Polestar’s new luxury electric SUV just got cheaper with up to 350 miles range
Polestar’s (PSNY) new luxury electric SUV just gained a cheaper, longer-range variant. The new 2025 Long Range Polestar 3 RWD trim is now available with up to 350 miles of range, starting under $70,000.
Although the Polestar 3 has been on sale in the US, it’s only been available in Long-range Dual Motor variants.
The new Long range Single motor model starts at $67,500 with up to 350 EPA-estimated miles driving range. That’s a considerable jump from the Long range Dual motor model with up to 315 miles range, starting at $73,400.
Polestar’s new electric SUV is $6,400 cheaper than the previous base AWD trim. The new entry-level model features a single rear motor, good for 295 hp and 361 lb-ft of torque.
In comparison, the base AWD model packs 484 hp and 620 lb-ft of torque. With the loss of a motor, the RWD trim also loses some performance. It can accelerate from 0 to 60 mph in 7.5 secs, compared to the AWD model with a 0 to 60 mph sprint in 4.8 secs.
Polestar’s luxury electric SUV gains cheaper RWD trim
For those looking for more, you can opt for the Polestar 3 with Performance Pack. With up to 517 hp and 671 lb-ft of torque, the electric SUV moves from 0 to 60 mph in 4.5 secs.
Polestar’s new electric SUV features 14.5″ LED infotainment and 9″ driver display screens on the interior. There’s also a rear control screen for climate and seat heating controls.
The new RWD model can fast charge (10% to 80%) in 30 minutes, the same as the other models, with a charging rate of 250 kW.
The new model is now available on Polestar’s website. Estimated delivery times are between February and April 2025.
| 2025 Polestar 3 trim | Estimated EPA range (Combined) | Power | Torque | Price |
| Long Range Single Motor | 350 miles | 295 hp | 361 lb-ft | $67,500 |
| 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 |
Meanwhile, the company delivered its first US-made Polestar 3 models earlier this month. Polestar began building its electric SUV at its South Carolina plant in August. You can test drive the new EV at a nearby Polestar space. You can find Spaces on Polestar’s website.
The new model arrives after Polestar recently announced that drivers can now order NACS plugs to access Tesla’s Supercharger network. Deliveries are scheduled for mid-November.
Ready to try Polestar’s new luxury electric SUV for yourself? You can use our link to view 2025 Polestar 3 models in your area at the lowest prices.
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Environment
U.S. crude oil falls below $60 a barrel to lowest since 2021 on tariff-fueled recession fears
A view shows disused oil pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau Region, Kazakhstan April 2, 2025.
Pavel Mikheyev | Reuters
U.S. oil prices dropped below $60 a barrel on Sunday on fears President Donald Trump’s global tariffs would push the U.S., and maybe the world, into a recession.
Futures tied to U.S. West Texas intermediate crude fell more than 3% to $59.74 on Sunday night. The move comes after back-to-back 6% declines last week. WTI is now at the lowest since April 2021.
Worries are mounting that tariffs could lead to higher prices for businesses, which could lead to a slowdown in economic activity that would ultimately hurt demand for oil.
Oil futures, 5 years
The tariffs, which are set to take effect this week, “would likely push the U.S. and possibly global economy into recession this year,” according to JPMorgan. The firm on Thursday raised its odds of a recession this year to 60% following the tariff rollout, up from 40%.
Fueled by incentives from the Illinois EPA and the state’s largest utility company, new EV registrations nearly quadrupled the 12% first-quarter increase in EV registrations nationally – and there are no signs the state is slowing down.
Despite the dramatic slowdown of Tesla’s US deliveries, sales of electric vehicles overall have perked up in recent months, with Illinois’ EV adoption rate well above the Q1 uptick nationally. Crain’s Chicago Business reports that the number of new EVs registered across the state totaled 9,821 January through March, compared with “just” 6,535 EVs registered in the state during the same period in 2024.
Those numbers represent more than 50% growth in EV registrations – far beyond the expected 12% first-quarter increase nationally being projected by Cox Automotive. (!)
What’s going on in Illinois?
While President Trump and Elmo were running for re-election, they campaigned on the threat promise of canceling the $7,500 federal tax credit for EVs. Along with California Governor Gavin Newsom, Illinois’ Governor JB Pritzker made countermoves – launching a $4,000 rebate for new electric cars and up to $1,500 for the purchase of a new electric motorcycle.
At the same time, the state’s largest utility, ComEd, launched a $90 million EV incentive program featuring a new Point of Purchase initiative to deliver instant discounts to qualifying business and public sector customers who make the switch to electric vehicles. That program has driven a surge in Class 3-6 medium duty commercial EVs, which are eligible fro $20-30,000 in utility rebates on top of federal tax credits and other incentives (Class 1-2 EVs are eligible for up to $7,500).
We covered the launch of those incentives when the program was announced at Chicago Drives Electric last year, but the message here is simple: incentives work.
SOURCES: Chicago Business, Ray Cunningham; featured image by the author.
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The electric construction equipment experts at XCMG just released a new, 25 ton electric crawler excavator ahead of bauma 2025 – and they have their eye on the global urban construction, mine operations, and logistical material handling markets.
Powered by a high-capacity 400 kWh lithium iron phosphate battery capable of delivering up to 8 hours of continuous operation, the XE215EV electric excavator promises uninterrupted operation at a lower cost of ownership and with even less downtime than its diesel counterparts.
XCMG is delivering on part of that reduced downtime promise with the lower maintenance and easier repair needs of electric equipment, and delivering on the rest of it with lickety-quick DC fast charging that can recharge the machine’s massive battery in 1.5-2 hours … but that’s not the slick bit. The XCMG XE125EV can be powered up without leaving the job site thanks to its BYD battery swap technology.
We first covered XCMG and its battery swap technology back in January, and covered similar battery-swap tech being developed by MOOG Construction offshoot ZQUIP, as well – but while XCMG’s battery tech has been in production for several years, it’s still not widely known about in the West (even within the industry).
XCMG showed off its latest electric equipment at the December 2024 bauma China, including an updated version of its of its 85-ton autonomous electric mining truck that features a fully cab-less design – meaning there isn’t even a place for an operator to sit, let alone operate. And that’s too bad, because what operator wouldn’t want to experience an electric truck putting down 1070 hp more than 16,000 lb-ft of torque!?
Easy in, easy out
The best part? All of the company’s heavy equipment assets – from excavators to terminal tractors to dump trucks and wheel loaders – all use the same 400 kWh BYD battery packs, Milwaukee tool style. That means an equipment fleet can utilize x number of vehicles with a fraction of the total battery capacity and material needs of other asset brands. That’s not just a smart use of limited materials, it’s a smarter use of energy.
You can check out all the XE215EV’s specs at this tear sheet, and get an in-person look at the Chinese company’s latest electric excavator this week in Munich, Germany.
SOURCE | IMAGES: XCMG.
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