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Polestar, A Rival To Tesla

MUNICH – According to the CEO of the Swedish electric car manufacturer Polestar, the business will also begin shipping its first sports utility vehicle to China in December.

The action highlights how EV manufacturers launching in China are putting technology at the centre of their offerings in a market where automobile consumers desire the newest features.

A (SUV) coupe, the Polestar 4. In order to accelerate expansion in the largest market for electric vehicles in the world, the business will sell its third model in China.

Polestar’s CEO, Thomas Ingenlath, told CNBC that the business intends to begin producing the Polestar 4 this year for the Chinese market, with deliveries scheduled for this year’s end. Additionally, Polestar will make the rare decision to release a smartphone bearing the company’s name.

Source (CNBC)

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