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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.
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 ...
However, since 2017, the Chinese government had indicated that it would liberalize foreign control in the automotive sector, allowing full ownership by foreign companies. [13] In 2017, Tesla was allowed to set up a plant in Shanghai city, making it the first foreign automaker to open a wholly owned factory in China. [14]
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The upcoming Polestar 4 sports SUV will be built in South Korea, with whom the US has a strong free trade agreement. The Polestar 5 sports sedan will be built in Europe, however, which might make ...
Polestar also previously manufactured most of its vehicles in China, which exposed it to high tariffs on Chinese EVs in the U.S. and Europe. To avoid those tariffs, it started to assemble the U.S ...
Polestar is a Chinese-owned company. Interests associated with the company appear to be removing ownership details in a deliberate attempt to hide the ownership 220.240.182.128 13:16, 24 January 2023 (UTC) It literally already says Chinese owned in the first sentence of the article. Philipnelson99 13:46, 24 January 2023 (UTC)