Polestar Appoints New CEO as it Prepares for Global Expansion

Polestar, the Swedish electric vehicle brand, has announced Michael Lohscheller as its new CEO, effective October 1, 2024. Lohscheller, previously CEO of Opel, brings extensive automotive experience to Polestar, which is poised for significant global growth. He replaces Thomas Ingenlath, who stepped down after leading the company since its inception. Polestar plans to expand into seven new markets, including Europe, Asia, and South America. The company aims to solidify its position as a leading electric vehicle brand, leveraging Lohscheller’s expertise to develop a coherent product strategy and strengthen its global presence.