Founded in 1996 as Flash Engineering before adopting the Polestar Racing name in 2005, the company became Volvo's motorsport partner achieving WTCC racing success and STCC Swedish championships that led to Volvo S60 Polestar development and performance upgrades for road cars. Volvo's partial acquisition in 2015 became full acquisition later that year, making Polestar a Volvo Cars subsidiary under ultimate Geely ownership before transformation into a standalone brand in 2017. The electric performance focus launched with the 2017 Polestar 1 announcement from Gothenburg, Sweden headquarters under CEO Thomas Ingenlath's design-focused leadership, establishing premium electric positioning as a sustainable performance brand. Primary Chinese manufacturing complements US manufacturing expansion supporting global brand ambitions through Volvo platform sharing while maintaining independent brand identity, electric future commitment, and performance heritage. Polestar represents the evolution from motorsport tuner to standalone electric performance brand—demonstrating that racing credibility can transition into electrification leadership when approached authentically, and that sustainable performance isn't oxymoronic but rather the future of automotive enthusiasm, proving Swedish design sensibility and Chinese manufacturing capability can combine into premium positioning that challenges Tesla's dominance while maintaining Volvo's safety reputation and Scandinavian minimalist aesthetic that appeals to environmentally-conscious performance buyers.