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Polestar raises almost $1 billion, sees margins improving in 2024

Polestar said it has raised a $950 million loan, helping to fill a gap left when Volvo said it would stop funding the EV maker.

Stockholm
Sweden
China
Chinese
Mark-potter
Ben-klayman
Marie-mannes
Thomas-ingenlath
Daniel-li
Volvo
Geely-holding
Reuters

Meizu is calling it quits on smartphones to go "all in on AI" |

Meizu, the Chinese consumer electronics company best known for its Android smartphones, has announced that it would no longer develop “traditional smartphones” and instead go “all in on AI” after manufacturing mobile phones for almost two decades.

China
Chinese
Shen-ziyu
Volvo
Geely-group
Lotus
Traditional-smartphone-projects
Smartphones
Polestar
Meizu-20-series
Meizu
Geely

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