Volvo cars Polestar 2 is out with a €58,000 price tag. OK, it is supposed to be a luxury car, but it does make the overpriced Tesla look affordable. The base price of the Tesla Model 3 is about €47,800.

It is more pricey than Volvo said it would be earlier this year. It said it would come out between $40,000 and $60,000. True, €58,000 is less than $60,000, but that should have been a top of the range figure.

The Polestar 2 is a 5-door sedan/crossover car, and its electric battery can manage up to 350 miles which is meant to be Volvo’s answer to the Tesla Model 3.

The Polestar 2 will be capable of DC charging at up to 150 kW and AC charging at up to 11 kW. The Polestar 2 has 660 Newton-meters of torque and a 0–100 km/h time of under five seconds. Those numbers are similar to the Model 3.

All good stuff but entirely out of the league of anyone who wants a car and not a supercar.