Category: Polestar

Polestar partners with Geely’s Meizu to make in-car operating system that caters to Chinese consumers

Polestar will own 49 percent of the joint venture, with Xingji Meizu holding the remaining 51 percent.

(Image credit: CnEVPost)

After acquiring smartphone maker Meizu last year, is integrating it with car brands under its umbrella.

Swedish electric vehicle (EV) maker Polestar said today it has formed a joint venture with Xingji Meizu to build an operating system for Polestar cars sold in China.

Polestar will own 49 percent of the joint venture, with Xingji Meizu holding the remaining 51 percent, according to a statement.

The joint venture will build on Xingji Meizu's existing operating system, Flyme Auto, for Polestar's smart operating system, Polestar OS, for the Chinese market.

The system can be integrated with cell phones, augmented reality smart terminals and user service applications to create a borderless digital ecosystem, Polestar said.

China is one of the fastest-growing EV markets in the world, with distinct consumer trends, notably the deep integration of consumer electronics and cars, said Polestar CEO Thomas Ingenlath.

Through this partnership, Polestar and Xingji Meizu will provide Chinese customers with an experience that exceeds expectations, he said.

Originally a brand acquired by Volvo Cars, Polestar became independent with joint funding from Geely and Volvo, focusing on premium EVs and based in Gothenburg, Sweden.

In June 2022, Polestar went public on NASDAQ through a merger with a SPAC (Special Purpose Acquisition Company).

Currently, Polestar's models are all produced in Chinese factories.

Meizu was one of the first smartphone manufacturers in China, founded in 2003, and became one of the best-known phone makers in the smartphone era. However, the company's market share has declined severely over the past few years.

On July 4, 2022, Hubei Xingji Shidai Technology, a cell phone company founded by Eric Li, founder and chairman of carmaker Zhejiang Geely Holding Group, announced the completion of its acquisition of a majority stake in Meizu.

Xingji acquired a 79.09 percent controlling interest in Meizu and gained sole control of the company.

Last November, Meizu released the system, called Flyme Auto, saying it was a continuation of the Flyme mobile operating system for the smart cockpit.

In March, the Xingji Meizu Group was officially launched, and its executives announced at the time that the company would focus on mobile and in-car systems, XR technology and forward-looking technologies going forward.

With the new joint venture, Polestar is no longer an EV company, but a technology company with multiple smart terminals, including cars and phones, Xingji Meizu CEO Shen Ziyu said today.

Polestar 4 launched in China with starting price of $50,870

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Polestar 4 launched in China with starting price of $50,870

The Polestar 4 went on sale in China on the first day of the Shanghai auto show with a starting price range of RMB 349,800 to 533,800, significantly higher than the Model Y.

(Image credit: Polestar)

Polestar 4, the new model from Polestar, the premium electric vehicle maker owned by Geely and Volvo Cars, went on sale in China with a starting price range that is higher than Tesla's Model Y.

Polestar launched the Polestar 4 yesterday on the first day of the Shanghai auto show, with a starting price range of RMB 349,800 ($50,870) to 533,800.

The car is available in six versions, including three single-motor versions with starting prices of RMB 349,800, 387,800 and 417,800 respectively, and three dual-motor versions with starting prices of RMB 453,800, 483,800 and 533,800 respectively.

This price range is significantly higher than that of the Model Y, currently the best-selling electric SUV in China, which is offered in three versions at RMB 261,900, 311,900, and 361,900.

The Polestar 4's single-motor rear-drive versions are powered by permanent magnet synchronous motors with a maximum power of 200 kW and a maximum torque of 343 Nm, accelerating from 0 to 100 km/h in 7.4 seconds.

Its dual-motor versions have two permanent magnet synchronous motors both with a maximum power of 200 kW at the front and rear, for a combined total of 400 kW, and accelerate from 0 to 100 km/h in 3.8 seconds.

For comparison, the entry-level rear-wheel-drive Tesla Model Y accelerates from 0-100 km/h in 6.9 seconds, the dual-motor all-wheel drive Model Y Long Range in 5.0 seconds, and the dual-motor all-wheel drive Model Y Performance in 3.7 seconds.

The Polestar 4 is available in two battery packs, with capacities of 88 kWh and 102 kWh, the former being used in the two least expensive versions and the latter in the other four versions.

The Polestar 4 has a CLTC range of 612 km to 709 km.

Polestar was founded in 2017 by Volvo and Geely, and the first product, the Polestar 1, was only available in limited numbers and has been discontinued.

The Polestar 2, which will be officially delivered in 2020, is the brand's first real production model on sale and will only be produced at the plant in Taizhou, Zhejiang province, in eastern China.

Polestar made the Polestar 3 SUV's global debut on October 12, 2022, when it announced its two versions with starting prices in China of RMB 880,000 and RMB 1,030,000, respectively.

On March 17, Polestar officially unveiled the Polestar 3 in China at a price that is nearly RMB 200,000 lower than the model's international debut last year.

($1 = RMB 6.8760)

Polestar 3 officially unveiled in China, price cut by about $29,080 from previous

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Polestar 4 to make global debut at Shanghai auto show on Apr 18

Polestar said the Polestar 4 will have the aerodynamics of a coupe and the space of an SUV.

(Image credit: Polestar)

Another new model from Polestar is coming, as the official debut of the Polestar 3 in China is just less than a month ago.

The all-electric high-performance SUV Polestar 4 will make its global debut on April 18, the first day of the Shanghai auto show, the premium electric vehicle maker owned by and Volvo Cars announced on April 11.

The upcoming biennial Shanghai auto show will be held from April 18-27, with press days from April 18-19, professional visitor days from April 20-21, and general public access from April 22-27.

Polestar's booth at the Shanghai auto show is located in Hall 6.2, and the company will hold a press conference on April 18 from 9:20 to 9:40.

The Polestar 4 will be the latest addition to Polestar's product family and will have the aerodynamics of a coupe and the space of an SUV, the company said.

The model is not a refinement of Polestar's existing SUV, but a newly built coupe SUV, said Thomas Ingenlath, CEO of the EV maker.

The Polestar 4 is derived from Polestar's Precept concept design ideas and will have new technology, the company said.

Polestar did not reveal any more information about the Polestar 4. It will present the Polestar 3 at the Shanghai auto show as well as the 2024 Polestar 2.

Polestar was founded in 2017 by Volvo and Geely, and the first product, the Polestar 1, was only available in limited numbers and has been discontinued.

The Polestar 2, which will be officially delivered in 2020, is considered the brand's first real production model on sale, although the model has not been well received in China.

On October 12, 2022, the Polestar 3 SUV made its global debut, when Polestar announced two versions with starting prices in China of RMB 880,000 ($127,770) and RMB 1,030,000, respectively.

On March 17, Polestar officially unveiled the Polestar 3 in China, with a price reduction of nearly RMB 200,000 from the model's international debut last year.

($1 = RMB 6.8873)

Polestar 3 officially unveiled in China, price cut by about $29,080 from previous

The post Polestar 4 to make global debut at Shanghai auto show on Apr 18 appeared first on CnEVPost.

For more articles, please visit CnEVPost.