Polestar, which began as a performance sub-brand of Volvo, has developed as one of the market’s more intriguing EV firms in recent years. The firm, which is held equally by Volvo and Volvo’s parent company, Geely, recently revealed ambitions to go public through a merger with a special acquisition company, or SPAC.
Starting this week, Polestar is introducing its most affordable model yet, to the US market. The long-range, single-motor Polestar 2 may not be as powerful as its dual-motor predecessor, but it will undoubtedly get you where you need to go without burning a dual-motor sized hole in your pocket.
The single-motor Polestar 2 will run you about $45,900, while the dual-motor Polestar 2 hits for about $51,200. Polestar claims that with qualifying federal and state subsidies, the price can be reduced to $33,400. (The federal EV tax credit is $7,500, but some states, like as New Jersey, provide up to $5,000 in additional credits.)
The single-motor Polestar 2 appears to be identical to the dual-motor variant. It retains the same crisp appearance and the native Android Automotive operating system that Polestar enthusiasts have come to love about the dual-motor variant.
At the price point of $45,900, it is comparable to the Tesla Model 3 which I think is a far less roomier than the Polestar. I also you get more car for your cash with the Polestar than with a Model 3. However, Polestar doesn’t have as much name recognition and confidence form consumers as they do towards the Tesla Model 3.
So if have been on the fence about buying a Polestar, or you are thinking of buying a Tesla Model 3, give the Polestar single-motor a look. You just might like what you see and your bank account will thank you for it.
🔌 Shameless Plug
VOLTY is the “Netflix for electric vehicles”. With over 1000 hours of free original content, VOLTY is your portal to explore and learn everything about EVs. www.volty.tv