Geely Automobile Holdings Ltd

Attendees view a Polestar 2 electric vehicle (EV) during the Electrify Expo in Irvine, California, U.S., on Saturday, Sept. 18, 2021.Jill Connelly | Bloomberg | Getty ImagesSwedish electric vehicle maker Polestar said Wednesday that it still expects to deliver 50,000 vehicles in 2022, in line with its earlier guidance, despite Covid-related production challenges at its factory in China.Polestar said in a statement that it delivered about 21,200 vehicles in the January-to-June period, up 123% from the same period in…

Swedish EV startup Polestar will supply up to 65,000 vehicles to Hertz over five years, the two companies announced on April 4, 2022.Shares of Polestar are set to debut under the ticker "PSNY" on Friday, making it the latest electric vehicle maker to go public via a merger with a special purpose acquisition company, or SPAC.Polestar said its stock will begin trading on the NASDAQ exchange after it completed its merger with the SPAC Gores Guggenheim. Polestar CEO Thomas Ingenlath said the company will use the roughly $850…

Jidu, Baidu's electric car venture alongside Geely, revealed its first concept car on June 8, 2022.BaiduBEIJING — As Chinese companies race for a slice of the world's largest car market, they're betting heavily on assisted driving technology.China sold nearly 21.5 million passenger cars last year. That's roughly the equivalent of sales in the United States, Europe and Japan combined, according to industry data accessed through the Wind database.Electric cars have grabbed a growing share of that Chinese market. Tesla,…