Polestar

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.

Polestar Precept should have been a highlight of the electric car manufacturer at the Geneva Motor Show, but this international event has to be forced to cancel because of the new coronavirus pandemic.

Although many European and North American car productions are about to face the fate of production suspension, one car company, Polestar, is moving at full speed.

Geely still have an intention to invest in Nio, especially after the failed acquisition of Aston Martin, Geely needs new projects to improve its strategic layout, 21st Century Business Herald quoted people familiar with the matter as saying.

Volvo's Polestar brand recently released a preview image of its new electric concept car, which is expected to officially debut at the 2020 Geneva Motor Show that is set to open on March 3.