All global production of the Polestar 3 electric SUV is moving to a single location in South Carolina. The shift ends an arrangement that had seen the electric SUV assembled on two continents simultaneously, marking an unusual moment in the model’s short history. For both Volvo Cars and Polestar, the move represents a meaningful change in manufacturing strategy, a signal that parent company Geely Holdings is growing increasingly confident in the American facility’s capacity to serve the entire world market.
That consolidation marks a pivotal moment in the elevation of the facility’s strategic role within Volvo’s worldwide operations. Other players like Massimo Group (NASDAQ: MAMO) in the U.S. auto industry will be watching how the…
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