Geely-owned Polestar has signed a memorandum of understanding with fellow Geely unit Volvo Cars to have Polestar 7 manufactured in Kosice, Slovakia, in advance of the planned launch of the premium compact SUV in 2028.
Polestar says the Polestar 7 will be developed to use engineering architectures from within the Geely Holding Group. Polestar 7 will utilise a technology base from Volvo Cars, benefiting from group component sharing, cell-to-body technology (with ‘next-generation battery density’), as well as in-house developed e-motors.
Michael Lohscheller, Polestar CEO, said: “Working with Volvo Cars to develop and manufacture Polestar 7 in Europe is a unique opportunity that will strengthen our position in our home market. Our strategy of utilising Group architectures as the base for our future model line-up gives us access to the best, latest technologies, in a cost-efficient manner.
“With a design and sporty driving characteristics that are instantly recognisable, Polestar 7 will set new standards in the premium compact SUV segment.”
Håkan Samuelsson, Volvo Cars President and CEO, added: “Our collaboration with Polestar on the development and manufacturing of the Polestar 7 underscores how Volvo Cars and Polestar continue to leverage synergies to efficiently deliver outstanding vehicles built for our distinct customer segments.”
Construction started on the Volvo Cars factory in Kosice in 2023. The company says the location of the factory offers good logistical connections to European markets and a developed supplier base.
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