The Polestar 3 isn’t out yet, and it’s already getting a big price cut

Polestar released new pricing details for its upcoming midsize electric three-row SUV: the Polestar 3. And most notably — and perhaps a reflection of the slowdown in EV sales growth over the past few months — the Polestar 3 will start at a price that’s significantly less than the company originally predicted.

Polestar, which was backed by Volvo but is now overseen by Volvo’s Chinese parent company, Geely, first announced the 3 back in October 2022. At the time, the company said the high-tech SUV would start at $83,900, placing it squarely in the luxury segment of vehicles.

But now, Polestar says the price for a Polestar 3 Long Range with all-wheel drive will start at $73,400. With the $1,400 destination charge, that increases to…

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