Remove Chinese Remove Price Remove South Carolina Remove Supplies
article thumbnail

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.

article thumbnail

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

CN EV Post

Polestar has officially unveiled the Polestar 3 in China today with what it calls a new pricing system. | Polestar.US Polestar gave the Polestar 3 SUV its global debut on October 12 , 2022, when it announced its two versions with starting prices in China of RMB 880,000 and RMB 1,030,000, respectively.

China 140
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. The strategy could also be used to cut some costs as CATL announced this week it would be raising prices in Q2.

article thumbnail

New hybrid sweetgum trees could boost paper, bioenergy production

Green Car Congress

Researchers at the University of Georgia (UGA) have crossed American sweetgums with their Chinese cousins, creating hybrid sweetgum trees that have a better growth rate and denser wood than natives, and can produce fiber year-round. Merkle said the timing for a new hardwood hybrid lines up with an uptick in prices for hardwood timber.

Hybrid 150
article thumbnail

Polestar (PSNY) to cut 15 percent of global jobs amid slowing EV sales, weak market share

Baua Electric

It’s hard out here for startups, and yes, Polestar should still be considered a startup despite its backing from co-owner Volvo Cars and Chinese automotive conglomerate Geely. In seven years, Polestar has brought a limited-run PHEV called the 1 and the popular Polestar 2 PHEV, which saw a mid-life refresh entering its 2024 model year phase.

Global 52
article thumbnail

How Volvo overcomes U.S. price lists on its cars made in China

Baua Electric

Invoice Russo, CEO of advisory company Automobility Restricted, which is based totally in Shanghai, mentioned the Responsibility Problem program deals some way for Chinese language-affiliated automakers to “bridge the moat” of U.S. import price lists. “China finds a way.” production. . market cars.

Volvo 52
article thumbnail

Trump promises 100% tariff on Mexico-built Chinese cars—EV or not

Baua Electric

Former President Donald Trump has announced that he would apply a tariff of 100% to cars built in Mexico by Chinese companies for U.S.-market Currently cars imported from China are subject to a 25% tariff, while those from Mexico, made with Chinese parts, would only be subject to a 2.5% automobile industry as a whole.”

Mexico 52