The Polestar 2 has been priced for various markets across Europe and North America, kicking off between the $90,000 and $95,000 bracket depending on market.
Scheduled to commence production in "early 2020" ahead of first deliveries in June next year, the Polestar 2 will be priced from £49,900 ($90,914) in the UK, and €58,800 ($95,632) in Germany.
Guide pricing for North America is currently estimated at US$63,000 ($93,348), though the final figure is still to be confirmed.
European launch pricing is 'on-the-road', also including "routine servicing and maintenance for the first three years" and the European value-added tax (VAT).
The Polestar 2 is priced around £10,000 dearer than the entry-level Tesla Model 3 in the UK, which starts at £38,900 ($70,874) after the British Government's £3500 ($4554) plug-in car grant is applied.
In rear-wheel drive Standard Range Plus guise, the Model 3 offers 460km of range, and a 0-100 time of 5.6 seconds.
By comparison, the Polestar 2 comes standard with a 300kW/660Nm dual-motor electric system with all-wheel drive, good for a sub-5.0-second dash to 100km/h and a range of 'around 500km' from its 78kWh battery pack.
For the UK, two additional specification packages will be offered for the Polestar 2 at launch (pricing TBA) – Pilot Package and Plus Package.
The former comes fitted with a semi-autonomous 'Pilot Assist' adaptive cruise control system, blind-spot monitoring with rear cross-traffic alert, AEB in forward and reverse, 360-degree cameras, driver fatigue monitoring, and HomeLink – "which can be used to activate things in the home, such as lighting, opening of a garage door, and so on".
Opting for the Plus Package brings a fixed panoramic roof, 'Pixel' LED headlights, LED fog-lights with cornering function, heated wiper blades, heated front and rear seats, a heated steering wheel, powered front seat backrests, mechanical lower seat cushion extensions, Harman Kardon premium audio, wireless smartphone charging, and an additional USB outlet in the rear.
In all launch markets except North America, all Polestar cars will be purchased online directly from the Swedish electrification specialist, with 'Polestar Spaces' to be opening in future to "assist customers with product information and test drives".
Further details for Europe and North America will be announced over the coming months.
We've contacted Volvo's local division regarding Australian availability of the Polestar 2, and are awaiting a response.
In February when the car was revealed, the company said it would produce the 2 in both left- and right-hand drive, but only confirmed Belgium, Canada, China, Germany, the Netherlands, Norway, Sweden, the UK, and the US as launch markets.
"Other markets are under consideration for future expansion," the company said in February. Stay tuned for all the latest.