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Xingji Meizu, a smartphone firm managed by Geely founder Eric Li, is forming a three way partnership with Geely-owned Sweden-based electrical automobile maker Polestar, to develop and promote EVs within the Chinese language market with in-car software program constructed upon the previous’s working system. Xingji Meizu will personal 51% of the JV and be answerable for arranging its future financing, with Polestar having a 49% stake within the firm, based on a Monday assertion. In the meantime, Polestar will switch round 130 native staff to the brand new agency, which can develop into the one gross sales and customer support entity for the Gothenburg-headquartered automaker in China. Beforehand, Lynk & Co, one other Geely-owned automobile model, stated on March 24 that its 08 sports activities utility automobile can be the primary mannequin integrated with Xingji Meizu’s Flyme Auto working system. [Polestar announcement]
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