Polestar begins deliveries of Polestar 4 to customers in U.S. On December 15, Polestar announced it has begun delivering Polestar 4 to customers in the U.S. The Polestar 4 SUV coupe is now sold alongside the Polestar 2, and the Polestar 3 SUV (manufactured in Ridgeville, South Carolina). “Polestar 4 plays a pivotal role in our brand’s lineup alongside the built-in-the-U.S. Polestar 3, this now gives Polestar two unique SUV offerings now avai...

News  Updated at: 2025/12/16

ada, as the electric three-row crossover is built in the U.S. and subject to 25% Canadian counter-tariffs. Canada introduced retaliatory tariffs on U.S.-built vehicles this April, soon after U.S. President Trump enacted a 25% tariff on vehicles imported from Canada. The EX90 is built alongside the Polestar 3 in Ridgeville, South Carolina, and was the only model Volvo Car Canada imported from the U.S., the rest being from other countries. (multip...

News  Updated at: 2025/12/13

MPVs, excluding minivans) for November 2025. China passenger car production and sales volumes in November 2025 Retail November retail sales volumes of passenger cars totaled 2.225 million units, reflecting a year-over-year (y/y) decrease of 8.1%. Year-to-date (YTD) retail sales volume totaled 21.483 million units, up 6.1% y/y. Luxury car retail sales volumes totaled 240,000 units, down 7% y/y. Retail sales volumes of domestic brands totaled 1.49...

News  Updated at: 2025/12/09

New vehicle sales by 5 major OEMs in South Korea decrease 6.2% in November Five Korean automakers announced domestic new vehicle sales in November. New vehicle sales in South Korea decreased by 6.2% compared to the same month in the previous year to 115,933 units. While the U.S.–Korea tariff agreement eased part of the industry’s uncertainty, the expiration of U.S. EV tax credits, limited new model launches, and weak domestic demand weighed o...

News  Updated at: 2025/12/02

Polestar CEO says North America strategy based on manufacturing in Korea On November 20, Polestar CEO Michael Lohscheller spoke to media in Yongsan, Seoul, about many thing including the company’s strategy going forward. Lohscheller said Polestar is poised to leverage its production capacity at Renault Korea’s Busan plant as a strategic export base to North America, diversifying from its once China-heavy supply chain. “We’re focusing on E...

News  Updated at: 2025/11/22

Euro NCAP tests 23 new models ahead of 2026 standards On November 19, Euro NCAP tested 23 new car models ahead of its updated 2026 testing standards. These include everything from electric SUVs to luxury coupés and family cars. Out of the 23 vehicles, 18 of the models earned a 5-star rating. Although many cars now achieve 5 stars, the real difference comes from the percentage scores in each of Euro NCAP’s four safety categories. These measures...

News  Updated at: 2025/11/19

Polestar launches bi-directional charging in U.S. starting with California On November 18, Polestar announced that together with home energy company dcbel, it is launching a vehicle-to-home (V2H), blackout protection support and smart charging solution for Polestar 3 customers in the U.S., starting with California. The action represents the first step in enabling bi-directional charging to customers, ultimately making it possible to use the car a...

News  Updated at: 2025/11/19

Polestar announces 1-for-30 reverse stock split to maintain Nasdaq listing On November 14, Sweden-based Polestar announced it would conduct a 1-for-30 reverse stock split of its American Depository Shares (ADS) as it seeks to avoid a Nasdaq delisting. The reverse split, which consolidates multiple shares into fewer, will not change the value of investors' overall holdings but can mechanically lift the share price above USD 1 to regain compliance ...

News  Updated at: 2025/11/15

of 0.8%. Year-to-date (YTD) retail sales volume totaled 19.250 million units, up 7.9% y/y. Luxury car retail sales volumes totaled 190,000 units, down 10% y/y. Retail sales volumes of domestic brands totaled 1.55 million units, up 4% y/y. Domestic brands had a market share of 68.7% of the total, up 3 percentage points y/y. Retail sales volumes of mainstream joint venture brands totaled 510,000 units, down 10% y/y. Specifically, German brands had ...

News  Updated at: 2025/11/11

olumes of passenger cars (including sedans, SUVs, and MPVs, excluding minivans) for September 2025. China passenger car production and sales volumes in September 2025 Retail September retail sales volumes of passenger cars totaled 2.241 million units, reflecting a year-over-year (y/y) increase of 6.3%. Year-to-date (YTD) retail sales volume totaled 17.005 million units, up 9.2% y/y. Luxury car retail sales volumes totaled 240,000 units, down 1% y...

News  Updated at: 2025/10/15

Polestar announces upgrades to 2026 MY Polestar 3 On October 1, Polestar announced extensive hardware upgrades for the 2026 model year of the Polestar 3. Central to the improvements is the adoption of a new 800-volt electrical architecture, enabling peak DC fast charging of up to 350-kW, being able to charge from 10% to 80% in 22 minutes, over 25% faster than before. Efficiency also increases by up to 6% (WLTP), supported by new CATL lithium-ion ...

News  Updated at: 2025/10/02

Volvo confirms expanded production in South Carolina with fourth model On September 23, Volvo Cars confirmed it would expand production at its existing factory in Ridgeville, South Carolina to produce a new hybrid vehicle by the end of the decade, as a fourth U.S.-built vehicle, to cater to American tastes and avoid tariffs. Currently, 90% of the cars Volvo sells in the U.S. are built in Europe. “The Charleston plant is foundational to our stra...

News  Updated at: 2025/09/24

of passenger cars totaled 1.995 million units, reflecting a year-over-year (y/y) increase of 4.6%. Year-to-date (YTD) retail sales volume totaled 14.741 million units, up 9.5% y/y. Luxury car retail sales volumes totaled 210,000 units, down 5% y/y. Retail sales volumes of domestic brands totaled 1.32 million units, up 9% y/y. Domestic brands had a market share of 65.7% of the total, up 2.3 percentage points y/y. Retail sales volumes of mainstrea...

News  Updated at: 2025/09/10

IAA Mobility 2025: Polestar reveals Polestar 5 Grand Tourer On September 8, it was reported that Polestar officially unveiled the Polestar 5, a four-door performance Grand Tourer derived from the 2020 Precept concept. The Polestar 5 is built on a hot-cured bonded aluminum platform known as Polestar Performance Architecture, offering rigidity exceeding that of many sports cars. It integrates a 112-kWh lithium-ion battery supplied by SK On, support...

News  Updated at: 2025/09/09

IAA 2025：IAA Mobility 2025 opens in Munich, Germany On September 8, IAA Mobility 2025 opened in Munich, Germany. The event is open to the press on September 8 and to the public on September 9-14. From local German manufacturers, BMW unveiled the new BMW iX3 – the first model based on the Neue Klasse platform. Mercedes-Benz will also debut the new electric version of its all-new GLC D-segment electric SUV. VW Group unveiled ID. Polo, B segment...

News  Updated at: 2025/09/09

ion and sales volumes of passenger cars (including sedans, SUVs, and MPVs, excluding minivans) for July 2025. China passenger car production and sales volumes in July 2025 Retail July retail sales volumes of passenger cars totaled 1.826 million units, reflecting a year-over-year (y/y) increase of 6.3%. Year-to-date (YTD) retail sales volume totaled 12.728 million units, up 10.1% y/y. Luxury car retail sales volumes totaled 170,000 units, down 20%...

News  Updated at: 2025/08/12

Volvo Cars reportedly to produce 2 ICE models at U.S. plant to avoid tariffs On July 17, multiple media reported that Volvo Cars plans to begin U.S. production of its two most popular crossovers within the next few years to avoid paying a 30% tariff on the imported models. According to two people familiar with the plan, the company will start building the midsize XC60 in January 2027 at its Ridgeville plant, South Carolina, and production of the ...

News  Updated at: 2025/07/18

Volvo Cars to begin XC60 production in Ridgeville, South Carolina in 2026 On July 16, Volvo Cars announced it will add its best-selling XC60 mid-size SUV, in both mild hybrid and plug-in hybrid form, to the production line at its assembly plant in Ridgeville, South Carolina.  XC60 production is scheduled to start at the U.S. plant in late 2026, joining the fully electric Volve EX90 flagship and Polestar 3 SUV. The XC60 has been the company’s b...

News  Updated at: 2025/07/17

Volvo is facing tariffs in the U.S. market, where 90% of the vehicles it sells are imported. Volvo‘s underutilized U.S. assembly plant in Ridgeville, South Carolina, trimmed its workforce in May by 5%, or about 125 employees, citing market conditions and evolving tariff and trade policies. The 2.3-million-square-foot Ridgeville plant, with a 150,000-unit annual production capacity has been producing a much lower amount of Volvo EX90 and Polest...

News  Updated at: 2025/07/11

Polestar 4 achieves five-star rating from Euro NCAP On July 9, Polestar announced that the Polestar 4 achieved a five-star rating from Euro NCAP, becoming the third vehicle in its lineup to do so after the Polestar 2 and Polestar 3. The Polestar 4 received an 86% overall score, with standout ratings of 92% for adult occupant protection, 85% for child occupants, 81% for vulnerable road users, and 79% for safety assist features. It also earned maxi...

News  Updated at: 2025/07/10