Polestar, the electric car brand owned by Volvo and Geely, has launched its latest model, the Polestar 4, in Europe and Australia. The Polestar 4 is a compact SUV that competes with the likes of the Tesla Model Y, the Audi Q4 e-tron, and the Hyundai Ioniq 5.
What makes the Polestar 4 stand out?
The Polestar 4 is the first electric SUV coupe from Polestar, which was established in 2017 as a separate brand from Volvo. The Polestar 4 follows the Polestar 1, a plug-in hybrid coupe, and the Polestar 2, a fully electric sedan.
The Polestar 4 is based on the Volvo XC40 Recharge, which shares the same platform and battery pack. However, the Polestar 4 has a more distinctive design, with a sleeker profile, a lower roofline, and a unique grille and headlights. The Polestar 4 also has a larger touchscreen, a vegan interior, and a Google-powered infotainment system.
The Polestar 4 offers two variants: a single-motor version with 231 horsepower and a dual-motor version with 402 horsepower. Both versions have a 78 kWh battery that provides an estimated range of 260 miles on the WLTP cycle. The Polestar 4 can accelerate from 0 to 60 mph in 4.7 seconds for the dual-motor version and 7.4 seconds for the single-motor version. The Polestar 4 can also support fast charging up to 150 kW, which can replenish 80% of the battery in 40 minutes.
How much does the Polestar 4 cost?
The Polestar 4 is priced at $59,900 for the single-motor version and $69,900 for the dual-motor version in Europe. In Australia, the prices are $64,900 and $74,900, respectively. The Polestar 4 is available for online ordering and delivery, as well as through selected Polestar Spaces, which are physical showrooms where customers can experience the cars in person.
The Polestar 4 is also eligible for various incentives and subsidies in different markets. For example, in Germany, the Polestar 4 can receive a $10,800 grant from the government, reducing the effective price to $49,100 for the single-motor version and $59,100 for the dual-motor version. In France, the Polestar 4 can benefit from an $8,100 bonus, bringing the price down to $51,800 and $61,800, respectively. In the UK, the Polestar 4 can qualify for a $4,500 discount, making the price $55,400 and $65,400, respectively.