Polestar plans to produce its upcoming premium compact SUV, the Polestar 7, at a new Volvo Cars factory in Kosice, Slovakia, after formalizing a collaboration.
The production in Europe signifies a key move in Polestar's strategy to diversify production and benefit from Geely Holding Group synergies.
The Polestar 7 will integrate technology from Volvo Cars, adapt to uphold its unique driving experience, and aim to set new standards in its segment.
The construction of the cutting-edge Volvo Cars factory in Kosice, starting in 2023, highlights a commitment to the European market with strong logistical connections and supply network.