manufacturer Geely.
The new “robotic EV” marque initially launched as JIDU with $300 million in startup capital before garnering an additional $400 million in Series A funding, led by Baidu, in January 2022.
In August 2023, Geely took on a larger role in JIDU alongside a greater financial stake as the brand reimagined itself as JiYue, inheriting the JIDU logo and its flagship model, the 01 ROBOCAR.
The 07 finally launched in China earlier this year with 545 miles of range. With an all-electric SUV and sedan on the market, JiYue has unveiled an exciting new entry in the form of a performance supercar called the ROBO X. Check it out:
JiYue’s new ROBO X EV is available for pre-order now
JiYue showcased its new ROBO X hypercar in front of the crowd at the 2024 Guangzhou Auto Show earlier today. Similar to previous models but with a unique spin, JiYue described the ROBO X as an AI smart-driving supercar that, for the first time, blends artificial intelligence and autonomous driving into a high-performance, race-ready EV.
When we say “high performance,” we mean a quad motor liquid-cooled drive system that can propel the ROBO X from 0 to 100 km/h (0 to 62 mph) in under 1.9 seconds. JiYue called the new ROBO X a “performance beast” with “the perfect balance of excellent aerodynamic performance and high downforce.” JiYue CEO Joe Xia was even bolder in his statements about the ROBO X:
For the next 20 years, the design of supercars will bear the shadow of Robo X. This is the best design in the history of Chinese automobiles today, and it is a landmark presence.
Fighter-style airflow ducts bolster the EV’s aerodynamics, efficiency, and overall posture. Per JiYue, the two-seater ROBO X is expected to deliver a maximum range of over 650 km (404 miles).
The new supercar features falcon-wing doors, a carbon fiber integrated frame, and a professional racing HALO safety system offering 360° of support. The interior features an AI smart cockpit with SIMO real-time feedback to give drivers an immersive racing experience.
Furthermore, JiYue said the vehicle will utilize parent company Baidu’s Apollo self-driving technology, which could make it the first electric supercar to apply pure-vision ADAS technology that enables track-level autonomous driving.
Following today’s unveiling of the ROBO X, JiYue has officially opened up pre-orders in China for RMB 49,999 ($6,915). That said, reservation holders will need to be patient as JiYue shared that it doesn’t expect to begin mass production of the ROBO X until 2027.
What do you think? Will people be talking about the ROBO X for the next 20 years?
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This week on Electrek’s Wheel-E podcast, we discuss the most popular news stories from the world of electric bikes and other nontraditional electric vehicles. This time, that includes the launch of the Lectric XPedition 2.0, Yamaha e-bikes pulling out of North America, LiveWire unveils an electric scooter concept, PNY readying its cargo e-scooters for pilot testing, Royal Enfield’s first electric motorcycle, and more.
The Wheel-E podcast returns every two weeks on Electrek’s YouTube channel, Facebook, Linkedin, and Twitter.
As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.
After the show ends, the video will be archived on YouTube and the audio on all your favorite podcast apps:
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Here are a few of the articles that we will discuss during the Wheel-E podcast today:
Here’s the live stream for today’s episode starting at 9:30 a.m. ET (or the video after 10:30 a.m. ET):
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Crude oil futures were on pace Friday for loss for the week, as a supply gut and a strong dollar depresses the market.
U.S. crude oil is down more than 2% this week, while Brent has shed nearly 2%.
Here are Friday’s energy prices:
West Texas Intermediate December contract: $68.56 per barrel, down 14 cents, or 0.2%. Year to date, U.S. crude oil has shed about 4%.
Brent January contract: $72.36 per barrel, down 20 cents, or 0.28%. Year to date, the global benchmark has lost nearly 6%.
RBOB Gasoline December contract: $1.99 per gallon, up 0.46%. Year to date, gasoline has fallen more than 1%.
Natural Gas December contract: $2.70 per thousand cubic feet, down 2.98%. Year to date, gas has gained more than 4%.
The International Energy Agency has forecast a surplus of more than 1 million barrels per day in 2025 on robust production in the U.S. OPEC revised down its demand forecast for the fourth consecutive month as demand in China remains soft.
A strong dollar also hangs over the market, as the greenback has surged in the wake of President-elect Donald Trump’s election victory.