Swedish electric car maker Polestar has announced it is working on a new car, called the 7, and that it will be produced in Europe.

Polestar may be facing a possible ban in the US, but the Sweden-by-way-of-China manufacturer isn’t going to let that stop it from releasing new products. The company provided a business update on Thursday,

Polestar used the start of the new year as an opportunity to release a roadmap for its future, and all the typical buzzwords were included. EBITDA. Positive free cash flow. Securing new equity and debt funding.