How expensive is a Polestar car?
Pricing starts at $66,200. Having launched for 2021, the Polestar 2 was and still is something of an outlier in the electric vehicle (EV) world. As a fully electric brand, Polestar is suffering from the slow uptake of EVs in the US, which has cut tax credits for battery powered vehicles. The US now represents just 8% of its sales, down from 16% a year ago.It is expected to last between 300,000 and 400,000 miles before the cost of repairs becomes too high. Assuming a driver covers 15,000 miles per year, the Polestar 2 can serve them well for over 15 years.As of July 2025, the Polestar 4 holds a New Car Expert Rating of A with a score of 75%. It scores top marks for its zero tailpipe emissions and excellent safety rating, while its media review scores are also good. However, its running costs are only average.The Polestar 2 model itself came 17th out of 75 but 69% of first-year owners reported faults, resulting in a poor 71st-place in reliability rankings.
Are Polestar cars any good?
Yes, it’s a very good car. It’s a bit uncomfortable over bumps, and the Tesla Model 3 is cheaper, but the Polestar 2 is quick, stylish, and goes a long way on a full charge. Range and performance If you’re only concerned about range, the Tesla takes the top spot. Equip your Model 3 with the Long Range battery and single rear motor, and the claimed figure stands at 436 miles to a charge, against 408 miles for the longest-range Polestar.While Tesla engineers claim a higher maximum range, the Polestar 3 boasts more horsepower and can reach a 4. Performance Pack trim.
Is Polestar a luxury car brand?
Today, Polestar makes both high-performance luxury Volvo vehicles and their own all-electric cars. Volvo’s withdrawal from Polestar marks the latest retrenchment by automakers from their EV ambitions, amid slowing demand for EVs in the U. S. Chinese EV makers. Ford Motor (F) said last month it is scaling back production of its electric F-150 Lightning truck as EV demand slows.Issues delayed the release of new cars last year and just 16pc of its vehicles were electric last year. Volvo remains a way off its 50pc target for 2025 and meeting that goal will require more investment, meaning the company is no longer willing to fund Polestar.Nowadays, Polestar is no longer fully owned by Volvo and became an independent electric vehicle Volvo spin-off brand in 2017. At the same time, it got a new majority stakeholder in the form of Geely, a Chinese automotive conglomerate that also owns Volvo, Lotus, and other brands.
Is Polestar better than BMW?
While it comes in third place here, the Polestar 2 is still a very likeable EV. It doesn’t quite offer the exhilarating driving experience of the BMW, nor can it compete with the Tesla’s efficiency or charging network, and the single-motor versions aren’t as quick as either. Your first Polestar service (at 2 years/20,000 miles) is free. After that, scheduled service costs around $260 every 2 years/20,000 miles. This includes wiper blades, cabin air filter, inspection and pickup/delivery of a loaner vehicle. That works out to roughly $130 per year for routine maintenance.Monthly lease payment of $599 per month for 36 months is based on new 2026 Polestar 4 Long range Single motor with Plus pack with an adjusted capitalized cost of $51,795 (MSRP of $63,300 including destination and delivery fee of $1,400, plus acquisition fee of $995, less $5,000 capitalized cost reduction, and $7,500 .The cheapest Polestar is the Polestar 2 with an MSRP of $47,200 including a destination charge of $1,300. This gets you the new 270-mile Long Range Single Motor version in a front-wheel-drive configuration. The lower-cost electric car is $4,000 cheaper to buy than the previous all-wheel-drive Dual Motor EV.
Is Polestar owned by Toyota?
In July 2015, the Polestar brand was acquired by Volvo Cars, which repositioned the brand as an electric vehicle manufacturer since 2017. Luxury EV brand Polestar has finally revealed its Polestar 5, five full years after the Precept concept car (on which it is based) was made its debut.Polestar Automotive Holding UK PLC, or simply Polestar, is a Swedish automotive manufacturer that produces electric cars. Principally owned by Li Shufu’s PSD Investment, Geely Holding and Volvo Cars, the company is headquartered in Torslanda, outside Gothenburg, Sweden.
Is Polestar as good as Tesla?
While Tesla motors tend to have the edge in range, both models are excellent for commuting and vacations alike. Despite being a relatively new company, Polestar models are engineered to have excellent lifespans similar to Tesla models. Polestar tends to be the better fit if you want an EV-forward brand with a sportier edge, sharper styling, and a more minimal, tech-centric experience—especially if you’re drawn to a performance-luxury feel and want something a little more unconventional.
Is Tesla or Polestar cheaper?
Tesla continues to lead in value-for-money on paper, with lower starting prices and longer-standing market presence. However, Polestar offers a fresh new design appeal for those looking to stand out in the premium EV space. Polestar’s shares, hit by U. S. Nasdaq to warn it could be delisted from the exchange for failing to meet listing requirements.The price of the 2025 Polestar Polestar 3 starts at $68,900 and goes up to $86,300 depending on the trim and options.As of this writing, Polestar has a market cap barely above the money it raised through its SPAC, and recently had to perform a reverse stock split to raise its share price above the Nasdaq minimum threshold. These are all developments that are leading investors to get more and more bearish on Polestar stock.