article thumbnail

CATL’s $5B North American battery production plans land in U.S., several sites being vetted

Teslarati

CATL is now moving closer to locking in a plant in the United States, according to an exclusive report from Reuters , which said the Chinese battery maker is now vetting sites in South Carolina and Kentucky. CATL is now in talks to serve BMW AG and Ford Motor Company.

article thumbnail

Polestar 3 prices get reduced before it’s even available with demand in question

Teslarati

The Swedish automaker announced that the entry-level configuration of the Polestar 3 Long-Range Dual Motor Performance SUV will be available for $73,400 and includes the company’s Pilot Pack as a standard feature. The Long Range Dual Motor with Pilot Pack and Plus Pack is now starting at an MSRP of $78,900.

Available 115
article thumbnail

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

CN EV Post

Polestar officially introduced the Polestar 3 in China today and announced what it calls a new pricing system, with the long-range dual-motor model starting at RMB 698,000 and the long-range dual-motor with performance pack model at RMB 798,000. | Polestar.US The plant is expected to make its first deliveries in mid-2024.

China 135
article thumbnail

2025 Polestar 3 starts at $74,800 and 315 miles, US deliveries in Q2

Baua Electric

At launch, the entire 2025 Polestar 3 lineup will have dual-motor all-wheel drive, with an output of 489 hp and 620 lb-ft of torque, and a 111-kwh battery pack. They’re due to be part of “additional production,” as Polestar put it, that’s due to start at a Volvo plant in South Carolina in “the middle of 2024.”

Miles 52
article thumbnail

Polestar to Utilize Former Saab Plant as European R&D Facility

The Truth About Cars

Automobilwoche , and Western-counterpart Automotive News , reported that the site will first attempt to tackle the all-electric motors going into the Polestar 5 (a rival for the Tesla Model S) and the Polestar 6 roadster. The 15,000-square-meter building, located in Trollhattan, is said to be focusing on the brand’s powertrain development.

Sweden 105
article thumbnail

Volkswagen has ‘all the ingredients’ to succeed as the US shifts to EVs, but will it?

Baua Electric

The company will build vehicles at its $2 billion facility in South Carolina. Source: Scout Motors) Despite the success, the brand’s parent company faced financial troubles, leading to a business overhaul. The cells will power VW Group EVs, including its new Scout brand.

article thumbnail

BYD: U.S. surrounding regulations may just worth American citizens out of EVs

Baua Electric

German carmaker Volkswagen Staff opted in March to assemble a $2 billion manufacturing unit in South Carolina for its up-to-date electrical Scout logo, describing the incentives on trade in as alike to “a gold rush.”And CATL, as the sector’s greatest battery maker is understood, has partnered with Ford Motor Co.

BYD 52