Polestar 7 will be made in Košice

Swedish carmaker Polestar will assemble its new electric SUV model at Volvo’s upcoming plant in Slovakia. Volvo and Polestar, both controlled by China’s Geely, signed a memorandum of understanding to launch the Polestar 7 in 2028. Volvo delayed the €1.2bn plant’s production start from end-2026 to early 2027. Initial annual capacity is 250,000 cars, including two small urban SUV models.

(hnonline.sk, reuters.com)