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Polestar announces ‘Made in America’ EV production start date

Teslarati

Polestar has announced the production start date for its new South Carolina production facility, which it will be sharing with Volvo Cars. Now, the Swedish automaker is poised to finally address that issue as it begins production in South Carolina. Polestar will continue producing vehicles at its Chinese facilities.

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Polestar 3 launches in China with $29k price cut

Teslarati

Now, likely to improve its competitiveness, Polestar has issued one of the most significant price cuts the Chinese market has seen this year. However, at the Chinese unveiling this week, the Swedish automaker slashed that price by an average of 200,000 yuan ($29,035). What do you think of the article?

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Polestar 3 officially unveiled in China, price cut by about $29,080 from previous

CN EV Post

Production is also expected to begin by mid-2024 at Polestar's plant in Ridgeville, South Carolina, the automaker said when it unveiled the Polestar 3 last year. For more articles, please visit CnEVPost. At that point, the US will serve as the main supply location for North America and other markets.

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Polestar takes $1.6 billion loan to achieve growth targets

Teslarati

As previously announced, the Scandinavian brand will use a pre-existing Volvo Cars manufacturing facility in South Carolina to build their upcoming Polestar 3. This financing round comes only weeks after Polestar announced that it would continue its partnership with Chinese financer Industrial Bank.

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Proposed Changes to Federal EV Tax Credit – Part 4: Chinese-Assembled Vehicles Will Not Be Eligible for Tax Credit

EV Adoption

Whether or not Chinese OEMs employ unionized factory workers (none of the existing foreign automakers with US factories employ union workers today), to reduce or eliminate trade tariffs, political issues, and the loss of tax credits — these automakers may almost be forced to build their vehicles in US factories.