Polestar (PSNY) has officially expanded its EV lineup threefold as its new electric SUV coupe reaches customers in Europe. Polestar 4 deliveries are now underway in Europe, with North America and Australia following by the end of 2024.
Polestar 4 deliveries kick off in Europe
“With Polestar 3 on the road since summer, this is the next important milestone for us in 2024 as we make our first European deliveries of Polestar 4 and give our customers even more choice,” Polestar’s CEO Thomas Ingenlath explained.
The Polestar 4 is a premium electric SUV Coupe that blends the best of both worlds. With the space of an SUV and Coupe aerodynamics, the Polestar 4 is built for the electric age.
After launching its new electric SUV Coupe in Europe in January, the first customers received their Polestar 4 models on Monday.
The Polestar 4 starts at EUR 63,200 ($70,000) with up to 379 miles (610 km) WLTP range. Polestar claims its new electric SUV Coupe is its fastest production car yet.
With up to 544 hp (400 kW), the Polestar 4 can hit 0 to 62 (0 to 100 km/h) in 3.8 seconds. That’s almost as fast as Tesla’s Model Y Performance with a 0 to 62 mph spront in 3.7 secs.
Polestar 4 (Source: Polestar)
With the rear window removed, the glass roof extends beyond the rear passengers. Inside, the luxury EV features a 15.4″ infotainment with built-in Google and a 10.2″ driver display. It also includes a head-up display with 14.7″ projection space on the windshield.
Polestar’s new electric SUV is available in both dual and single-motor models. All are powered by a 100 kWh battery.
Polestar 4 interior (Source: Polestar)
The Polestar 4 is expected to rival premium electric SUVs like the Porsche Macan EV, BMW iX3, and Tesla’s best-selling Model Y.
Polestar 4 trim and upgrades in Europe
Starting prices, including VAT
Long Range Single Motor
EUR 63,200 ($68,500)
Long Range Dual Motor
EUR 71,200 ($77,000)
Pilot Pack
EUR 1,500 ($1,600)
Plus Pack
EUR 5,500 ($6,000)
Pro Pack
EUR 2,000 ($2,200)
Performance Pack (dual motor only)
EUR 4,500 ($4,900)
Polestar 4 prices and upgrades in Europe
Polestar delivered the first models to customers in Germany, Norway, and Sweden, with more European markets coming in the next few weeks.
The design-led premium luxury EV brand globally
Polestar now offers three premium EVs in Europe. The first Polestar 3 models, the brand’s “SUV for the electric age,” were delivered in Europe earlier this summer.
“With three models, Polestar is positioning itself as the design-led premium luxury electric car brand in the global EV market,” Ingenlath said.
As Polestar 4 deliveries kick off in Europe, the EV maker is also expanding its manufacturing footprint. Polestar 4 production will begin in South Korea in 2025, increasing its ability to deliver models globally.
Polestar expects Polestar 4 deliveries to begin in North America and Australia in the fourth quarter of 2024.
Polestar delivers first Polestar 4 models in Europe (Source: Polestar)
The Polestar 4 starts at $56,300 in the US with up to 300 miles range. Like in Europe, it’s available in Single and Dual Motor variants with up to 544 hp.
In comparison, Tesla’s Model Y starts at $44,990 with up to 320 miles EPA-est range. Porsche’s new Macan EV starts at $75,300.
Polestar 4 trim in the US
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
Polestar 4 price and range by trim for the US
Just last week, Polestar announced it had built its first electric SUV in the US. The first Polestar 3 rolled off the production line in South Carolina last Wednesday.
The Polestar 3 starts at $73,400 in the US with up to 315 miles range. It’s also expected to rival Tesla’s Model Y and the new Porsche Macan EV.
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Logo of the Organization of the Petroleum Exporting Countries (OPEC)
Andrey Rudakov | Bloomberg | Getty Images
U.S. crude oil futures fell more than 4% on Sunday, after OPEC+ agreed to surge production for a second month.
U.S. crude was down $2.49, or 4.27%, to $55.80 a barrel shortly after trading opened. Global benchmark Brent fell $2.39, or 3.9%, to $58.90 per barrel. Oil prices have fallen more than 20% this year.
The eight producers in the group, led by Saudi Arabia, agreed on Saturday to increase output by another 411,000 barrels per day in June. The decision comes a month after OPEC+ surprised the market by agreeing to surge production in May by the same amount.
The June production hike is nearly triple the 140,000 bpd that Goldman Sachs had originally forecast. OPEC+ is bringing more than 800,000 bpd of additional supply to the market over the course of two months.
Oil prices in April posted the biggest monthly loss since 2021, as U.S. President Donald Trump’s tariffs have raised fears of a recession that will slow demand at the same time that OPEC+ is quickly increasing supply.
Oilfield service firms such as Baker Hughes and SLB are expecting investment in exploration and production to decline this year due to the weak price environment.
“The prospects of an oversupplied oil market, rising tariffs, uncertainty in Mexico and activity weakness in Saudi Arabia are collectively constraining international upstream spending levels,” Baker Hughes CEO Lorenzo Simonelli said on the company’s first-quarter earnings call on April 25.
Oil majors Chevron and Exxon reported first-quarter earnings last week that fell compared to the same period in 2024 due to lower oil prices.
Goldman is forecasting that U.S. crude and Brent prices will average $59 and $63 per barrel, respectively, this year.
In a bid to keep up with the rapid growth of EVs, Chicago Department of Transportation (CDOT is currently seeking public feedback on a plan called “Chicago Moves Electric Framework.” The city’s first such plan, it outlines initiatives that include a curbside charging pilot through the city’s utility, ComEd, and expanded charging access in key areas throughout the city.
Unlike other such plans, however, the new plan aims to focus on bringing electric vehicle charging to EIEC and low income communities, too.
“Through this framework, we are setting clear goals and identifying solutions that reflect the voices of our residents, communities, and regional partners,” said CDOT Commissioner Tom Carney. “By prioritizing equity and public input, we’re creating a roadmap for electric transportation that serves every neighborhood and helps drive down emissions across Chicago.”
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Neighborhoods on the south and west sides of Chicago experience a disproportionate amount of air pollution and diesel emissions, largely due to vehicle emissions according to CDOT. Despite that, most of Chicago’s public charging stations are clustered in higher-income areas while just 7.8% are in environmental justice neighborhoods that face higher environmental burdens.
“Too often, communities facing the greatest economic and transportation barriers also experience the most air pollution,” explains Chicago Mayor Brandon Johnson. “By prioritizing investments in historically underserved areas and making clean transportation options more affordable and accessible, we can improve both mobility and public health.”
The Framework identifies other near-term policy objectives, as well – such as streamlining the EV charger installation process for businesses and residents and implementing “Low-Emission Zones” in areas disproportionately impacted by air pollution by limiting, or even restricting, access to conventional medium- and heavy-duty vehicles during peak hours.
The Chicago Moves Electric Framework includes the installation of Level 2 and DC fast charging stations in public locations such as libraries and Chicago’s Midway Airport, “supporting not only personal EVs but also electric taxis, ride-hail and commercial fleets.”
Chicago has a goal of installing 2,500 public passenger EV charging stations and electrifying the city’s entire municipal vehicle fleet by 2035.
Electrek’s Take
ComEd press conference at Chicago Drives Electric, 2024; by the author.
Bodo G-Wagon electric golf cart; via Mecum Auctions.
With a fully-enclosed, G-Wagen-inspired body and an 80 mile electric range, the Bodo G-Wagon golf cart is the NEV you need when you decide it’s time to get serous one-upping the rest of the Palm Beach country clubbers.
The shiny black 2024 Bodo G-Wagon sold at Mecum Auctions last month for $31,900, which seems like it might not be a lot of money to the sort of person who decides to take a flyer on a goofy, limited-use EV that ships with real, metal doors, power windows, heating and air conditioning, fully digital instrument cluster and infotainment, and a “posh,” caramel leather interior.
It even has windshield wipers, power steering, and a rear-seat entertainment system that’s built into the front headrests!
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It’s really nice in there
Under the hood, the Bodo packs a 15 kW (20 hp) electric motor drawing power from a 10 kWh li-ion battery that won’t deliver a scorching 0-60 mph time (it only goes 35), but will deliver you and your buddies from one end of any golf course in North America and back several times over, thanks to the G-Wagon’s 80 mile range.
The official Mecum Auctions listing goes into a bit more detail, and I’ve included it here, in case it gets deleted after a while and you’re just finding this for the first time in 2027:
Be the envy of any country club or golf community showing up with this 2024 Bodo G-Wagon Golf Cart. Perhaps more appropriately known as an E-Wagon, this baby G-Wagon is powered by a 15kW motor with a 10kWh lithium battery. Boasting an 80-mile range and a 35 MPH top speed, the Bodo is an enclosed, luxury golf cart that pampers occupants with heating and air conditioning, rear-seat entertainment, power windows, power locks and a posh, caramel-colored interior. With the Bodo fitted with power steering and 4-wheel power disc brakes with brake boost, drivers will think they’re in a full-size G-Wagon, thanks to the multiscreen entertainment cluster, the rearview camera, windshield wipers, turn signals, running lights and so much more.
Finished in black with the right amount of brightwork, the overall vibe is one of jaw-dropping, smile-inducing fun. While the Bodo would be an excellent choice for any golf community, it should also prove to be hugely popular around a race track or car condo community as well, or maybe even a neighborhood with its own airplane runways. Over the past decade in particular, the demand for unique, luxury golf carts has been on the rise, and understandably so. The number of luxury communities with specific interests in sports, aero and auto has also been on the rise, with people buying homes in these exclusive locations to better engage with like-minded people. All too often a golf cart is the perfect way to get around these gated neighborhoods, and this one is enclosed, comes with the amenities of a full-size car and is infinitely more stylish.
You can check out a few more photos of the 2024 Bodo G-Wagon golf cart that sold at Mecum, below – and if you want one for yourself, you’re in luck! I found this brand-new 2025 “G600 E-Wagon” (in white) for $23,900 at Gulf Carts in Santa Rosa Beach, Florida. Head on down to the comments and let us know if you buy it.
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