Polestar 2 EV Price Reduction Makes It Eligible for More State Rebates

  • Polestar has announced that its upcoming EV, the Polestar 2, will have a starting price of $59,900, which allows for attractive state incentives.
  • The company will start deliveries of this performance EV by Summer 2020.
  • Polestar is expected to open multiple stores across North America, including in New York and the West Coast by this summer.

Polestar USA has announced the American pricing for the Polestar 2 EV, which is expected to reach customers in a few months from now. Surprisingly, the company has quoted a lower price than initially expected. The entry level model of the Polestar 2 has an MSRP of 59,900, although destination charges could take that beyond $60,000.

What this also means is that California residents can get the $2,000 rebate which is applicable to cars below $60,000. This will be in addition to the $7,500 in federal tax rebates that the EV is eligible for. The company mentioned that the car will be sold in all 50 states of the U.S.

Polestar 2

American customers who have reserved their model should start seeing deliveries by summer this year. Additionally, the company wants to expand its reach across North America with plans to open 15 stores across the continent. This will include shops in New York as well as the West Coast which will reportedly be operational by summer 2020.

Head of Polestar USA, Gregor Hembrough said,

“We are quite enthusiastic to announce the US pricing for the Polestar 2. The MSRP is lower than we originally targeted, and will be extended to all of our current reservation holders. With an online purchase option, lower pricing, considerable tax incentives, and production already underway, the Polestar 2 is well-positioned for a successful entry into the US market.”

The Polestar 2 has an all-wheel-drive config, while it can reportedly offer a range of 275 miles using the 78-kWh battery pack. Users can also charge the vehicle over a DC connection at 150 kilowatts. The car can generate 408 horsepower and 487 pound-feet torque, giving it decent credentials in the performance market.

The company has also announced the pricing of add-ons or accessories. The company’s Performance Pack will set you back by an additional $5,000, while the Nappa Leather Interior will cost $4,000. Users can also opt for Metallic Colors or 20-inch Alloy Wheels for an additional $1,200 each. This will also be the first car to come with Google’s Android Automotive system.

Any takers?

Via: Car and Driver