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Volvo Consolidates Polestar 3 Production in South Carolina

4/1/2026

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Summary

Story summary

Volvo Cars will consolidate Polestar 3 production at Ridgeville, South Carolina plant, ending manufacturing in China.
The Ridgeville site has $1.3 billion invested over the past decade, per Volvo Cars CEO Håkan Samuelsson.
Volvo Cars will add the XC60 and a new hybrid at Ridgeville before 2030.
Volvo Cars aims for net-zero emissions by 2040 and reports a 2025 fourth-quarter operating income decline from tariffs and pricing pressures.

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Story summary

Volvo Cars will consolidate Polestar 3 production at Ridgeville, South Carolina plant, ending manufacturing in China.
The Ridgeville site has $1.3 billion invested over the past decade, per Volvo Cars CEO Håkan Samuelsson.
Volvo Cars will add the XC60 and a new hybrid at Ridgeville before 2030.
Volvo Cars aims for net-zero emissions by 2040 and reports a 2025 fourth-quarter operating income decline from tariffs and pricing pressures.