Polestar, the Swedish electric performance car brand, has announced its expansion into the former Saab car factory in Trollhattan, Sweden. The company has signed a lease for approximately 15,000 square meters of space in the newly acquired property called “Tekniska”, making it the first tenant of Kraftstaden’s development in the Stallbacka area.
Polestar, which established a development office at Innovatum District last year, is now further expanding its presence in Trollhattan by locating its development and testing activities in the Stallbacka area, covering nearly 15,000 square meters of space.
Kraftstaden Fastigheter, in collaboration with the City of Trollhattan, acquired properties and land in the Stallbacka area from Nevs in February this year for a total of 256 million SEK.
Polestar, a global electric vehicle manufacturer that produces premium electric cars, is the first company to sign a lease agreement and set up operations in the Stallbacka area. The company has experienced rapid growth, with its cars on the roads in 27 countries across North America, Europe, Asia, and the Pacific region. The high level of expertise in the region and Trollhattan’s strong position in the transition to electric mobility are cited as the main reasons for Polestar’s continued expansion in the city.
In the facilities that previously housed Saab and Nevs, Polestar will primarily focus on testing and developing future Polestar models. The move to the former Saab factory provides Polestar with a strategic location for its research and development activities, taking advantage of the existing infrastructure and facilities in the area.
This expansion is a significant milestone for Polestar as it continues to establish itself as a leading player in the electric vehicle market. The company, which is jointly owned by Volvo Car Group and Geely Holding, has gained a reputation for producing high-performance electric cars with cutting-edge technology and sustainable design. By utilizing the former Saab factory in Trollhattan, Polestar is not only investing in its own growth but also contributing to the local economy by creating job opportunities and driving innovation in the automotive industry.
Furthermore, this move highlights Sweden’s position as a global hub for electric vehicle production and innovation. The country has a long history of automotive manufacturing and has been at the forefront of the transition to electric mobility. With Polestar’s expansion into the former Saab factory, Sweden continues to demonstrate its commitment to sustainable transportation and its support for the growth of the electric vehicle industry.
Polestar’s expansion into the former Saab factory in Trollhattan is a significant development for the company and the local community. The move provides Polestar with a strategic location for its research and development activities, further solidifying its position as a leading electric vehicle manufacturer. Moreover, it highlights Sweden’s role as a global hub for electric vehicle production and innovation, showcasing the country’s commitment to sustainable mobility.
As Polestar continues to grow and innovate in the electric vehicle market, its move into the former Saab factory marks a new chapter in the region’s automotive industry and sets the stage for exciting developments in the future of electric performance cars.
Y en que beneficia eso a Saab, a los entusiastas propietarios de un automóvil Saab o a la conservación de éstos???
I drive a Saab in the States. Nice little cars. So much better than this EV nonsense being shoved down our throats. Perhaps the manufacturers will experience the same thing that is currently happening to a beer company.