Geely

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.

This is the first local equity financing in China's ride-hailing industry in 2021, and is an ice-breaker after the crackdown on Didi Chuxing.

Smart's new car will be built at a new plant in Xi'an, China, which will have an annual capacity of about 150,000 units.

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.