Volvo to build new electric SUV at South Carolina plant

RIDGEWAY, S.C. — Volvo Cars will invest $118 million into its plant in Ridgeville to build Polestar 3 electric vehicles with its affiliate, Polestar Cars, company officials announced Wednesday.

The Ridgefield plant now produces the Volvo S60 luxury sedan for U.S. and export markets. The Polestar 3 is the third vehicle scheduled to be built at the South Carolina plant.

Click here to sign up for the daily Wake Up Charlotte newsletter

The company says the expansion brings the total Volvo Cars investment in South Carolina to more than $1.2 billion.

WCNC Charlotte is always asking "where's the money?" If you need help, reach out to the Defenders team by emailing money@wcnc.com.

For the latest breaking news, weather and traffic alerts, download the WCNC Charlotte mobile app. 

TRENDING ON WCNC.COM

• Mecklenburg County not renewing contract with Historic Latta Plantation
• 2021 child tax credit: Do your kids qualify for the full $3,600?
• VERIFY: Is there a difference between COVID-19 vaccine dose one and two?
• 'It caught me totally off guard': Matthews man wins $100K lottery

Wake Up Charlotte To Go is a daily news and weather podcast you can listen to so you can start your day with the team at Wake Up Charlotte.
SUBSCRIBE: Apple Podcasts || Spotify || Stitcher || TuneIn || Google Podcasts

All of WCNC Charlotte's podcasts are free and available for both streaming and download. You can listen now on Android, iPhone, Amazon, and other internet-connected devices. Join us from North Carolina, South Carolina, or on the go anywhere.