Geely

Geely Group sold 11,900 BEVs including battery swap-enabled models in March, up 538 percent from 1,864 in the same month last year.

Geometry has raised the prices of its models by RMB 3,000-7,000 ($1,100) due to factors including rising raw material prices.

Geely sold 12,239 BEVs including battery swap-enabled models in February, up 1,430 percent from 800 in the same month last year.

Polestar China achieved 471 percent year-on-year growth in 2021, increasing its retail network from 15 to 20 in the country.

Polestar is expected to double its global retail stores from 9 to 18 by the end of 2021, and double its global retail network to 100, the company said in a press release.

Polestar said Tuesday that Polestar 2 users can use their smartphones as car keys as an alternative to traditional keys.

Polestar entered into a strategic partnership with blockchain technology company Circulor on May 11, aiming to use blockchain technology to trace the origin of raw materials.

When it comes to supercars, Koenigsegg has come out with some pretty crazy projects like the four-passenger Gemera, while Polestar, on the other hand, brings some interesting electric cars. The biggest thing these two automakers have in common - both call Sweden home, but also just that.

Geely's high-end electric car maker Polestar plans to expand its stores in the country while preparing to launch a model to compete with Tesla's domestic Model 3, according to Reuters.

Polestar is an independent high-performance luxury electric brand owned by Volvo and jointly owned by Geely Automobile. Currently, Polestar has launched two models, namely the high-performance plug-in hybrid GT coupe Polestar 1, the medium-sized pure electric car Polestar 2.