Polestar Joins EV-Tech Crossover With Made-for-China Smartphone [BNN Bloomberg (Canada)]
Polestar Automotive Holding UK Limited (PSNYW)
Company Research
Source: BNN Bloomberg
Now, Swedish-origin automaker Polestar is joining the fray with its own phone for the Chinese market, where high-tech and highly connected offerings are popular with drivers. Unveiled at a glitzy event in Beijing Tuesday ahead of an auto show in the Chinese capital that kicks off April 25, the phone is jointly developed by Polestar Automotive Holding UK Plc's design team in Gothenburg and Chinese smartphone maker Xingji Meizu Group. Both companies are controlled by billionaire Li Shufu's car conglomerate Zhejiang Geely Holding Group. The phone will run on an operating system adapted from Xingji Meizu's Flyme Auto that can connect seamlessly with Polestar's EVs. Messaging, calls, music and videos from the device can be displayed on the in-car dashboard. Starting from 7,388 yuan ($1,019), the phone comes with as much as 1 terabyte of storage and a 50 megapixel camera. “Nio's William Li said they're launching a phone as a defensive measure due to Huawei and Xiaomi starting to make
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News
- Polestar Joins EV-Tech Crossover With Made-for-China Smartphone [Yahoo! Finance]Yahoo! Finance
- Lilium names Johan Malmqvist as chief financial officer [Seeking Alpha]Seeking Alpha
- Lilium Names Johan Malmqvist as Chief Financial Officer [Yahoo! Finance]Yahoo! Finance
- Polestar Borrows $1 Billion to Fund Rollout of Electric Vehicles [BNN Bloomberg (Canada)]BNN Bloomberg
- Polestar secures USD 1 billion external funding; business outlook confirmed [Yahoo! Finance]Yahoo! Finance
PSNYW
Sec Filings
- 4/30/24 - Form NT
- 4/11/24 - Form 6-K
- 2/29/24 - Form 6-K
- PSNYW's page on the SEC website