Up-and-coming EV maker Polestar (PSNY) is launching a smartphone in December as its first electric SUV, the Polestar 4, begins rolling out in China.
Polestar’s CEO Thomas Ingenlath told CNBC that the EV maker plans to begin Polestar 4 production, with deliveries expected by the end of the year.
Ingenlath also mentioned that Polestar will take an innovative approach by launching its first smartphone in December. The new smartphone will carry the Polestar brand name while making its vehicles more like “mobile phones on wheels.”
The move comes as buyers in China prefer tech-oriented, connected experiences with the latest features.
Polestar’s new smartphone emerges from the EV maker’s alliance with Chinese tech company Xingji Meizu Group. Polestar formed a joint venture with the tech company in June to advance its in-vehicle operating system (OS) for the Chinese market.
Geely, Polestar’s parent company, bought a majority stake (nearly 80%) in Meizu last year to expand its digital platform solutions.
Meizu was once one of China’s most popular smartphone makers, known as a potential Android rival. However, the tech company lost market share to more prominent players like Xiaomi and Apple.
By partnering with Meizu, “we will be able to offer the locally tailored user experience that both drivers and passengers expect,” Ingenlath explained.
Meanwhile, with the tech company’s help, “Polestar will take the lead in the field of smart mobility,” Xingji Meizu chairman Ziyu Shen said.
Polestar 4 interior (Source: Polestar)
Ingenlath mentioned that the Polestar smartphone will be a “premium” device to link to its premium EVs. He added:
It’s not just good enough to bring a great European design to China, you have to be very, very special about what you offer to the market when it comes to software.
Polestar is not the only up-and-coming EV maker with launching a smartphone. China’s own NIO is also launching a mobile phone to improve the user experience.
NIO received its license to access the internet in China in July, crossing the last major hurdle before it can be sold there. However, the NIO phone is powered by Android.
NIO Phone teased (Source: NIO)
Without Google Android mobile OS, Polestar can customize the operating system on the phone while syncing it up to the car. Meizu is creating an OS for Polestar based on its own FlyMe.
Neil Shah, vice president of research at Counterpoint Research, told CNBC that launching a smartphone enables Polestar to bundle software, apps, services, and features (think Apple).
The smartphone will debut alongside its first electric SUV in China, the Polestar 4. Ingenlath says the Polestar 4 is positioned as “more premium, more luxurious” than Tesla’s Model Y.
Polestar 4 electric SUV (Source: Polestar)
The electric SUV will start at around $60,000 and is designed to take on rivals like the Porsche Macan.
Meanwhile, Polestar’s first electric SUV in the US, the Polestar 3, will begin production in the first quarter of 2024. It will launch in two versions (long-range dual motor and performance), with the standard model starting at $82,900 with up to 300 miles range expected.
Electrek’s Take
The Chinese auto market is rapidly transitioning to the digital, electric era. Domestic EV makers like BYD, NIO, and others continue gaining market share by offering unique user experiences.
Ford’s CEO Jim Farley has mentioned this before, saying he had a “real epiphany” after visiting China.
Farley explained, “It’s interesting to see how customers are no longer just attracted to traditional luxury brands with EVs or even hardware design anymore.” Instead, he said, “The best new brands are offering integrated digital, retail, lifestyle, and experience that are software-defined.”
Other legacy automakers, like Volkswagen and Audi, are outsourcing technology to help them attract local market share.
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Georgia BRIGHT, a statewide initiative to deliver affordable solar, kicked off its “No-Cost Solar Plan” in Atlanta yesterday, giving qualified homeowners a shot at roughly 400 fully prepaid rooftop-solar systems with zero upfront or maintenance costs. However, Georgia Bright’s No-Cost Solar Plan may lose its $156 million in grant money if the EPA steals back the Solar for All program’s entire $7 billion, which funded it.
On Earth Day (April 22) 2024, the Georgia BRIGHT Communities Coalition, including lead applicant Capital Good Fund, along with coalition member cities, Atlanta, Savannah, and Decatur, and dozens of other Georgia stakeholders, was allocated $156 million from Solar for All to bring solar to thousands of households statewide between now and mid-2029.
Families that earn 80% or less of their county’s Area Median Income can enter a drawing for the No-Cost Solar Plan now; a second drawing for another 400 systems is set for spring 2026.
“As the cost of living increases across our most vulnerable communities, this program will deliver significant savings to the households that need it most,” said Alicia Brown, director of Georgia BRIGHT.
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Those savings are already showing up. Pilot participant Christine Difeliciantonio saw her power bill plunge on her Columbus home from $224 in June 2024 to $50 in June 2025 after her panels came online, and she says the added resilience eases her mind during storms.
Nonprofits are benefiting, too. Trees Atlanta had 140 panels installed on their headquarters last November in the pilot program; the rooftop array went live in March and is on track to save about $3,000 a year, the carbon equivalent of planting 28,000 trees over 25 years.
What’s next for Georgia BRIGHT …
Georgia BRIGHT’s other programs in the works include its Residential Solar Savings Plan, offering custom rooftop installs with no upfront cost and guaranteeing households at least 20% savings on day one after factoring in the modest monthly payments. Georgia BRIGHT is also developing Community Benefit Solar, which lets businesses, houses of worship, and apartment buildings go solar so long as they share part of the financial benefits – think grocery gift cards, help with utility bills, discounted daycare, or rent relief – with eligible neighbors for five years. Finally, a Utility-Led Community Solar initiative will send grants to local utilities so they can run shared-solar programs designed specifically for low-income customers.
These programs really make a difference in a state like Georgia, which doesn’t offer any other solar incentives.
… if the EPA doesn’t steal its money
The New York Timesreported today that the Trump-led EPA is drafting letters to claw back the entire $7 billion Solar for All pot from 49 states, plus 11 nonprofit groups and Native American tribes. The grant money was awarded under President Biden’s 2022 Inflation Reduction Act. According to the Times‘ sources, the EPA plans to send termination notices this week, effectively erasing solar savings for nearly a million low-income families before the panels ever land on their roofs.
Legal groups are already gearing up for the fight. “If leaders in the Trump administration move forward with this unlawful attempt to strip critical funding from communities across the United States, we will see them in court,” Kym Meyer of the Southern Environmental Law Center told the Times.
If the EPA pulls the trigger on this cruel, senseless plan to steal solar from lower-income communities, it wouldn’t just kneecap Georgia’s new program – it would pull the rug out from under low-income solar projects nationwide. The fight over Solar for All is officially on. How about that energy emergency that Trump declared, eh?
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Tesla is in trouble, facing down hundreds of millions in fines on a single Autopilot wrongful death claim, accusations of covering up evidence, and plummeting sales in Europe, China, and the US. But, hey – that’s no reason to NOT give Elon a $29 billion bonus, right? Find out more on today’s troubling episode of Quick Charge!
We’re also helping Costco celebrate the first half-birthday of its EV marketplace, where you can get a great deal on a new Chevy Silverado EV capable of going more than one thousand miles on a single charge [insert 400 pages of fine print and disclaimers here–Ed.].
Today’s episode is brought to you by Retrospec, the makers of sleek, powerful e-bikes and outdoor gear built for everyday adventure. Quick Charge listeners can get an extra 10% off their next ride until August 14 with the exclusive code ELECTREK10, only at retrospec.com.
New episodes of Quick Charge are recorded, usually, Monday through Thursday (most weeks, anyway). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.
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Lucid Group (LCID) lowered its production goal for 2025, citing a changing market environment. Despite missing second-quarter expectations, the EV maker still has ambitious growth plans.
Why is Lucid lowering its 2025 production guidance?
After reporting Q2 earnings on Tuesday, Lucid said it now expects to produce around 18,000 to 20,000 vehicles, down from the previous 20,000 it had previously maintained.
The company said the updated production target reflects “the potential impact of continuously changing market environment and external factors.”
Despite reporting record revenue of $259.4 million, it missed Wall Street’s expectations of around $280 million. Lucid posted a net loss of $790 million, or 0.34 per share. With an adjusted loss per share of 0.24, the company also missed bottom-line estimates of a 0.21 loss per share.
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Lucid ended the quarter with $4.86 billion in total liquidity, including $3.63 billion in cash, cash equivalents, and investments.
Lucid Air (left) and Gravity (right) Source: Lucid
The reserve provides “ample flexibility,” according to Lucid, to fund operations, scale Gravity production, and invest in future platforms.
Lucid confirmed that it believes the liquidity is sufficient to fund it through the second half of 2026, when it will begin production of its midsize platform. The platform will have at least three “top hats,” including an expected midsize SUV and sedan. With prices starting at around $50,000, Lucid’s midsize models are expected to compete with the Tesla Model Y and Model 3.
Lucid Gravity SUV fitted with Nuro’s self-driving tech (Source: Lucid)
Last month, Lucid announced a partnership with Uber and Nuro to deploy 20,000 electric robotaxis over the next six years. Uber will invest $300 million in Lucid as part of the collaboration.
It’s also expanding awareness with the addition of a new brand ambassador, Timothée Chalamet. The multi-year partnership will launch with a new advertising campaign this fall.
Lucid delivery and production (Source: Lucid Group)
Despite lowering its full-year production goal, Lucid achieved its sixth consecutive quarter of record deliveries. Lucid delivered 3,309 vehicles in Q2 and produced 3,863 at its Casa Grande, Arizona, plant.
Despite the lower forecast, Lucid said it’s still “on track to significantly increase production” in the second half of 2025.
Like most auto brands, Lucid is preparing for a shakeup under the Trump Administration. However, Lucid already builds most components in the US, including the battery and powertrain. It’s also expanding its supply chain with new partnerships for domestic EV resources such as Graphite.
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