Affected by the increase in raw material prices, the price of Polestar 2 has increased by 30,800 yuan at most.

Polestar China announced that due to the continuous rise of upstream raw material prices, the selling price of Polestar 2 will be adjusted with a price range of RMB 299,800 to RMB 358,800, and an increase in the range of RMB 20,800 to RMB 30,800.

Meanwhile, in order to provide users with a more comprehensive and worry-free customer service journey, the official launched lifetime quality assurance service for first-time owners who purchase Polestar 2 through the Polestar APP from October 2, 2022 to December 31, 2022 (inclusive).

In addition, Polestar has launched a lifetime quality assurance service for first-time owners of Polestar 2: during the lifetime quality assurance period for non-three-electricity quality issues, Polestar will provide free maintenance, repair, and replacement of parts service; for three-electricity, if any malfunction or battery capacity deterioration reaches a certain degree, Polestar will provide free maintenance and repair to ensure that the battery life is maintained at over 70%.

Polestar 2, positioned as a compact car, has three models. The prices of different configurations after the increase are as follows:

  • RMB 299,800 for the single-motor standard range, equipped with a 64 kWh battery pack, NEDC range of 485 km, and acceleration of 7.4 seconds per 100 km.
  • RMB 329,800 for the single-motor long range, equipped with a 78 kWh battery pack, NEDC range of 565 km, and acceleration of 7.4 seconds per 100 km.
  • RMB 358,800 for the single-motor standard range, equipped with a 78 kWh battery pack, NEDC range of 512 km, and acceleration of 4.7 seconds per 100 km.

The impact of battery raw materials has a long tail effect. Many car companies have announced price increases from the second half of 2021 to the second half of this year. The price increase may further affect the sales of Polestar 2, which has average sales performance.

This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.