May 9, 2021

Gp Delivers

The excellent automotive artisans

Polestar 2, Best Electric Car of 2020, Is Getting a Cheaper Version

The Polestar 2 won Insider’s 2020 Car of the Year awards, but with a starting price of $59,900, it doesn’t come cheap.

The electric luxury sedan is set to get a bit more affordable, though, Polestar announced Tuesday, but details on the new pricing were scant. 

Polestar, a new electrified brand from Volvo and its Chinese parent company, Geely, is introducing a new version of the EV for buyers who want a cheaper base price and extra driving range. It’s also overhauling its pricing with the addition of three options packages. 

The brand says the new single-motor Polestar 2 will have an EPA-estimated range of roughly 260 miles, up from the 233-mile driving range currently available in the “launch-edition” model. The base model gets one 231-horsepower motor instead of the pair of 204-horsepower units in the launch edition, but it retains the same 78-kWh battery pack. 

2021 Polestar 2_OEM_7

2021 Polestar 2.

Polestar


A driving range of 260 miles puts the long-range Polestar 2 in the same league as most non-Tesla EVs on the market today. But when it comes to range, Tesla still beats out most of its rivals by a long shot. The Model 3 delivers up to 353 miles on a charge, while the Model S “Long Range” gets 412. 

Read more: You should appreciate Tesla even if you can’t stand Elon Musk — because it’s done something nobody thought was possible

Polestar will also release a new “simplified” dual-motor model to slot below the “Launch Edition.” It will offer a 240-mile range and a few different options packages. 

2021 Polestar 2_KL_18

2021 Polestar 2.

Kristen Lee/Business Insider


The “Plus Pack” adds features like a panoramic glass roof, an upgraded Harman Kardon audio system, and a new heat pump that better cools the battery and improves range by up to 10%, according to Polestar. A “Pilot Pack” driver assistance suite and a “Performance Pack” are also available, but the latter is only for dual-motor Polestar 2 models. 

Polestar plans to announce North American pricing for the new models “in the coming weeks” and says the single-motor model will go on sale in the US in late 2021. The brand is offering buyers $2,000 off of their Polestar 2 purchase if they trade in a combustion-engine vehicle. 

In Europe, the new base model will start at roughly €40,000 or around $48,000, which may indicate its approximate starting price in the US.

Polestar also sells the Polestar 1, a flagship hybrid model that costs $155,000. That vehicle tied with the Polestar 2 to win top honors in Insider’s 2020 Car of the Year awards.