Maybe Volvo hasn’t communicated it so well, but this is how it works:
Polestar is no longer a performance line, like AMG etc…, Instead it is going to be it’s own brand under volvo. (and volvo is under geely). The tuning company known as polestar has nothing to do with the new Polestar, volvo basically took the name to start its own brand. Don’t expect to see polestar branded volvo cars. https://www.polestar.com/
What we knew as polestar, the racing division, is called cyan racing, or sometimes called “cyan polestar racing”. http://www.cyanracing.com/
One more brand under the Geely umbrella…