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Tag: Polestar

Business in Asia / China / Sweden

Polestar secures $600 million loan from Chinese majority owner

December 17, 2025 - by Maria Xaver Dover - Leave a Comment

Sweden’s electric car maker Polestar has entered into a loan agreement of up to $600 million with its majority owner, China’s Geely Holding, as the company seeks to ease pressure …

Polestar secures $600 million loan from Chinese majority owner Read More
Automotive / Business in Asia / Sweden / Thailand

Polestar expands to Thailand

June 25, 2024June 25, 2024 - by Lærke Kobberup - Leave a Comment

The Swedish electric perfomance car brand Polestar has announced that it plans to enter seven new markets during 2025. One of these being Thailand. The new markets will be in …

Polestar expands to Thailand Read More
Automotive / Business in Asia / China / Sweden

Swedish Polestar misses 2023 delivery target amidst weak demand in China

January 12, 2024 - by Miabell Mallikka - Leave a Comment

Polestar Automotive Holding fell short of its 2023 delivery target, citing weak demand for higher-priced models in China as a reason for the shortage. The company delivered 54,600 vehicles last …

Swedish Polestar misses 2023 delivery target amidst weak demand in China Read More
Automotive / Business in Asia / China / Sustainability / Sweden

Swedish Polestar expects more Chinese cooperation

November 12, 2023 - by Sofie Rønnelund - Leave a Comment

Swedish electric vehicle maker Polestar expects to enhance the technological cooperation with China, said CEO of Polestar, Thomas Ingenlath, in an interview with Xinhua on 9 November, 2023. He said …

Swedish Polestar expects more Chinese cooperation Read More
Automotive / Business in Asia / China / Sweden

Swedish School of Textile collaborates with Polestar on interior

September 19, 2023September 19, 2023 - by Miabell Mallikka - Leave a Comment

The Swedish School of Textiles’ knitting technology lab in Borås, Sweden, is cooperating with Swedish-Chinese car maker Polestar, on interior textile for the Polestar 4 electric SUV coupe. The Swedish …

Swedish School of Textile collaborates with Polestar on interior Read More
Automotive / Business in Asia / China / Sweden

Polestar plans to release smartphone in China

September 6, 2023 - by Miabell Mallikka - Leave a Comment

The Swedish-Chinese EV maker, Polestar, plans to release a smartphone in combination with the launch of its first car in China in December. “The phone will only be sold in …

Polestar plans to release smartphone in China Read More
Automotive / Business in Asia / China / Sweden

Swedish-Chinese EV maker Polestar posts operating loss

September 1, 2023 - by Miabell Mallikka - Leave a Comment

Swedish-Chinese electric vehicle maker Polestar, founded by Geely and Volvo Cars, posted an operating loss of $274.4 million on Thursday, August 31. This is down from $627.3 million in 2022, …

Swedish-Chinese EV maker Polestar posts operating loss Read More
Automotive / Business in Asia / China / Sweden

Swedish EV company is targeting smart-driving in Chinese market

August 29, 2023 - by Miabell Mallikka - Leave a Comment

Swedish EV maker Polestar is targeting China’s premium EV market. Polestar has partnered with Mobileye to incorporate autonomous driving technology into their Polestar 4 model. The technology allows for hands-free, …

Swedish EV company is targeting smart-driving in Chinese market Read More
Automotive / Business in Asia / China / Sweden

Swedish Polestar and Chinese Xingji Meizu join forces

June 20, 2023 - by Miabell Mallikka - Leave a Comment

Swedish EV maker Polestar has joined forces with Xingji Meizu, a mobile phone and electronics company, to build an operating system for Polestar cars sold in China. In the rest …

Swedish Polestar and Chinese Xingji Meizu join forces Read More
China / Sweden / Transportation, maritime

Volvo-Geely Polestar Brand to Build Next Electric SUV in U.S.

June 20, 2021 - by Zazithorn Ruengchinda - Leave a Comment

Polestar, the electric-car maker Volvo Car AB and its owner, Zhejiang Geely Holding Group Co., will produce its new Polestar 3 SUV at Volvo’s U.S. plant in South Carolina. Polestar …

Volvo-Geely Polestar Brand to Build Next Electric SUV in U.S. Read More

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