Zhejiang Geely Holding Group plans to build an electric vehicle factory with an annual capacity of 30000 vehicles in Chongqing to produce high-end electric vehicles of the polestar brand. Foreign media said the plant will be operated by a newly registered wholly-owned subsidiary. In addition, two people familiar with the matter said the plant will produce high-end electric vehicles under the Geely Holding Group’s polestar brand. Geely Holding Group was founded in 1986 and entered the automobile industry in 1997. It owns many international famous brands, such as Geely Automobile, Lingke automobile, Volvo car, polestar, proton automobile, lutos automobile, London electric vehicle, long-distance new energy commercial vehicle, Taili flying automobile, Caocao special car, Homer, Shengbao bank, Mingtai, etc. < / P > < p > polestar (Chinese name “Jixing”) is a high-performance electric vehicle brand jointly owned by Volvo car group and Zhejiang Geely Holding Group. Currently, it has two mass-produced models, namely, polestar 1 and polestar 2. < / P > < p > in October 2017, polestar launched the polestar 1, a hybrid vehicle that can travel 150 km on electricity alone and is produced on the company’s Chengdu plant production line. < / P > < p > in addition, the Jixing concept car, which was released at the Beijing auto show, will be put into trial production in Chengdu factory in September 2021, and mass production will be realized in April 2022. < p > < p > at the end of February last year, polestar launched the polestar 2 online, the first of five pure electric vehicles that Volvo promised to launch. It is based on the CMA platform. It will be equipped with a 78 kilowatt hour battery pack, support 150 kW fast charging, and have a range of 275 miles (about 443 km). < / P > < p > previously, polestar has confirmed that polestar 2 will be put into production in China in 2020 for global sales. Since the end of March this year, polestar has been mass producing polestar 2 at its road and bridge plant in Taizhou City, Zhejiang Province. Global Tech