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They still have an office and engineers in Sweden, right?

They do. Some are still designed/engineered here in Sweden. Some are not. I don’t know about this one.

All trucks, boats, excavators etc. are still Swedish though.

Designed and made in Sweden. Geely also produces Volvo designs in China also, but they try to keep all the R&D in Sweden to take advantage of what they actually paid for. Polestar is much of the same, although I think it has more Chinese influences.

Also Geely are trying to sell Volvo (and Polestar) so further integration s unlikely.

That was some rumor that was circulating for a short while, but it's unsubstantiated. Polestar just got a 600 million dollar loan from Geely too.

Some people have even speculated that it's Volvo that wants to go independent, but comments from the returning, unretired CEO that they want to do more sharing of tech makes that less likely.

It is produced in Sweden.

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