Polestar said on June 16, 2021, that its first all-electric SUV, the Polestar 3, will be built in the USA at Volvo Cars’ plant in Ridgeville, South Carolina.
Volvo Cars will invest an additional $118 million in the plant to build the Polestar 3 under contract. Polestar 3 vehicles built in South Carolina will be sold in the USA.
Key details
- The Ridgeville plant opened in 2018 and builds the Volvo S60 sedan.
- The new investment brings Volvo’s total investment in South Carolina to more than $1.2 billion.
- Production was planned to start in 2022.
- The Polestar 3 will also be built in China.
“Production in the USA makes procurement more efficient, reduces delivery times and will even have a positive impact on the price of the Polestar 3 SUV.”
Dennis Nobelius, Polestar COO
FAQ
Where will the Polestar 3 be built?
At Volvo Cars’ plant in Ridgeville, South Carolina, and also in China.
How much is Volvo investing?
An additional $118 million.
Who will buy the South Carolina-built cars?
They will be sold in the USA.
Source & credit
Source: Volvo Cars USA, June 16, 2021: “Volvo Cars Expands U.S. Electrified Vehicle Production in South Carolina with New $118 Million Investment”.
Also: Polestar, June 16, 2021: “Polestar 3 will be manufactured in the USA”.