Polestar 3 will be manufactured in the USA
Polestar is a company based in an idea, not a place. Wherever the best facilities, circumstances, and knowledge are to enable us to usher in a more sustainable electric future, that’s where we’ll be. Which is why we’re producing Polestar 3 in the US.
Polestar 3 will be built in Ridgeville, South Carolina. Opened by Volvo Cars in 2018, use of this facility is one of the major advantages of having family ties with both Volvo and Geely Holding.
Polestar 3 is an aerodynamic SUV showcasing the next evolution of Polestar’s design language, and the native Android Automotive operating system, first debuted in Polestar 2.
“Production in the USA makes procurement more efficient, reduces delivery times and will even have a positive impact on the price of the Polestar 3 SUV,” says Polestar COO Dennis Nobelius. “All of this makes the brand even more competitive in the critical American sales market.”
And given that America is one of the two largest single markets for electric vehicles (the other being China, where Polestar 3 will also be produced), it will no longer be relegated to export market status when it comes to Polestar.
“Polestar 3 will be built in America, for our American customers,” says Thomas Ingenlath, Polestar’s Chief Executive Officer. “I remember the great response when I first shared Polestar’s vision here in the USA and I am proud that our first SUV will be manufactured in South Carolina. From now on, the USA is no longer an export market but a home market.”
This expansion isn’t just about the product line. It’s also about our American retail presence. Polestar spaces will be seen in 25 locations throughout 2021.
We’re headquartered in Sweden. We have our dedicated R&D facility in the UK. And our vehicles are produced in both China and the US. In other words, we go where we can best realise our idea of design-led, sustainable, electric performance. It is a good idea, after all. And good ideas are welcome everywhere.
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The End of the Beginning
As of today, June 24th, Polestar is listed on the Nasdaq in New York under the ticker PSNY. This allows us to welcome shareholders, as well as customers, to join our journey towards more sustainable electric performance. This is a confirmation that Polestar has come of age. An end of the beginning. And a beginning of something more.