Don’t waste your money on a Porsche Taycan or Audi e-tron GT when you can have the exceptional new Polestar 5 with more power for a lot less of your cash. And they’re not the only two things going for this all-new electric grand tourer.

Polestar 5 Performance
Polestar 5 Performance

Way back in 2020, Polestar effectively set out its design and performance manifesto with the Precept concept car, a gorgeous five-door GT that preceded the electric vehicle brand’s move further away from its parent company, Volvo.

Since then, the Polestar lineup has filled out considerably, but it hasn’t forgotten that show car, taking the time to develop a production version based on a bonded-aluminium platform, creating something suitably special to top the range. The result is the Polestar 5.

It’s been a long time coming, so does Polestar’s new flagship sports car offer well-heeled buyers a seemingly great-value alternative to other high-performance EVs?

How much does the Polestar 5 cost?

Just two versions of the Polestar 5 have been announced so far, starting with the Dual Motor Launch Edition priced at $186,249 drive-away in Victoria. This is a little less than the entry-level Taycan costs, and it’s far more powerful, comparing favourably with the considerably more expensive GTS variant of the Porsche.

Polestar 5 Dual Motor
Polestar 5 Dual Motor