At the Chinese debut of the Polestar 2 in Shanghai, Geely-owned 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 produce Polestar 2 alongside other models from Volvo and Lynk & Co. which share the core CMA platform with Polestar 2. Polestar 2 is the first car on the modular chassis to feature a fully electric drivetrain.
Go deeper with GlobalData
“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,” said 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 (retail outlet) will be located in Oslo, Norway, Polestar has now confirmed that the first Polestar Space in China will be opened in the third quarter of 2019. Establishing the Polestar footprint initially in Norway and China highlights two of the world’s most influential electric car markets as primary targets for the brand. 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.
Polestar says Polestar Spaces will be ‘creative environments where you can physically interact with both our digital brand and our product experts’. Prospective customers will also be able to ‘examine the inner workings of the car, as well as having the opportunity to take them for test drives’.
See Also:
See also: US sales for Polestar 2 threatened by trade tariffs
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
