“Manufacturing Polestar 3 in the USA is a crucial step for us,” Ingenlath said at the event. “Now we offer customers in America an electric SUV that is built in America.”
The Polestar 3 is the brand’s first EV built on two continents. After production kicked off in China in April, Polestar’s electric SUV is now being made in the US. Polestar plans to export Polestar 3 models to Europe, which will “strengthen our business on a broader scope,” according to Ingenlath.
Polestar calls its new model “The performance SUV for the electric age.” The electric SUV fuses its signature Scandinavian design with advanced software and powertrain tech.
Starting at $73,400 in the US, the Polestar 3 gets up to 315 miles EPA-est range. It can also fast charge (10% to 80%) in 30 mins to get you back on the road quickly.
I would argue that western companies are not refusing to make cheap EVs, it’s that they can’t. China can because the government wanted to capture the battery and EV space and has aggressively subsidized everything from the mines to the car lot. Also, China’s labor rights and pay are not like those in the US and Europe.
Companies in China can make cheap cars and with a profit because China’s materials, R&D, and labor costs are much much lower.
IMHO, the US needs to do what it did for internet and semiconductor tech. Have the government fund the shit out of it, so local companies in the emerging market can have a cheap barrier to entry.
Problem is, the GOP really doesn’t want to bankroll green tech. They’re in deep with the oil lobbyists. And they also never want to fund R&D unless the science is needed for weapons of war.
American taxpayers pay for EV subsidies too tho…
It’s just if an American car has a 10k subsidy, the company charges 10k more than they would have.
American prices aren’t based on what something cost to make plus a profit margin, they’re priced as high as people are willing to pay.
Oil production and new fossil fuels drilling leases on public lands increased under Biden tho… No matter how much the media wants to call him an environmentalist, the fact is that doesn’t line up with reality
This is one of those areas where “both sides” is accurate except for the progressives. While Kamala talked a strong climate game in the 2020 primaries, we’ll have to see what happens after she wins.
Subsidies vary in different nations. China subsidizes things pretty aggressively, and unlike the US, they focus a lot on lowering material and manufacturing costs. The US has focused on modest tax breaks for buyers of already manufactured products.
As for sticker price, sub $40k EVs has been a challenging space for Japan, Korea, Germany, France, the Netherlands, etc. There are a good amount of nations with EV manufacturers now, and I think it’s a stretch to assume that they’ve all aligned on keeping prices high for vehicles with long range.
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https://www.businessinsider.com/nissan-sakura-tiny-car-is-japans-best-selling-ev-2023-10?op=1
I’m starting to think you’re just forming opinions as we go…
Their highest selling EV is a third of the price point you say they can’t beat?
How do you explain that?
That’s a Kei car, which is why the price is what it is. The battery is something like 20kwh. That’s the size of a battery that you might expect to see in a hybrid sedan.
Kei cars are dope, but very light weight and are not designed for accidents on large / fast roadways.
I’d love for Kei cars to be available for inner city / rural travel in the US.