Polestar 4 output expands to South Korea in 2025
The move allows the Geely-controlled Polestar to avoid a steep 25 percent U.S. tariff imposed on China-built vehicles.
The move allows the Geely-controlled Polestar to avoid a steep 25 percent U.S. tariff imposed on China-built vehicles.
Israeli startup StoreDot will demonstrate new charging technology, capable of adding 100 miles of range in five minutes, in a prototype Polestar 5 performance sedan next year.
The White House argued the Republican bill would eliminate entirely the domestic manufacturing requirement for government-funded EV chargers “thereby harming domestic manufacturing and American jobs.”
U.S. District Judge Stephen Friot sentenced Bobby Mayes to 130 months in prison for defrauding car lenders at his Big Red Dealerships Group and a concurrent 65 months for tampering with his case after his conviction. He must also forfeit $1 million in profit from the scheme after already having paid $1.2 million in restitution.
Options include VW plants in Chattanooga, Tenn., and Puebla, Mexico, as well as a new South Carolina assembly plant planned for VW subsidiary Scout.