polestar

Polestar secures $200M to fuel global EV expansion and rival Tesla’s market grip — TFN

Gothenburg, Sweden-based electric vehicle innovator Polestar (Nasdaq: PSNY) has secured a $200 million equity investment from PSD Investment Limited, a long-time backer and an entity controlled by Eric (Shufu) Li, founder and chairman of Geely Holding Group. The strategic capital injection will be used in Polestar’s growth trajectory as it scales up operations, launches new…

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China to lead global space weather network to monitor dangerous solar eruptions

China to lead global space weather network to monitor dangerous solar eruptions

China has set out to lead the construction of the world’s most comprehensive space weather monitoring and warning network, an ambitious ground-based system comprising the largest chain of observatories on Earth, passing through more than 10 countries and regions. The International Meridian Circle Programme (IMCP) is aimed at building a matrix of surveillance stations to…

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