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Posted June 29 2021

June 17, 2021: -On Wednesday, Swedish carmaker Volvo is planning to produce a new premium SUV for its electric Polestar brand at a plant in Charleston, South Carolina, says the company.

It will be the first domestically produced vehicle for Polestar, formed in 2017 by Volvo Cars, based in China’s parent company, known as Geely Holding Group. It also is one of the first electric vehicles, even though not the first, produced in the U.S by Volvo.

Polestar CEO Thomas Ingenlath said that the new Polestar 3 SUV would “absolutely” be the new flagship for the brand as it is planning to expand its lineup and retail network in the U.S.

“It will be a big milestone for our brand, The expression of the car will be so much Polestar and show where our brand is going in the future ahead,” he told CNBC in an interview.


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