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Geely's EV brand Polestar starts production of Polestar 2 sedans at Zhejiang plant

BEIJING, March 24 (Reuters) - Polestar, the premium electric vehicle brand owned by China’s Geely, said it has started production of its mass market Polestar 2 sedan model at Geely’s Zhejiang Luqiao plant.

Polestar plans to deliver cars initially into Europe, and then China and North America, the Gothenburg-based company said in a statement. The model’s rival will include Tesla’s Model 3 sedans.

The production line at the Zhejiang Luqiao plant also makes Volvo’s XC40 sport-utility vehicles and Lynk & Co’s 01 SUV.

Reporting by Yilei Sun and Brenda Goh, Editing by Louise Heavens

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