Polestar announces US prices for the updated Polestar 2
Polestar has announced a starting MSRP of $49,900 for the new updated 2024 Polestar 2 in the USA, which will begin customer deliveries in August 2023.
The more powerful Long range, Dual motor variant starts at $55,300 and features an improved power performance at 310 kW, compared to the single-motor’s 220 kW. The price for this is not only monetary, however, as the range goes down from 320 miles on the single-motor to 276 miles for the dual-motor variant. Despite the lower battery capacity on the long-range variant, it also has a lower charging speed of 155 kW on a DC charger, compared to the single-motor’s 205 kW. It does feature a whole range of assistance and safety programmes and can accelerate to 60 mph in only 4.3 seconds, compared to the single motors 5.9 seconds.
Both the single-motor and dual-motor variants feature more range than the previous version, due to new a new drive system, enhanced performance and increased standard equipment. A limited edition variant was also recently announced, which can run up to 350 kW of power and 68o Nm torque, however, only 230 units will be built.
In addition, the Polestar 2 is eligible for the IRA Clean Vehicle credit of $7,500 on lease transactions. To qualify for this, automobile manufacturers have to locally manufacture or at least assemble their vehicles in the USA. There is a $3,750 tax credit if at least 40 per cent of the battery-critical minerals come from the United States or countries with a free trade agreement such as Canada and Mexico. The other $3,750 is available if at least 50 per cent of the vehicle’s battery components fulfil the same condition. Over the years, both percentages are to rise. The result has seen multiple manufacturers rush to set up a vehicle supply chain in the USA, such as Hyundai and Stellantis. Polestar was ahead of the pack with access to Volvo’s production facility in Ridgeville, South Carolina.
Polestar is not only focusing on their older models, as the company revealed plans for the Polestar 4 in April, while the Polestar 3 just launched in China in March.
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