Polestar, the electric car maker, is changing how it does business as the car market gets tougher. CEO Michael Lohscheller has a plan: make cars locally and launch new models that people can afford. The company faces a big challenge in the U.S. – a 100% tax on cars made in China has forced them to raise prices. Their Polestar 2 car now costs $66,200, up $15,000 from last year. To solve this problem, they’re making more cars at their South Carolina factory. “We need to manufacture locally here in the U.S.,” says Lohscheller. “It’s working well for us. We’re … Continue reading Polestar’s $15K Price Hike: Tariffs Prompt U.S. Production Shift