Polestar Debuts Polestar 5 Electric Grand Tourer
The new luxury electric vehicle delivers up to 650kW and offers high-performance features for the Australian market.
Updated on Oct. 20, 2026 in Performance Vehicles

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Polestar has officially released the Polestar 5, a high-performance electric grand tourer designed to showcase the brand's technical capabilities. The vehicle enters the market with a powerful dual-motor configuration and advanced suspension technology.
Why it matters
The manufacturer created this model as a halo car to demonstrate its top-tier engineering and performance potential. It serves as a significant expansion of the company's electric vehicle portfolio, targeting the premium luxury segment.
The Polestar 5 Performance model generates 650kW and 1015Nm, while the dual-motor trim starts at $177,518 plus on-road costs. The vehicle includes a 112kWh battery capable of 350kW charging and reaches 100km/h in 3.2 seconds.
The players
Polestar
Polestar is an electric vehicle manufacturer that focuses on combining Scandinavian design with high-performance engineering.
The details
This electric grand tourer features four-piston Brembo brakes and MagneRide active dampers to assist with handling and suspension adjustments. Measuring 5087mm in length with a 3054mm wheelbase, the cabin comes standard with vegan leather upholstery.
Timeline
2018: Polestar released the Polestar 1 grand tourer.
Roadmap
The Polestar 5 builds upon the brand's legacy following the release of the Polestar 1 grand tourer. This launch positions the automaker to compete directly against premium performance electric manufacturers by demonstrating its advanced battery and motor capabilities.
Australian buyers can choose between the dual-motor model and the Performance trim, which starts at $199,518. Owners will need to ensure their home charging infrastructure supports the high-capacity battery requirements of the vehicle.
The takeaway
The Polestar 5 represents a significant investment in luxury electric performance. Prospective owners should consider the high initial purchase price alongside the technical advantages offered by the vehicle's dual-motor drivetrain.
Further reading
For more information on high-end electric models, visit the Australia Performance Vehicles section.
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