(Reuters) – Volvo Cars, owned by China’s Zhejiang Geely Holding Group Co, will not sell its all-electric Polestar models in the United States if the company faces tariffs on exports from China, the Financial Times reported on Wednesday.
“The business case for bringing the car to the U.S. is highly dependent on the type of tariffs we have,” Polestar Chief Executive Officer Thomas Ingenlath told the Financial Times.
