Subscribe
China

Polestar forms $200M software JV with Geely unit

Polestar 3 14.jpg
RL
By:
RAFAELA LINDEBERG
B
By:
Bloomberg
|
June 21, 2023 07:23 PM

Polestar Automotive Holding UK is setting up a $200 million software joint venture with tech company Xingji Meizu, also owned by parent Zhejiang Geely Holding Group Co., to keep up on digital features in China.

Featured Stories

Murky math: As auto parts cross borders, a bookkeeping nightmare unfolds
Murky math: As auto parts cross borders, a bookkeeping nightmare unfolds
U.S. steel, aluminum tariffs mean higher costs for automakers and suppliers
U.S. steel, aluminum tariffs mean higher costs for automakers and suppliers
Ram sees growth opportunities for freshened Heavy Duty trucks
Ram sees growth opportunities for freshened Heavy Duty trucks
Tesla brand damage? U.S. registrations sink 11% in January as EV rivals surge 44%
Tesla brand damage? U.S. registrations sink 11% in January as EV rivals surge 44%

Latest News

Skoda teases seven-seat electric SUV flagship
VW ‘needs time’ to boost U.S. production to offset tariffs, will wait and see for now
Murky math: As auto parts cross borders, a bookkeeping nightmare unfolds
WeatherTech CEO assembles $94M Florida estate
Staying current is easy with newsletters delivered straight to your inbox.

See More in China

New-car sales edge up 1.2% through February
Vehicle shipments rise 13% in first 2 months behind EV demand
China auto tech suppliers say trade barriers won’t stop growth
Chinese auto interiors supplier agrees to offload European business for 1 euro
Staying current is easy with newsletters delivered straight to your inbox.