Polestar vs Lucid: Full Comparison

Key Points

• Electric Vehicles have become popular due to the advanced features and the sustainability factor.
• Although they were first created in the 1800s, they weren’t produced for mainstream market until Tesla started production in the yearly 2000s.
• Almost all tech giants and car manufacturers have come into the market now and Polestar and Lucid are two prominent players.

Polestar and Lucid may not be famous car brands, but they seem poised to be leaders in the rapidly growing electric vehicle space. Both sell electric cars but seem to differ in their approach. Let’s explore the differences between Polestar vs Lucid. We’ll use side-by-side comparison and must-know facts, then show you where we’d, ultimately, put our money.

Polestar vs Lucid: Side by Side Comparison

Polestar vs Lucid: Must-know Facts

Polestar must know facts:

• Polestar 2 is the primary vehicle of the company
• Polestar 3, an SUV, is set to release in October 2022
• Already mass-producing tens of thousands of cars
• Polestar has a range of 249 miles when fully charged
• Its luxury car lineup is much cheaper than Lucid

Lucid must know facts:

• Only one model of Lucid car, the Lucid Air exists
• Four trim options for the Lucid Airb are available
• Lucid is beginning to roll out its extreme luxury cars
• A 900-volt battery powers the Lucid. When fully charged, it can cover 400 miles

Polestar vs Lucid: What’s the Difference?

History

Polestar is now getting on people’s radars, although the company has been around for quite some time. The company was founded in 1996 by Volvo’s partner Flash/Polestar Racing, a Swedish performance racing team. In 2015 the company was acquired by Volvo (which was acquired by Geely in 2010) and began shifting into the company we recognize today. Polestar is headquartered in Toslanda, right outside of Gothenburg, Sweden. So far, Polestar has been successful and expects to be profitable by 2024, a unicorn in the world of electric cars.

Lucid Motors was founded in 2007 and initially traded under the name Atieva. They originally built batteries and powertrains but expanded into cars when they built their $700 million facility in Casa Grande, Arizona. In 2021, Lucid Motors announced its merger with Churchill Capital Corp IV, a SPAC (special purpose acquisition company). 2022 will be Lucid’s first full year of active production.

Models

Polestar currently sells two models – Polestar 1 and Polestar 2- with a third one coming by the end of 2022. The Polestar 1 is a hybrid sedan and was released in 2019. Only 1,500 models of this car were produced, making it a limited edition car. The company’s future is the Polestar 2, an electric sedan with tens of thousands of sales. The Polestar 3 is slated to be the SUV of the lineup, although it isn’t currently available. The 3 is expected to launch in October of 2022.

Lucid only has one model, the Lucid Air, with different trim packages. Trim options include the Air Pure, Touring, Grand Touring, and the hyper luxury Air Dream. The Air has begun rollouts to people with reservations, but so far, the company has only delivered a few hundred vehicles.

Price

Concerning Polestar vs Lucid price, both companies could fall under the “luxury” umbrella, though they target different segments. The Polestar 2 and 3 are best understood as an option parallel to the Model 3 and Y from Tesla. They are roughly in the same price range and cater to the same market. While expensive, they don’t carry the luxury tag.

On the other hand, the Lucid Air will be one of the most expensive consumer electric vehicles to date. The base trim package for the Air is the Air Pure, which will set you back nearly $90,000 with its cheapest configuration. The most expensive trim package, the Air Dream, is available for $169,000.

Availability

Both companies produce some great cars. Unfortunately, producing a high-end vehicle isn’t all it takes to become a successful car manufacturer. As such, the availability and potential production of Polestar and Lucid are quite different.

Polestar is the clear winner when it comes to current production value and actual delivery numbers. Being owned by Volvo, an existing car company, surely helps. Polestar delivered around 21,000 units in the first half of 2022, showing that people want Polestars and that the company can meet demand.

On the other end of the spectrum, Lucid has struggled to release its vehicles on time. Currently, there have only been 360 vehicles delivered in the first half of 2022, a significantly smaller figure than Polestar. As cool as the Lucid Air model is, they are still in the early stages of production.

Lucid

Polestar

Polestar vs Lucid: Which One is Better?

Polestar and Lucid are in different stages of development. With production ongoing, Polestar is available for purchase. Dealerships around the country carry this model, and you can walk out with a ride. Additionally, their cars have a larger support structure and are backed by Volvo. If you want to purchase a new car for daily use, the Polestar 2 or 3 is the best option.

The Lucid is the future of luxury EV cars, targeting wealthy individuals who don’t mind waiting for fulfillment several months after making reservations. Only 125 cars were delivered in 2021. Limited production numbers and a high price tag put the Lucid out of reach for many people.

An affordable price and established network of repair and service centers make the Polestar the winner.

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