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Who owns Polestar?

I keep hearing more about the car company Polestar. Their cars look really cool, but I don’t know anything else about them. Who owns Polestar?

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Amber Reed · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Industry moves fast these days, and it can be hard to keep up! Polestar is owned by the Swedish automaker Volvo, which is in turn owned by the Chinese Zhejiang Geely Holding Group.
Polestar originated in 1996 as the performance racing car division of
Volvo
but has pivoted in recent years to make some very exciting all-electric cars. They seem to be aiming to give Tesla a run for their money, and we can’t wait to see what develops!
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