Polestar News

Swedish electric carmaker Polestar is on the cusp of a major comeback, the brand’s executives say, with the launch of four new vehicles including a new variant of the popular Polestar 4 with wagon styling and a real back window.Polestar had a good 2025 with global sales up by 34 per cent for a total of 60,119 cars sold. But all is not well financially for Polestar, which still remains unprofitable as the cost of expansion, competition from Chinese carmakers and tariffs make bankruptcy a real and present threat.Polestar now appears to be pushing hard to escape that threat and make it to a profitable place with the launch of new cars including a new-gen Polestar 2, a Polestar 7 small SUV  and new lifted wagon variant of the Polestar 4.The Polestar 4 is the brand’s most popular model worldwide, and in a statement released recently the company says it will now be offered in a wagon-style variant. This correlates to the leaked spy shots posted in January on Chinese social media platform Weibo of a Polestar vehicle with lifted wagon styling.While the vehicle wore camouflage to disguise its shape it was clear it had a rear window, unlike the current Polestar 4 which has no rear window and uses only cameras for visibility.Chinese media is calling it the Polestar 4 Estate and given the wagon bodystyle is still a big seller in Europe, then this variant seems very much targeted towards capturing that market. Polestar says to expect this new variant of the Polestar to launch towards the end of 2026.“Polestar 4 coupé is our current best-seller," Polestar said in a staement."Already by the end of this year, we will launch a new variant of Polestar 4, based on the same great technology. With this car, Polestar will once again set new standards. Sweden is famous for its estate cars, and its SUVs are world-class. We are combining the space of an estate and the versatility of an SUV with the dynamic performance that is Polestar."Also coming in 2026 is the brand’s flagship Polestar 5 which launches in Australia this March. The large four-door grand tourer is a high-performance halo car packing 650kW and 1015Nm putting Porsche’s Taycan directly in its sights.“Polestar 5 is our brand halo car, bringing a new level of performance and luxury to the grand-tourer segment. With incredible handling and a lightweight bonded aluminium platform, the four-door GT has already received fantastic reviews, as part of its launch tour across Europe." the company said.Next will be a new-generation Polestar 2 and going by the teaser image released by the brand appears to be lower slung than the current  model which is slightly raised.“Polestar 2 is the foundation of our brand, with over 190,000 cars sold and an enthusiastic community of customers," Polestar said."Bringing the next generation of this iconic car in record speed, by the start of next year, is very exciting. The car that we became known for will play a key role of our future success."Then in 2028 Polestar says it will launch a model vital to its survival - the Polestar 7  small electric SUV that will join the hugely competitive segment for electric vehicles.“With Polestar 7 we are entering the largest EV segment in Europe, the compact SUV segment, which accounts for approximately one-third of total BEV volumes in 2025. We are convinced that we can offer customers a progressive performance-driven car for a very attractive price point, built in Europe," the brand said.

Xiaomi’s updated SU7 electric sedan launches this April in China and while the order numbers are enormous there’s another huge figure grabbing people’s attention - its 900km-plus driving range.The order books for Xiaomi’s new SU7 opened on January 7, 2026 and within two weeks nearly 100,000 pre-orders have been taken. That’s big even for the Chinese market, which sees 34 millions cars sold in a year. But part of the drive in sales is the massive leap in spec for the SU7 particularly when it comes to driving range.Pricing in China for the entry grade SU7 starts at the equivalent of A$46,500, an increase of $2800 over the hugely popular outgoing model.The SU7 now has a range of 902km (CLTC), up from 830km in the previous model. CLTC (China Light Duty Vehicle Test Cycle) criteria isn’t as strict or real-world applicable as the WLTP (Worldwide Harmonised Light Duty Vehicle Test Procedure) rating which is generally about 18 per cent less. Still, even if the SU7’s WLTP range is about 750km that would still see it beat the best electric long-haulers the world currently has to offer including the Polestar 3 Long Range Single Motor with its 706km and Tesla’s Model 3 Long Range AWD with 629km.The longer range of the new SU7 is reportedly not due to a larger battery (a 101.7kWh battery capacity remains in the top grade model), but is down to a new silicon carbide platform in 752V and 897V forms which return improved efficiency.Other upgrades for the new SU7 include more advanced driving assistance systems, laser radar, and 700 TOPS (Trillion Operations Per Second) AI computing power for autonomous driving functions.Xiaomi has yet to launch in Australia with the company likely to enter the European market first in 2027 and then the rest of the world including Australia. Right now, the fledgling tech-brand-turned-automaker's factory capacity is exceeded for over a year with back orders for both the SU7 and its YU7 SUV sibling, both of which have created massive hype in China's domestic market.If and when Xiaomi makes it here, the sporty Chinese marque would join a multitude of new brands in Australia with electric vehicles over the past two years.The SU7 would go up against rivals such as the BYD Seal and MG’s IM5, as well as the ever-popular Tesla Model 3.Xiaomi isn’t the only brand coming up with super long-range EVs with Chery also recently announcing progress on solid state batteries which it claims will offer up to 1500km of driving range on a single charge.

Polestar Australia has spoken out about how it doesn’t currently plan to rejoin Australia’s leading lobby group, the Federal Chamber of Automotive Industries (FCAI), citing “blatant scaremongering” on the effects of CO2 emission regulations.The Swedish electric vehicle (EV) specialist, along with Tesla, left the FCAI in early 2024 after it opposed the New Vehicle Efficiency Standard (NVES), which came into effect from January 1, 2025 and has tightening CO2 targets for each year until 2029.Polestar Australia Managing Director Scott Maynard said the company would not consider rejoining the FCAI until it changes its tune on the NVES.“We’d need to see the FCAI be truly representative of the entire industry, particularly the industry that’s growing so fast and starting to gobble up share,” said Maynard.“While we continue to see the FCAI speak out against programs like the New Vehicle Efficiency and continue to campaign government to alter something that was introduced for all the right reasons and only just catches us up with other markets around the world … we can’t suggest that the FCAI would speak for our brand.“Some of the headlines that have been posted of late about which are blatant scaremongering around extraordinary price rises that could cost Australian drivers billions of dollars, which don’t need to be true.“I can understand why they would feel the need to do that. That’s who pays them, those legacy brands major contributors to the FCAI. So they have to represent them, but they don’t represent us.“So many of these brands have a global catalogue of vehicles that would allow them to do that. It's just that Australia has been a convenient market to sell old technology and provide sufficient volume that they don't feel compelled to either introduce or develop new technology.“And so you could understand why at this point, that makes them quite upset, and they need to, they need to rail against it.“But there's a degree of inevitability that EV uptake will continue to evolve and grow, and that the share of electric vehicles sold in Australia will continue to increase.“And so I'm sure at some point, the FCAI, representing its brands and representing the wider industry, will need to change its position on it. be hard for them to do, but we'll watch.”“As the industry evolves, they'll have to evolve with it, but they seem to be a step behind at the moment, and certainly way behind us.”While the NVES doesn’t restrict the type of vehicles that can be offered in Australia, if the vehicle emits above the CO2 threshold for the specific category, the carmaker can be fined.Conversely, brands that sell vehicles that are under the threshold will be granted credits. These can be sold to other carmakers that aren’t meeting the CO2 targets at a price they determine.Maynard has previously told CarsGuide the company will be opting for the latter as it only sells electric vehicles (EVs) which don’t emit any CO2. However, it won’t be selling its credits to every car brand.As previously reported, the results of the first performance period will be published by the NVES Regulator in February 2026.This report will detail every carmaker’s so-called interim emissions value (IEV), which indicates whether it is either above or below the predetermined CO2 emissions target.

The Australian federal government is looking to potentially scrap or alter its electric vehicle (EV) tax relief but Polestar Australia has said this could prematurely stunt sales growth.Since July 2022, novated lease buyers of an EVs and previously plug-in hybrids (PHEV) under the Luxury Car Tax (LCT) threshold for fuel-efficient vehicles have been exempt from Fringe Benefits Tax (FBT).The policy will cost $1.35 billion this financial year, or 15 times more than originally forecast, according to the Australian Financial Review.As EV sales continue to gain traction in Australia, Polestar Australia Managing Director Scott Maynard said the government shouldn’t change things now.“This is not the time to change the settings that they've got on the FBT relief for electric vehicles,” said Maynard.“So the government's published goal is to see 50 per cent of the market buying electric vehicles by 2035. They're nowhere near that, and they're not tracking towards that.“So I fail to see how the program could be overspent when the results are underdone. The two simply don't line up.“It would suggest that the problem here is that it was under budgeted from the start.“It's great to see the electric vehicle share of the light vehicle market has now risen above 10 per cent for the year and continues to increase.“That's great, but at the first sign of success, I don't think that that would be the time to dismantle or even change the program.”As it currently stands, versions of the Polestar 2 and Polestar 4 are below the LCT threshold and can be exempt from FBT if you get a novated lease.Sales of Polestar cars also went up 38.5 per cent year-on-year during 2025, likely due in part to how the FBT exemption has helped spur growing EV sales.“If the government is seeking to rationalise its expense through FBT subsidies, I feel strongly that it should be looking at the money it's investing in the sale of dual-cab utes before it looks at electric vehicles,” added Maynard.“We all accept that electric vehicles present Australian drivers now with sufficient choice, a lower running cost, and vehicles that are fun to drive and easy to own, and we all accept that there's tangible and measurable health benefits to to the cleaner air that they that they will provide us, and yet we don't think twice about the billions of dollars is that the government is sinking into the sale of dual-cab ute to the point where now, where we're selling one and a half times the utes that we have tradespeople.“We're selling these things with an FBT subsidy of prices in excess of $200,000. That would seem to me to be a much easier win than going after a corner of the market that's doing good things and not enough of them.”Currently vehicles like a single- or dual-cab ute, van, hearse and taxi, among a few others are exempt from FBT provided they are for business purposes and have limited private use.It’s worth noting that utes are still among the best-selling vehicles in Australia and many are diesel-powered.These types of vehicles also have a more lenient CO2 target to hit as part of the government’s New Vehicle Efficiency Standard (NVES), though this will still get harder for carmakers to achieve as the years go on and the target is reduced.

Australians love high-performance cars and Polestar says more can’t come soon enough.Polestar Australia Managing Director Scott Maynard said he would consider bringing the brand’s BST high-performance offerings if development continues.“I think Australia is a market that loves high-performance product I'd love to see the continued development of some of the BST range,” said Maynard.“We've seen some real interest in that product when it was here previously, and I don't feel that we really gave it its head.“And so to be able to offer up a bit more of the BST line-up as a spin-off, to some of the vehicles that we've either got or are going to get, I think would be tremendous.“I'll take that.”Polestar’s BST line started back in 2022 and to date there have been two limited-edition versions of the Polestar 2 offered globally. Neither came to Australia though.Based on the Polestar 2 Long range Dual motor with the optional Performance Pack, both the Polestar 2 BST Edition 270 and BST Edition 230 gain features like a 25mm lower ride height, stiffer shock absorbers and a front strut bar. They also had unique designs.This is above and beyond standard equipment like the Brembo brakes with golden brake calipers and two-way manually adjustable Öhlins dampers.Power and torque from the dual-motor all-wheel drive set-up remain unchanged over the standard car. Total system outputs were 350kW of power and 680Nm of torque.It’s worth noting that the current 2026 Polestar 2 Long range Dual Motor with the optional Performance package now produces more torque at 740Nm. It can also do the 0-100km/h sprint in 4.2 seconds.At this stage it’s unclear whether Polestar plans to create any more versions of the Polestar 2 BST to rival the likes of the Tesla Model 3 Performance and BYD Seal Performance, among others.The Polestar 2 is getting on in years now and originally dates back to 2016 when it was first revealed as a Volvo concept. It’s been on sale in Australia now since 2021 and already received a major mid-life update in 2024.It’s also unclear whether Polestar plans to officially give the BST treatment to any of its other vehicles.In 2024 Polestar revealed the BST concept which was a hotted-up version of the forthcoming Polestar 6 electric convertible.It featured a swan-neck rear wing, aggressive front fascia, dramatic rear diffuser, bonnet vents, as well as flared wheel arches to accommodate a wider track width.Although the Polestar 6 was previously slated for production in 2026, Polestar has no longer confirmed when it will begin producing examples.The Swedish electric vehicle (EV) carmaker also currently has the Polestar 3 and Polestar 4 large electric SUVs and later this year is set to launch the Polestar 5 liftback in Australia.The latter is a Porsche Taycan rival that already offers up to 650kW of power and can do the 0-100km/h sprint in 3.2 seconds.

Large SUVs are the big, spacious heroes of suburbia, favoured by families with more than a couple of kids and picked for their adventurous and sporty looks when probably a people mover would do.Of course, there are the large SUVs that aren’t just tough looking but incredibly capable off-road, too. Then there are those which are fully electric, and bring supercar acceleration to something that feels like the size of a small house.As part of our ongoing 2026 CarsGuide Car of the Year awards, here are our top 10 large SUV model ranges from the sub-$100K category in alphabetical order and why they made the cut. Our top three, including the category winner, will be announced February 6.Chinese carmaker Chery brought its flagship Tiggo 9 seven-seater SUV to Australia in late 2025 and in one grade only - the Ultimate.CarsGuide reviewers found the Tiggo 9 to be outstanding value for money, but also standing out is its ‘Super Hybrid’ system which offers a large battery, fast charging and a long combined range with excellent fuel efficiency.Add to this a superbly comfortable ride and you can see why the Tiggo 9 has made our shortlist.  Hyundai’s Santa Fe quickly became an Aussie family favourite after it was launched here 25 years ago. Loved for being spacious and affordable, this large SUV became safer, better to drive and more refined over the years until we come to today’s fifth-generation model, which is the best yet.The Santa Fe is a three-row large SUV available in both petrol and petrol-hybrid powertrains. It has some fierce rivals in this large and affordable SUV segment, but CarsGuide reviewers loved the way it combines practicality and value for money with style and refinement that can withstand all the spills and rough treatment delivered by families.  So much kudos needs to go to Kia for launching its largest SUV ever - the EV9 - as an all-electric model only. A brave move that even made the EV9 unique in its segment as the first fully electric, seven-seat, upper-large SUV on the market.CarsGuide reviewers found the EV9 to be practical, superb to drive with outstanding levels of comfort and performance, and while it can be pricey there’s large fast charging batteries, with long ranges and vehicle-to-load power capability.Add to all this the futuristic chiselled looks and you have an SUV that’s bravely different, and beautifully fit for purpose.The Land Rover Defender is iconic. Famous for being the choice of transport for decades of hardcore adventurers to royalty and everyone in between, not many SUVs can combine prestige and off-road prowess like the Defender. The new Defender is a far more luxurious affair than the early Land Rover Series 1 from the 1940s that started the whole off-road SUV thing, but the blocky looks are still reminiscent of its agricultural ancestor.CarsGuide reviewers found the Defender to be comfortable and great to drive, with excellent practicality but fuel consumption can be high and towing capacity less than rivals.Available in a short- and long-wheelbase, with a choice of powerplants from supercharged V8s to hybrids the Defender is an exceptional go-anywhere luxury SUV.The Polestar 4 is a prestige electric coupe-style SUV that arrived in Australia in 2024, causing chins to wag due to its complete lack of rear window, and a digital review mirror.The rear window controversy was good publicity for the brand which arrived in Australia in 2022 with its Polestar 2 sedan but had seemingly gone off the boil with the arrival of a multitude of new Chinese electric SUVs.At 4.84m end to end, the Polestar 4 is about a finger’s length longer than the Tesla Model Y, but more expensive and would see its rivals as Audi’s Q6 e-tron Sportback and BMW iX3.  CarsGuide reviewers found the Polestar 4 to have an impressive driving range, excellent performance, great styling… but that lack of back window and the digital rear view mirror, not so great. The new-generation Skoda Kodiaq arrived in 2025, bigger and more refined than the previous version, even if the styling appeared to have barely changed. CarsGuide reviewers found this seven-seater to be practical with excellent cabin storage and packed with loads of standard features, making the Kodiaq excellent value.Superb to drive with great handling and a comfortable ride, the Kodiaq is the alternative to more mainstream rivals such as the Mitsubishi Outlander or Toyota Kluger.  Toyota’s seven-seat large SUV has also been on the shopping list of Aussie families since 2003 and while there’s more rivals to pick from than 20 years ago, the Kluger remains popular.CarsGuide reviewers found the Kluger to be spacious, practical, effortless to drive and with a fuel efficient hybrid powertrain, it is also outstanding value for money and comes with low servicing costs and Toyota’s reputation of reliability.Aussie Klugers are made in right-hand drive at Toyota’s Indiana plant in the United States.  Toyota’s LandCruiser 300 Series is a legend in its own time, acclaimed worldwide as one of the most capable large off-roaders, that’s comfortable, and with an exceptional reputation for reliability.With rivals such as the Nissan Patrol and Land Rover Defender, CarsGuide reviewers found the LandCruiser 300 Series to not only be great off-road, but also have good on-road manners, too. Reviewers noted, however, the high price tag and the need for better off-road tyres.The new-gen Toyota LandCruiser Prado arrived in late 2024 amid high expectations given the popularity of the previous modelsThe new Prado had a completely new retro cool look, but also a higher price tag. Still CarsGuide reviewers found the Prado very effective off-road and a big improvement over the previous gen with an increased towing capacity of 3500kg. But CarsGuide reviewers also found the Prado to be underpowered and not as good value for money as a Ford Everest or Isuzu MU-X.   Volkswagen's Touareg is a large, luxurious SUV that’s closely related to Audi’s Q7 but without the higher price.While all Touareg’s are five-seaters only, CarsGuide reviewers found it to be practical, full of sophisticated tech and refined in design and quality.A plug-in hybrid in the sporty R grade is available but CarsGuide reviewers found energy consumption to be high and EV driving range to be low.

In the years since the likes of GWM and MG established a beachhead for Chinese automotive brands in the local new car market a slew of others have followed.Economics 101 says increased competition in a mature market will quickly stimulate activity, generating big winners and significant losers.And the reality of 2025’s vehicle registration data, compiled by the Federal Chamber of Automotive Industries (FCAI VFacts) and the Electric Vehicle Council (EVC), has graphically validated that economic theory.More than 30 of the 60 passenger car and light commercial brands monitored by VFacts and the EVC went backwards in terms of sales volume in 2025 compared to 2024.But the winners were BIG, the top two improvers experiencing spectacular growth; the overall champ almost sending the needle off the clock.Of course, some were coming off a relatively small sales base, with increasing supply and expanding model line-ups inflating percentage figures. So, for context, we’ll also note outright volume increases and only include brands that recorded full-year sales in 2024.Here are our top five countdowns for biggest new car sales winners and losers in 2025.5) Rolls-Royce: Okay, it’s 13 extra cars for 2025 over 2024, but when each one of them retails for a minimum of $700K that’s some handy incremental profit margin. Obviously, for a select few it’s a case of ‘cost-of-living crisis be damned’, with no less than eight extra Cullinan SUVs and the same number of sedans finding a home last year. 4) Mini: A big year for Mini, including a major JCW-focused refresh across the range as well as a burst of sales for the pure-electric Aceman line-up. There were substantial boosts for the Cabrio (+100 per cent), Cooper (+45.2 per cent) and Countryman (+19 per cent).   3) Polestar: It was a case of swings and roundabouts for the Swedish EV specialist with the Polestar 2 liftback dropping sales while the larger 3 and 4 SUVs expanded total numbers by close to 40 per cent. Stand by for the performance-focused Polestar 5 GT’s impact when it arrives here mid-year.2) BYD: Market appetite for BYD’s products grew in parallel with its model range, the Chinese giant’s Aussie line-up expanding from four to eight models. Newcomers like the Atto 1, Atto 2 and Sealion 7 grew its share of the pie dramatically, but the star of the show was the Shark 6 hybrid ute, racking up more than 18,000 sales for the year.1) Chery: The sharply-priced Tiggo 4 Pro small SUV has proved a smash hit for Chery with sales building steadily over 2025, to the point where it’s nipping at the heels of the category-leading Hyundai Kona and MG ZS. Adding the large Tiggo 9 large SUV also delivered handy incremental sales.5) Suzuki: Despite the addition of the Fronx small hybrid SUV mid-year (which captured a handy 1667 sales) the evergreen Japanese brand went backwards in 2025, with stocks of the discontinued Ignis dwindling, Swift sales decreasing and even the cult-favourite Jimny in decline.   4) Jaguar: Kind of a no-brainer given the brand very publicly pulled the pin on production of everything except the F-Pace SUV for 12 months in preparation for a new, more premium range ramping up through 2026 and 2027. The big surprise is sales of the E-Pace growing four per cent year-on-year despite the manufacturing halt. Must have been a few in stock.  3) Maserati: Sales volume dropping by close to a third is rarely a good thing but with the Maserati Levante SUV falling off the radar there weren’t enough Grecale SUV buyers ready to pick up the slack. The Granturismo and Grancabrio coupe and convertible GTs were also missing in action creating a low ebb for the iconic Italian. 2) Jeep: Speaking of iconic brands, Jeep has been fighting well-publicised head winds in its US home market thanks to a seemingly ill-advised move to a more premium positioning with prices to match. Despite a slight sales uptick for the Grand Cherokee as it leaves the local stage, serious falls for the Wrangler 4WD and Gladiator ute also took the wind out of Jeep’s sales here.1) Lotus: Who would have thought a brand famous for simplifying and adding lightness in producing race-ready sports cars would be punished for heading down the pure-electric path with a heavy SUV (Eletre) and big four-door GT (Emeya). Even the internal-combustion mid-engine Emira (despite a stay of production execution) dropped by more than 50 per cent.   

The Federal Government is soon set to announce the carmakers that have and haven’t met the first phase of its tightening CO2 emissions standards.The New Vehicle Emissions Standard (NVES) came into effect on January 1, 2025, with mandatory compliance and fines coming into effect from July 1, 2025.As of December 31, 2025, the first performance period will end and the findings will be published by the NVES Regulator in February 2026.In this forthcoming report every carmaker will receive its so-called interim emissions value (IEV) which will indicate whether it is either above or below the predetermined CO2 emissions target.It’s worth noting that each vehicle has its CO2 target adjusted in terms of its vehicle type and weight. It’s currently a two-tiered system providing separate CO2 limits for smaller and larger vehicles.For brands that are under the CO2 emissions target they will also receive NVES credits. These can be used to offset higher CO2 polluting vehicles, or sold to other carmakers that aren’t meeting the CO2 targets at a price they determine.Polestar CEO Scott Maynard has previously told CarsGuide the company will be opting for the latter as it only sells electric vehicles (EVs) which don’t emit any CO2. However, it won’t be selling its credits to every car brand.While fines for carmakers that are above the tightening CO2 targets are now in effect, they have until December 31, 2027 to “extinguish units against a 2025 final emissions value (FEV)”.This means carmakers have until the end of 2027 to offset the fines they have incurred with either more hybrids or EVs, or by purchasing credits from other brands.If a carmaker is still above the 2025 FEV by this point it will be issued an infringement notice in February 2028.This will be charged to the carmakers, however a number of brands have previously noted some or all of the cost will be passed onto the consumer.Brands like Ford, Hyundai and Nissan have previously admitted, at least in part, that their price increases are due to the tightening CO2 standards.The companies have also started to axe certain models and engine types with high CO2 emissions. Examples include the 2.0-litre bi-turbo four-cylinder diesel engine in the Ford Ranger and Everest, as well as the 1.6-litre turbocharged four-cylinder petrol engine in the Hyundai Kona.Nissan also delayed the local introduction of the Ariya electric SUV, but the introduction of the NVES prompted its arrival.The Japanese carmaker is also set to make its Qashqai small SUV hybrid-only in Australia during 2026 when it introduces the new-generation version of its e-Power hybrid powertrain.

The federal government has announced there will be a statutory review into the Electric Car Discount.

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