Polestar will produce its electric vehicles at Volvo’s plant in South Carolina from 2022. The firm, which currently imports from China, looks to build its competitiveness by localizing for U.S. sales. That also comes as the Biden administration is setting about providing incentives to boost EV and battery production in the U.S. Imports to the U.S. linked to Polestar have been sporadic, with shipments in H1’21 (through June 17) down by 60.8% compared to H2’20. Localization does not guarantee a stable supply chain. Tesla for example has had to increase its prices in th...