Volvo starts construction of its Polestar production centre

Olive Hawkins
November 21, 2017

As another ambitious goal, Polestar says it will finish building the new plant in just nine months.

The famous performance company of the Volvo Cars manufacturer has chose to open a new production centre in Chengdu, China. The factory is being set up in Chengdu, China, through Volvo's parent company Geely, based in China. The number is of course expected to grow since the company has already announced plans for the Polestar 2 model coming sometime in 2019 as a sedan that will most likely fight directly against the Tesla Model 3.

The Polestar brand was announced as a performance-focused spin-off of Volvo earlier this year, and the Polestar 1 will be its first production auto. The electric range is around 150km, which is the largest range of any production hybrid passenger auto.

"Following the successful launch of the new Polestar brand in October, construction of the new Polestar Production Centre is the next step in turning our plans into reality".

Vikings open as slight favorites vs. Lions on Thanksgiving
No matter, Lions coach Jim Caldwell insisted Monday that the big-picture stakes of the game are of no concern to him and his team. Outside of the Vikings on Thanksgiving, the Lions do not have a single opponent with a winning record left on their schedule.

With Triple Talaq Still Taking Place, Government Ready With New Plan
The Centre has made a decision to bring in legislation during the winter session of Parliament to end the practice of triple talaq .

Proactis Holdings Plc (PHD) Sets New 12-Month Low at $0.00
Shore Capital reiterated a buy rating on shares of Polypipe Group plc in a research note on Tuesday, November 14th. Insight Capital Research & Management Inc acquired 9,920 shares as Adobe Systems Inc (ADBE)'s stock rose 14.01%.

The Polestar Production Centre is now targeting to build a maximum of 500 units of the 1 per year. This centre will be staffed by experts with a special inbuilt customer test track to enable the potential customers to experience the auto better. A facility that is modern, progressive, technically advanced and environmentally responsible. The Polestar 1 is set to go on sale in 2019 and order books are now open.

Polestar spun off from Volvo into its own performance EV brand recently, and a month ago it revealed the hybrid sports coupe known as Polestar 1.

The new vehicle factory in China is by far the most ambitious project so far, as it will be the most eco-friendly production centre worldwide and also the most efficient. The others are set to follow later that year.

Other reports by

Discuss This Article