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Swedish EV brand Polestar starts producing Polestar 3 SUV in US Volvo plant to avoid China tariffs, targeting US and European markets.
Swedish EV brand Polestar, majority-owned by China's Geely, begins producing its Polestar 3 SUV in the U.S. at Volvo's plant in South Carolina to avoid Chinese-made car tariffs.
The vehicles will be sold in the U.S. and Europe, while the Polestar 4 SUV coupes are planned for production in South Korea in 2024.
This shift aims to boost sales in the U.S. market and globally with a more appealing product offering to American consumers.
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La marca sueca de EV Polestar comienza a producir Polestar 3 SUV en la planta Volvo de EE.UU. para evitar las tarifas de China, apuntando a los mercados estadounidenses y europeos.