The Polestar 4 gets an official price ahead of its debut

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Polestar is reducing the starting price for the single-motor, rear-wheel drive version of the Polestar 4, its upcoming electric crossover coupe.

The Polestar 4 is going on sale next month, and when it does, the price will be slightly different than the electric crossover coupe was originally announced. Last year, Polestar said the 4 would start at around $60,000. Today, the Swedish automaker is adjusting that starting price down to $56,300 destination charge) for the long-range single-motor rear-wheel drive version. Meanwhile, a dual-motor Polestar 4 with standard Pilot pack will start at $63,400 .

Polestar was backed by Volvo for several years but is now overseen by Volvo’s Chinese parent company, Geely. The company just received $950 million in external financing, which will be enough for the “next stage of its development and covers a large majority of its estimated financing needs,” it said. The Polestar 4 is a coupe-style SUV with a targeted range over 300 miles and a substantial 102kWh battery.

 

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