Baua Electric

JANUARY 26, 2024

EV-centric brand Polestar just announced it will cut hundreds of jobs in its global workforce in order to lean down and reduce spending, as it looks to bolster sales of its upcoming Polestar 3 and 4 models without relying on additional funding from parents Geely and Volvo Cars. FTC: We use income earning auto affiliate links.

Global 52

Global Market Sale South Carolina 52

Green Car Congress

JANUARY 8, 2016

Volvo reported strong sales from all three core global regions. of total global volume. It is also an endorsement of the company’s new product strategy, with global sales boosted in the later stages of 2015 by the new XC90 SUV. Sales in Europe rose 10.6% for the year to 269,249 units, representing 53.5%

Volvo 150

Volvo Global Sale South Carolina 150

Teslarati

SEPTEMBER 15, 2023

Volkswagen’s global sales of battery-electric vehicles (BEVs) haven’t managed to accelerate as fast as rivals Tesla or BYD, and the threat of growing EV startups also looms. The auto industry is faced with the question of whether and how we will be a global leader in the future,” Baerbock said at the event.

BYD 102

BYD South Carolina Tesla Germany 102

CN EV Post

MARCH 17, 2023

The first SUV from Polestar, the premium electric vehicle maker owned by Geely and Volvo Cars, has been officially unveiled in China, but at a price reduction of about RMB 200,000 yuan ($29,080) from the model's global debut last year. At that point, the US will serve as the main supply location for North America and other markets.

China 135

China Price South Carolina Volvo 135

Teslarati

FEBRUARY 29, 2024

“Securing funding from a syndicate of global banks reflects our partners’ support for Polestar’s growth course. Polestar will have full access to technologies and engineering expertise from Geely Holding to realize its global growth targets,” Li said. Polestar CEO Thomas Ingenlath welcomed the new funding.

South Carolina 72

South Carolina Financing USA SUV 72

Teslarati

MARCH 18, 2023

Polestar has launched the Polestar 3 electric SUV in China and has slashed its starting price by roughly $29,000. The 3 is the brand’s first full-size SUV offering and is set to take on the Tesla Model X and the Rivian R1S in the world of large electric SUVs. What do you think of the article?

Price 99

Price China South Carolina Chinese 99

Baua Electric

APRIL 9, 2024

BMW Neue Klasse electric SUV and sedan (Source: BMW) The company’s founder explained that the new partnership is a “pivotal moment” as Rimac Tech expands from humble beginnings to signing a major long-term partnership with BMW. Rimac Tech campus (Source: BMW) No financial details were released.

BMW 52

BMW Battery Batteries South Carolina 52

Teslarati

NOVEMBER 3, 2022

The global economy is in a tumultuous period, especially in Europe, where energy issues continue to run rampant. As previously announced, the Scandinavian brand will use a pre-existing Volvo Cars manufacturing facility in South Carolina to build their upcoming Polestar 3. billion, to achieve its future growth targets.

South Carolina 97

South Carolina Financing Volvo Chinese 97

The Truth About Cars

AUGUST 2, 2023

The company has said its sales volume has skewed so heavily toward SUVs and crossovers that it doesn’t make good sense to offer anything else. The company’s plant in South Carolina (which builds the S60) is also presently being converted to focus on battery-powered SUVs intended for Volvo and Polestar.

North America 91

North America Volvo America Sale 91

The Truth About Cars

APRIL 21, 2023

The 3 is a large SUV that utilizes the updated Scalable Product Architecture (SPA) platform responsible for some of Volvo’s larger products built in Chengdu, China, and Charleston, South Carolina. While the Polestar 3 and 4 haven’t yet gone on sale, they’ll also be sharing space.

Sweden 102

Sweden South Carolina Volvo MPH 102

Green Car Congress

JUNE 13, 2018

The announcement comes one week before the company will reveal its new S60 premium sports sedan at the inauguration of its first US manufacturing plant in Charleston, South Carolina. The plant is the sole production site for the new S60, which is the first Volvo car made in the US.

Volvo 150

Volvo Engine South Carolina Cars 150

Teslarati

MARCH 27, 2023

7, Volkswagen also plans to launch a $40,000 electric SUV under the Scout brand for the North American market. The all-electric Scout SUV will be built in a new $2 billion factory in South Carolina. Besides the ID.Buzz and the ID.7,

Market 61

Market South Carolina United States North America 61

Baua Electric

MAY 14, 2024

We reached out for comment from both Volvo and Polestar, and this is what we heard back: As a global manufacturer Volvo Cars is in favor of free trade and open markets. This important SUV for us will be built in the USA for U.S. Free trade creates jobs, wealth and economic growth.

Chinese 52

Chinese South Carolina Volvo Tax Credit 52

Cars That Think

JANUARY 9, 2023

Yet below the color-shifting surface and whimsical features lies a deadly serious car, whose technology will be critical to BMW’s goal of making 50 percent of its global output EVs by 2030. An $810-million battery factory will spring up in South Carolina, in partnership with Japan’s Envision AESC.

BMW 79

BMW Las Vegas South Carolina Concept 79

Cars That Think

JANUARY 9, 2023

Yet below the color-shifting surface and whimsical features lies a deadly serious car, whose technology will be critical to BMW’s goal of making 50 percent of its global output EVs by 2030. An $810-million battery factory will spring up in South Carolina, in partnership with Japan’s Envision AESC.

BMW 64

BMW Las Vegas South Carolina Concept 64