Volvo’s New Plans Face Tiny US Sales

Volvo’s New Plans Face Tiny US Sales

Volvo and parent company Zhejiang Geely on Tuesday announced an investment of more than $750 million in Polestar, the electric car brand that will hit showroom floors in 2019. Volvo revealed the brand’s first production car, the Polestar 1, in Shanghai yesterday. The Polestar 1 is a hybrid electric with a pure-electric range of 150 miles, according to the company. Production models are expected to be available in mid-2019, to be followed later that year by the Polestar 2, the brand’s first all-electric car. No specifications were provided for the Polestar 2. In July, Volvo announced that it would […]