Polestar Starts US Production to Sidestep Steep EV Tariffs

URLhttps://www.ttnews.com/articles/polestar-us-produc
SourceTransport Topics
Date Published08/14/2024

Additional Reshoring Information:

Company/Division name Polestar Automotive Holding UK Plc
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2024
Domestically, the work will be done:In-house
Country(ies) from which reshored:China,Sweden
City reshored to:Ridgeville
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredPolestar 3 SUV
What non-domestic negative factors made offshoring less attractive?Tariffs
What domestic positive factors made reshoring more attractive?Govt. Policy and subsidies
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