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Polestar 2 puts focus on China with manufacturing site and first Polestar Space location confirmed

 

At the Chinese debut of the Polestar 2 in Shanghai, Polestar confirmed that production of the new electric performance fastback will take place in Luqiao, Zhejiang Province, from early 2020.

 

Owned by Zhejiang Geely Holding and operated by Volvo Cars, the Luqiao production facility will also produce world-class Volvo and Lynk & Co. models that share their core CMA platform with Polestar 2. Polestar 2 is the first car on the modular chassis to feature a fully electric drivetrain.

 

“Being able to produce Polestar 2 in the Luqiao plant in China shows the clear synergies of our ownership structure and gives us a great industrial advantage,” comments Thomas Ingenlath, Chief Executive Officer at Polestar. “With Geely and Volvo Cars as our owners, we are able to leverage their expertise in many different ways. Manufacturing is one of the most important areas, helping us accelerate our progress and entry into the market with the confidence that Polestar 2 production will begin as planned early next year.”

 

Following the confirmation in 2018 that the first-ever Polestar Space will be located in Oslo, Norway, Polestar has now confirmed that the first Polestar Space in China will be located in central Beijing. Establishing the Polestar footprint initially in Oslo and Beijing highlights two of the world’s most influential electric car markets as primary targets for the brand.

 

The Polestar Space in Beijing will open in late 2019 and signals the roll-out of Polestar Spaces in China. Around 20 facilities spread between 11 Chinese cities will be opened during 2020 – about one third of all initial Polestar Spaces expected to be opened globally.

 

Ends.

 

For images and other media information, visit media.polestar.com.

 

Contact Details

Duncan Forrester, Public Relations and Communications duncan.forrester@polestar.com

 

Brent Ellis, Public Relations and Communications, Europe brent.ellis@polestar.com

 

Sunnie Zhang, Public Relations and Communications, China sunnie.zhang@polestar.com

 

John Paolo Canton, Public Relations and Communications, North America jp.canton@polestar.com

 

About Polestar

 

Polestar is the electric performance car brand jointly owned by Volvo Car Group and Zhejiang Geely Holding. Polestar enjoys specific technological and engineering synergies with Volvo Cars and benefits from significant economies of scale as a result. This facilitates the successful design, development and production of separately-branded, electric performance cars.

 

Polestar launched in 2017 with the Polestar 1 – a low-volume Electric Performance Hybrid GT with 600 hp, 1,000 Nm and an electric-only range of 150 km – the longest of any hybrid car in the world. In 2019, the Polestar 2 was revealed as the company’s first full electric, higher volume premium car designed to compete around the Tesla Model 3. In the future, Polestar 3 will join the portfolio as a fully electric performance SUV.

 

Polestar also applies its technology and expertise to electrified Volvo cars. The new Volvo S60, V60 and XC60 T8 Polestar Engineered models feature key Polestar components to create a sharper and more engaging driving experience. Polestar optimisation software upgrades are also available for Volvo models, which enhance six performance areas including engine output. Polestar Engineered media information can be found on the Volvo Cars media website.

 

 

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