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World

Anan Ashraf

Polestar Vs. Nio: EV Makers To Clash Beyond The Road In Smartphone Battle

Polestar NIO China William Li Sweden Geely Porsche Tesla Inc. United Kingdom

A Polestar electric car is displayed at a downtown store in Shanghai, China, September 3, 2023. Polestar is planning to launch a smartphone carrying the brand’s name in China in December as it begins to deliver its Polestar 4. (CFOTO/GETTY IMAGES)

Sweden’s Polestar Automotive Holding UK PLC (NASDAQ:PSNY), seems to be taking an intriguing leap into the smartphone market, following in the footsteps of Chinese EV maker Nio Inc (NYSE:NIO).

A Polestar electric car is displayed at a downtown store in Shanghai, China, September 3, 2023. Polestar is planning to launch a smartphone carrying the brand’s name in China in December as it begins to deliver its Polestar 4. (CFOTO/GETTY IMAGES)

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