Volvo Cars, owned by the Chinese Zhejiang Geely Holding Group, may not sell its all-electric Polestar 2 model in the United States due to high tariffs on imported goods from China.
According to Polestar CEO Thomas Ingenlath, the economic rationale for delivery of electric vehicles to the USA largely depends on tariffs for imports from China, which is today the only country for Polestar cars production.
The carmaker considers China, North America and Europe to be the main markets for Polestar models.
Frankly, the brand’s current sales plan for U.S. remains in force so far, and the announced price of $63,000 for the Launch Edition version includes the current tariff.
The new brand unveiled its all-electric Polestar 2 fastback last month. Today customers can make online pre-orders.
The car is a possible rival for the Tesla Model 3 in terms of price and range. It is built on the CMA platform like the Volvo XC40 crossover or the Chinese Lynk Co 01.
The Polestar 2 is making its official European debut these days at the 2019 Geneva International Motor Show.