Polestar, founded by Volvo and Zhejiang Geely Holding Group, has been producing three models from a plant in China's southwestern city of Chengdu and another in the eastern coastal city of Taizhou.
southwestern city of Chengdu and another in the eastern coastal city of Taizhou. It has been exporting the China-made vehicles to overseas markets, including the United States.
"We have an opportunity to go to South Carolina with Polestar 3. The new EV brands that are building up, they can't go out immediately to build factories there. You need a decent volume," Ingenlath said in an interview. Not that many China automakers were exporting, he added. , Ingenlath said the company expects production of its Polestar 4 to begin later this year in China's Hangzhou Bay.
Polestar delivered more than 50,000 cars globally in 2022 and aims to sell 80,000 this year, mostly by delivering more of itsThe auto maker has bucked a trend of price-cutting among EV manufacturers, with Ingenlath last month reiterating Polestar's aim is to become"a very premium sportscar company".
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