Polestar has announced a significant price reduction for its upcoming Polestar 3 electric SUV, with the Long Range all-wheel drive version now starting at $73,400. The vehicle will come standard with the automaker’s Pilot pack, including driver-assistance features, and customers can opt for additional packages with features like a premium audio system and performance upgrades. The Polestar 3 will be eligible for the federal EV tax credit when leased and is set to begin production in China in Q2, with production in South Carolina to follow later in the year. This price adjustment reflects the overall trend of decreasing EV prices in the market.
Indian fashion designers are grappling with the challenge of making their industry more sustainable as the country's fashion market continues to grow. While some designers are making efforts to reduce their environmental footprint by using eco-friendly materials and experimenting with sustainable practices, critics argue that the industry still has a long way to go. The luxury segment, in particular, has been accused of hypocrisy for causing environmental damage without taking sufficient action to combat it. Additionally, improving the working conditions of artisans, who play a crucial role in the fashion market, is also an important aspect of sustainability. The process of making fashion sustainable is complex, and there is no one-size-fits-all solution. However, the industry is slowly responding to the changing trend, with some designers focusing on fewer collections per year and embracing the concept of "slow luxury" that prioritizes craftsmanship and longevity.
