Polestar Automotive, a Swedish electric vehicle brand backed by Geely, announced on November 3 that it has received further commitments for financial and liquidity support from Volvo Cars and PSD Investment.
Polestar, a premium electric vehicle brand jointly owned by Volvo and Geely, on October 13 unveiled its first all-electric SUV, the Polestar 3. The model will be made available on the Chinese market in two versions for 880,000 yuan ($122,388) and 1.03 million yuan ($143,210).
Geely-backed premium electric vehicle manufacturer Polestar will premiere its first SUV, Polestar 3, at a launch event on October 12, in Copenhagen, Denmark.
Polestar, a Geely-backed high-performance pure electric vehicle brand, has recently attracted considerable attention due to its extremely high battery replacement fees.
Polestar, a Geely-backed high-performance pure electric vehicle brand, announced on August 16 that it will put the brand-new pure electric concept sports car Polestar 6 into production. The mass production model is expected to be launched in 2026.
Geely-backed electric vehicle maker Polestar was listed on the Nasdaq in New York under the ticker PSNY on Tuesday through a business merger with Gores Guggenheim, a special purpose acquisition company (SPAC).
Gores Guggenheim, a special purpose acquisition company, and Polestar, a Swedish electric car company, announced Tuesday that they expect to close the merging of their businesses on June 23, subject to the former's stockholder approval.
Polestar, an electric vehicle (EV) brand jointly backed by Geely and Volvo, launched a new concept convertible sports car called the Polestar O2.
Smart vehicle technology company ECARX is considering plans to seek a U.S. public listing via a merger with blank-check company SPAC.
Li Shufu said Geely, Volvo and other car companies are jointly developing an open electric model under the code PMA. “We’ve learned from Google’s Android, and PMA’s pure electric module is open,” Li said.