Submitted by roaring_alpaca t3_11dbzw1 in wallstreetbets
DivinesiaTV t1_ja7rn95 wrote
Polestar is close to chinese ev valuations, and why? Cause its owned by chinese.
roaring_alpaca OP t1_ja8owhm wrote
But the polestar 3 is made in usa?
Sudden-Baker-9943 t1_ja8zqgn wrote
They’re planning on opening plant in US but haven’t yet I believe. (Which means more $ needed to be spent ) It was a subsidiary of Volvo but sold to Chinese. But I think still made in Sweden or Norway??? Somewhere around there
TylerInHiFi t1_ja9txhk wrote
It’s still technically sort of a subsidiary of Volvo. Volvo is Chinese-owned.
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