Volvo Cars
Polestar – Polestar was founded by Polestar Racing, now called Cyan Racing, as the performance vehicle division in Volvo Cars to explore how the technology behind their racing success could be applied to Volvo road cars. In 2017, Polestar became an independent brand under Volvo Cars focused on high-performance electrified cars, and in 2018 was spun out into its own entity, controlled 50% by Zhejiang Geely Holding Group and 50% by Volvo Cars.