China raises Polestar 2 price $4,300

China raises Polestar 2 price $4,300

China raises Polestar 2 price $4,300

Due to rising raw material costs, Polestar is raising the price of its only model in China. The company will review the price increase before the end of the year.

The two cheapest Polestar 2 models saw a $4,300 price increase (at current exchange rates). The most expensive car now costs $2,900 more.

The single-motor entry model was RMB 299,000 and qualified for EV subsidies. Due to the price increase to RMB 329,800, buyers can no longer apply for incentives, as China's price threshold is RMB 300,000.

Dual-motor long-range Polestar 2 will cost RMB 358,800, or $50,420 at current exchange rates. This model has 300 kW of power and 660 Nm of torque, 0 to 100 km/h in 4.7 seconds, and 565 km NEDC range. WLTP is 480 km.

The Polestar 3 SUV will be unveiled on October 12 and produced in China and the US next year. Here's more: Polestar's O2 prototype received such a positive response that the company decided to produce it in limited numbers. 500 Polestar 6s were sold on the spot, with 10 going to China.

2023 BMW XM SUV 735 HP

2023 BMW M Hybrid V8 Revealed

BMW 3.0 CSL Debuts

2023 BMW M3 Touring

MORE STORIES

2023 Lamborghini Urus S Debuts

Citroen Oli EV Concept 

Volkswagen Plans Porsche Stock Offering

2023 Dodge Charger King Daytona

MORE STORIES

2024 Ford Mustang

2024 Ford E-Transit

Hyundai Ioniq 6

Skoda Vision 7S

MORE STORIES