TECH - Polestar Undercuts Tesla's Model X Rivian's R1S With Lower Starting Price For Latest SUV: Here's How Much It Costs | Benzinga
Swedish electric car brand Polestar Automotive Holding UK PLC (NASDAQ:PSNY) on Wednesday lowered the starting price for its Polestar 3 SUV in the U.S. by about 13% in a bid to drive demand.
What Happened: According to the company website, the vehicle now has a starting price of $73,400 for its long-range dual motor version, marking a 12.5% drop from the original starting price of $83,900. The Long-range dual motor version with a performance pack now starts at $79,400.
The Polestar 3 is now at the lower end of the premium SUV market. While Rivian Automotive’s R1S SUV starts at $74,900 in ...