The Polestar 4 went on sale in China on the first day of the Shanghai auto show with a starting price range of RMB 349,800 to 533,800, significantly higher than the Model Y.

(Image credit: Polestar)

Polestar 4, the new model from Polestar, the premium electric vehicle maker owned by and Volvo Cars, went on sale in China with a starting price range that is higher than Tesla's Model Y.

Polestar launched the Polestar 4 yesterday on the first day of the Shanghai auto show, with a starting price range of RMB 349,800 ($50,870) to 533,800.

The car is available in six versions, including three single-motor versions with starting prices of RMB 349,800, 387,800 and 417,800 respectively, and three dual-motor versions with starting prices of RMB 453,800, 483,800 and 533,800 respectively.

This price range is significantly higher than that of the Model Y, currently the best-selling electric SUV in China, which is offered in three versions at RMB 261,900, 311,900, and 361,900.

The Polestar 4's single-motor rear-drive versions are powered by permanent magnet synchronous motors with a maximum power of 200 kW and a maximum torque of 343 Nm, accelerating from 0 to 100 km/h in 7.4 seconds.

Its dual-motor versions have two permanent magnet synchronous motors both with a maximum power of 200 kW at the front and rear, for a combined total of 400 kW, and accelerate from 0 to 100 km/h in 3.8 seconds.

For comparison, the entry-level rear-wheel-drive Tesla Model Y accelerates from 0-100 km/h in 6.9 seconds, the dual-motor all-wheel drive Model Y Long Range in 5.0 seconds, and the dual-motor all-wheel drive Model Y Performance in 3.7 seconds.

The Polestar 4 is available in two battery packs, with capacities of 88 kWh and 102 kWh, the former being used in the two least expensive versions and the latter in the other four versions.

The Polestar 4 has a CLTC range of 612 km to 709 km.

Polestar was founded in 2017 by Volvo and Geely, and the first product, the Polestar 1, was only available in limited numbers and has been discontinued.

The Polestar 2, which will be officially delivered in 2020, is the brand's first real production model on sale and will only be produced at the plant in Taizhou, Zhejiang province, in eastern China.

Polestar made the Polestar 3 SUV's global debut on October 12, 2022, when it announced its two versions with starting prices in China of RMB 880,000 and RMB 1,030,000, respectively.

On March 17, Polestar officially unveiled the Polestar 3 in China at a price that is nearly RMB 200,000 lower than the model's international debut last year.

($1 = RMB 6.8760)

Polestar 3 officially unveiled in China, price cut by about $29,080 from previous