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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. [27] 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.
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.
Polestar’s strategy is an “asset light” one: The company intends to use existing technologies and assembly plants owned by its partners — Volvo and Geely — to develop and build its cars ...
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 ...
BEIJING (Reuters) -Chinese-backed Swedish electric vehicle (EV) maker Polestar Automotive is accelerating efforts to produce more vehicles outside China in view of rising geopolitical tensions ...
All American Racers; AM General; Anteros Coachworks; Aptera; Arcimoto; Autocar; Alpha; Bremach; Bollinger; Callaway; Canoo; Czinger; DeLorean; Drako; Detroit Electric ...
Financially ailing carmaker Polestar is on the ropes, and analysts at investment bank Bernstein argue the only thing that may still save it is if parents Volvo and Zhejiang Geely of China, which ...