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Stock impact report

Polestar Joins EV-Tech Crossover With Made-for-China Smartphone [Yahoo! Finance]

Polestar Automotive Holding UK Limited (PSNYW) 
Company Research Source: Yahoo! Finance
Then tech giant Xiaomi Corp. launched an electric vehicle. Most Read from Bloomberg Ray Dalio's Famous Trade Is Sputtering, Investors Bailing Apple's China iPhone Sales Dive 19% in Worst Quarter Since 2020 Trump Has Only $6.8 Million for Legal Fees With Trial Underway Zimbabwe's ZiG Wipes Out 330% Stocks Rally Elon Musk's Robotaxi Dreams Plunge Tesla Into Chaos 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 A Show less Read more
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