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Polestar's showroom in Oslo, Norway. In October 2017, Volvo Cars and Geely Holding announced that Polestar would become a standalone brand focusing on electric cars. [26] The brand introduced the Polestar 1 on 17 October 2017, a 2+2 coupé inspired by Volvo's Concept Coupé introduced in 2013, which includes influences from the Volvo P1800.
A Chinese partner of Japanese companies Toyota and Honda, [3] GAIG owns Chinese production bases that produce Chinese-market versions of the Japanese carmakers' models, [citation needed] which sell well in Southern China as of 2010.
In 2010 GAC was among the ten largest Chinese carmakers [17] reaching number six [18] and selling 724,200 vehicles. [19] 2011 saw the company retain its position as the sixth-largest Chinese automaker by production volume, with GAC making 740,400 vehicles in that year. [20] In early 2012, the company was listed on the Shanghai Stock exchange. [21]
It assembles its Polestar 2 sedan crossover and Polestar 3 at a facility in Chengdu, China — and those cars are subject to the US tariffs of 100% on Chinese-made EVs, a policy implemented by the ...
Swedish electric vehicle (EV) maker Polestar said on Monday it had formed a joint venture with Xingji Meizu to build an operating system for Polestar cars sold in China that will offer the latest ...
Polestar was once a racing team that transformed Volvo's cars into high-performance racing vehicles. Volvo, which was acquired by the Chinese automaker Geely in 2010, bought Polestar's brand in ...
There are hundreds of automobile manufacturers operating in China, the country with the largest automotive industry in the world. It includes state-owned manufacturers, privately owned manufacturers, foreign manufacturers, and joint ventures between local and foreign manufacturers.
Before 2010, the traditional "Big Four" refers to the four major state-owned car manufacturers, SAIC, FAW, Dongfeng and Changan. Other Chinese car manufacturers, both from public and private sectors, like Geely, BAIC, BYD, Chery, GAC, Great Wall, JAC and Seres emerged as the major players with the expansion of Chinese automotive industry.