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Production of Polestar ($PSNY) 3 Luxury SUV Begins at New South Carolina Manufacturing Plant
Manage episode 434411651 series 3366344
Content provided by Green Stock News. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Green Stock News or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Polestar Automotive (NASDAQ: PSNY), a leading electric vehicle manufacturer, has announced the commencement of production for its luxury SUV, the Polestar 3, in South Carolina. This milestone makes Polestar 3 the first of the brand's vehicles to be produced across two continents.
The South Carolina factory serves customers in the US and Europe, enhancing the existing production in China. In a move to further diversify its manufacturing base, Polestar plans to begin production of the Polestar 4 in South Korea by mid-2025.
The Polestar 3, a performance SUV designed for the electric era, showcases Scandinavian aesthetics, advanced technology, and superior driving dynamics. It includes cutting-edge components such as centralized core computing powered by NVIDIA (NASDAQ: NVDA) and a comprehensive suite of advanced safety systems.
Thomas Ingenlath, Polestar’s CEO stated: “Manufacturing Polestar 3 in the USA is a crucial step for us. Exporting the South Carolina produced Polestar 3 to Europe will strengthen our business on a broader scope.”
Polestar is an electric vehicle manufacturer determined to improve transportation by using design and technology to accelerate the shift to sustainable mobility.
Shares of Polestar Automotive trade on the NASDAQ under the ticker symbol PSNY. For more information, or to sign up for our free daily newsletter, visit www.greenstocknews.com
510 episodes
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Manage episode 434411651 series 3366344
Content provided by Green Stock News. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Green Stock News or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Polestar Automotive (NASDAQ: PSNY), a leading electric vehicle manufacturer, has announced the commencement of production for its luxury SUV, the Polestar 3, in South Carolina. This milestone makes Polestar 3 the first of the brand's vehicles to be produced across two continents.
The South Carolina factory serves customers in the US and Europe, enhancing the existing production in China. In a move to further diversify its manufacturing base, Polestar plans to begin production of the Polestar 4 in South Korea by mid-2025.
The Polestar 3, a performance SUV designed for the electric era, showcases Scandinavian aesthetics, advanced technology, and superior driving dynamics. It includes cutting-edge components such as centralized core computing powered by NVIDIA (NASDAQ: NVDA) and a comprehensive suite of advanced safety systems.
Thomas Ingenlath, Polestar’s CEO stated: “Manufacturing Polestar 3 in the USA is a crucial step for us. Exporting the South Carolina produced Polestar 3 to Europe will strengthen our business on a broader scope.”
Polestar is an electric vehicle manufacturer determined to improve transportation by using design and technology to accelerate the shift to sustainable mobility.
Shares of Polestar Automotive trade on the NASDAQ under the ticker symbol PSNY. For more information, or to sign up for our free daily newsletter, visit www.greenstocknews.com
510 episodes
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Similar to Green Stock News
Bitcoin pioneer Charlie Shrem peels back the layers on the lives and backgrounds of the world's most impactful innovators. Centering around intimate narratives, Shrem uncovers a detailed, previously unspoken story of the genesis and evolution of bitcoin, cryptocurrency, artificial intelligence, and the web3 movements. Join Shrem as he journeys through the uncharted territories of tech revolutions, revealing the human side of the stories that shaped the digital world we live in today.
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