Polestar adds rear-wheel drive to Polestar 3 line-up

• Polestar 3 Long range Single motor starts at €79.890* including handover fee 
• Up to 650 km (WLTP**) range with same luxury features, technology and design as rest of Polestar 3 line-up  

• Available to order in Europe*** from today, with North America and Australia to follow later in 2024 

Thomas Ingenlath, CEO of Polestar says “With the Long range Single motor Polestar 3 we offer consumers a new entry-point for our flagship electric SUV. The rear-wheel drive configuration fits with our performance focused driving dynamics that make the car stand out in the luxury SUV sector”. 

This entry-level Polestar 3 Single Motor, which will be built in China and the USA, uses the same 111 kWh battery pack as the Dual Motor version, offering the same 250 kW peak charging capability for a 30 minute 10-80% charge on DC. Those looking for the most efficient Polestar 3 yet will find the new Long range Single motor offers up to 650 km (WLTP^**) between charges. 

As a performance brand the Long range Single motor retains all the hallmarks that makes the Long range Dual motor versions such an engaging drive. Ride comfort and control is taken care of by a sophisticated passive damper system that uses Hydraulic Rebound Stops (HRS) and Frequency Selective Damping (FSD). The result is the Long range Single motor Polestar 3 emulates the dynamic character found in the Long range Dual motor models.

The motor drives the rear axle of the Long range Single motor Polestar 3 only, and produces 220 kW and 490 Nm of torque. The result is this new Long range Single motor Polestar 3 can accelerate from 0-100 km/h in 7.8 seconds. Stopping power is equally important, and so the Polestar 3 Long range Single motor uses the same Brembo braking system as the rest of the Polestar 3 range. 

As part of the MY25 line-up, the Long range Single motor Polestar 3 benefits from greater customisation thanks to the single option and pack structure, meaning customers can personalise their Polestar 3. Buyers can choose from six exterior colours, five interior rooms and four wheel options including the new 21-inch alloy wheel available as part of the new Pro Pack. 

Like the rest of the MY25 range, Pilot Pack with LiDAR from Luminar becomes available to order on the Polestar 3 Long range Single motor, offering customers even greater levels of safety and convenience should they choose it. 

Polestar 3 Long range Single motor is available to order at https://www.polestar.com/polestar-3/configurator/

*    Indicative pricing in Germany, including handover fee and VAT. From £69,900 on the road in the UK.

**   Preliminary data subject to final certification

*** Excluding Ireland, Iceland and Luxembourg. Launch in North America, Australia and other markets in Asia Pacific and Middle East is planned through the course of H2 2024. Pricing for all remaining markets will be confirmed when sales start.

About Polestar

Polestar (Nasdaq: PSNY) is the Swedish electric performance car brand determined to improve society by using design and technology to accelerate the shift to sustainable mobility. Headquartered in Gothenburg, Sweden, its cars are available online in 27 markets globally across North America, Europe and Asia Pacific.

Polestar plans to have a line-up of five performance EVs by 2026. Polestar 2, the electric performance fastback, launched in 2019. Polestar 3, the SUV for the electric age, launched in late 2022. Polestar 4, the SUV coupé transformed, is launching in phases through 2023 and into 2024. Polestar 5, an electric four-door GT and Polestar 6, an electric roadster, are coming soon. 

The Polestar 0 project supports the company’s ambitious goal of creating a truly climate-neutral production car by 2030. The research initiative also aims to create a sense of urgency to act on the climate crisis, by challenging employees, suppliers and the wider automotive industry, to drive towards zero.

Forward Looking Statements

This press release contains statements that are not historical facts, but rather forward-looking statements within the meaning of Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Polestar or its management believes or anticipates may occur in the future. All forward-looking statements are based upon, as applicable, our current expectations, various assumptions and data available from third parties. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements, including those risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in Polestar’s Form 20-F, and other documents filed, or to be filed, with the U.S. Securities and Exchange Commission by Polestar. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update publicly or revise any such statements in light of new information or future events, except as required by law.