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Production of Polestar 3, The First Polestar Manufactured In the USA, Starts In South Carolina

Author: Benzinga Newsdesk | August 14, 2024 08:09am

Polestar (NASDAQ:PSNY) announces that production of its luxury SUV, Polestar 3, has started in South Carolina, USA. This makes the Polestar 3 the first Polestar to be produced on two continents.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240814424930/en/

The factory in South Carolina produces cars for customers in the US and Europe, complementing existing production in Chengdu, China.

Thomas Ingenlath, Polestar's CEO, comments:

"Manufacturing Polestar 3 in the USA is a crucial step for us. Now we offer customers in America an electric SUV that is built in America. Exporting the South Carolina produced Polestar 3 to Europe will strengthen our business on a broader scope. Polestar 3 has received superb reviews from global automotive media, with strong customer test drive interest."

Posted In: PSNY

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