Publication date: April 24, 2024
Polestar Contemplates Reducing Dependence on Chinese Manufacturing

Polestar Contemplates Reducing Dependence on Chinese Manufacturing

Polestar evaluates diversifying production in response to EU's increased regulatory scrutiny.

Electric Vehicles

Polestar, a prominent competitor to Tesla in the electric vehicle market, is considering a strategic shift in its manufacturing operations from China to the United States. This potential move comes as a response to the European Union's heightened regulatory scrutiny and potential tariff implementations on Chinese-produced EVs. CEO Thomas Ingenlath highlighted the necessity of adapting to the evolving regulatory landscape to ensure Polestar's competitiveness and compliance within the European market, amidst growing pressures and market dynamics.