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Posted by
Two Blokes Jul 3 -
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GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) is taking the next step in diversifying its contract manufacturing footprint by expanding it to Europe. The Company has signed a memorandum of understanding with Volvo Cars to have Polestar 7 manufactured in Kosice, Slovakia, in advance of the planned launch of the premium compact SUV in 2028. Polestar 7 will be developed in accordance with the Company's recently announced strategy to use architectures from within the Geely Holding Gr.
