Earlier this week, Polestar CEO Thomas Ingenlath said the Polestar 3 would start at €75,000 and go for around €110,000, according to an Automotive News Europe report. Polestar’s first electric SUV leaked three months before its launch
At the current exchange rate between the Euro and the Dollar, the electric SUV could cost between $75,700 and $111,000 when it arrives in the US. That price puts it in direct competition with the Porsche Cayenne which starts at $73,650 USD with the Cayenne GTS for $114,550.
That price range also places the Polestar 3 in nearly the same category as the Tesla Model Y and Rivian R1S, which before incentives cost $69,990 and $72,500 in Performance and Explore trims, respectively.
At this point we can see how Polestar is positioning its electric SUV. Although these prices can change considering changes in the exchange rate of the dollar against the euro.
In early June, the manufacturer released the official images and videos of the Polestar 3 without giving details regarding the specifications and features. The detail that Polestar shared is the range of its electric SUV which can reach 372 miles on a single full charge.