For most American buyers, Tesla remains the quintessential electric vehicle brand, accounting for roughly 46 percent of all EVs sold locally last year. Despite its stranglehold over the industry, competitors continue to announce incentives aimed at convincing current Tesla owners to jump ship, and Polestar is the latest.

Review: We Drove The Polestar 4 And It Wants To Change Your Mind On EVs

If you want to jump behind the wheel of a new Polestar 4 or Polestar 3, now could be the time to do it. Until April 30, the outgoing 2025 Polestar 3 includes an $18,000 ‘Polestar Clean Vehicle Incentive’ on purchases, slashing the SUV’s starting price. What’s more, it’s being sold with a $3,000 conquest bonus for any existing Tesla owner, regardless of whether someone wants to buy or at lease the 3.

It’s not just Tesla owners who can benefit. A $3,000 loyalty bonus is available to current Polestar owners, and a $1,000 conquest bonus is available to anyone who owns or leases an ICE or EV model from BMW, Audi, Mercedes-Benz, Porsche, or Cadillac. If you’re a Costco member, you may also be eligible to receive a discount of either $1,000 or $1,250. All up, we’re looking at potential savings of $21,000, or up to $22,250 for Costco members.

Importantly, these incentives are only for the 2025 Polestar 3, which has a 400-volt electrical architecture, whereas the 2026 model uses a more advanced 800-volt system. Nevertheless, it remains a good EV, and the base model can now be had for less than $50,000. The incentives also cut prices of the Long Range Dual Motor to under $55,000, while the Long Range Dual Motor with Performance Package can be purchased for less than $60,000.

Or Would You Prefer No Rear Window?

Polestar is also offering several incentives for the 2026 Polestar 4. For starters, it’s available with a $10,000 clean vehicle incentive, which can be combined with a $4,000 conquest bonus for Tesla owners, a $3,000 loyalty bonus for existing Polestar owners, or a $1,000 conquest incentive for owners of BMW, Audi, Mercedes-Benz, Porsche, or Cadillac models.

Like the Polestar 3, the smaller 4 also offers up to $1,250 in incentives for Costco members. The main $10,000 incentive alone reduces prices of the Long Range Single Motor to $46,400, while the Long Range Dual Motor drops to $52,900.

Canada is preparing to reopen its doors, at least partially, to Chinese-built electric vehicles. In the coming months, it will begin issuing permits at a sharply reduced tariff rate. However, locals should not expect the market to be immediately flooded with new and innovative EVs, as has happened in parts of Europe and Australia.

Under Canada’s new trade agreement with China, up to 49,000 EVs built in China can be imported at the reduced 6.1 percent tariff, down from the 106.1 percent rate imposed in 2024.

Read: After Letting China In, Canada Hopes Korea Comes Too

Global Affairs Canada said in an import-control notice published on February 26 that, from March 1 through August 31, the first 24,500 permits will be handed out on a simple first-come, first-served basis.

Given that it has only been six weeks since the reduced tariff was announced, automakers looking to enter the Canadian market for the first time are unlikely to secure a significant share of these initial permits.

Which Companies Stand To Gain Most?

Instead, established firms are expected to benefit first. Volvo and Polestar, for example, had been exporting EVs from China to Canada prior to the 2024 tariff hike and likely retain the production flexibility to resume shipments for the Canadian market. Tesla also built China-made EVs for Canada before the tariffs took effect and is considered a frontrunner for the early permits.

Speaking to Auto News, Global Affairs spokesperson Samantha Lafleur said there is no predetermined limit on the number of permits each automaker may receive, although temporary limits could be introduced during the initial six months. Lafleur added that the department “will monitor the application and issuance of import permits for the purpose of providing equitable access to the quota to eligible applicants.”

Second Phase Of The Import Quota

The second quota of 24,500 permits will open on September 1, 2026, and run through February 28, 2027. Any permits unused during the first six months will be added to this second allocation period.

Canadians waiting for the most competitive offerings from China will be watching closely for the potential arrival of BYD and Geely, the country’s two largest automakers. As reported by Auto News, BYD has acknowledged it is evaluating sales in Canada. Geely, meanwhile, could expand its footprint beyond Volvo and Polestar by introducing additional brands such as its namesake marque and Zeekr, among others.