Wednesday, October 9, 2024
Electric VehiclesLatestNewsVehicle manufacturers

Michael Lohscheller to take over leadership of Polestar

Michael Lohscheller has been appointed as the new CEO of electric vehicle car maker Polestar – and will take charge from 1 October 2024 following the resignation of Thomas Ingenlath.

Lohscheller (pictured), who has previously served as CEO of Opel, VinFast and Nikola, brings a wealth of expertise in the automotive industry, particularly in navigating competitive markets and scaling businesses.

Thomas Ingenlath has served as CEO since Polestar’s inception.

Polestar is aiming to ambitiously expand its global footprint and its position as a leader in the premium electric vehicle market in the coming years.

Winfried Vahland, Polestar’s incoming Chairman, said:

“Polestar has experienced an exceptional start-up phase and with a broader model line-up, Michael Lohscheller is the ideal leader to guide Polestar into its next chapter. His deep industry knowledge, especially in driving operational excellence, developing a coherent product strategy and strengthening the global market presence will be instrumental in the next chapter of Polestar’s growth.”

Vahland also paid tribute to the contribution of Thomas Ingenlath, adding: “Thomas has been instrumental in shaping Polestar into the innovative and forward-thinking brand it is today, leading its transformation from a Volvo performance division into the only true global premium electric vehicle brand, with an outstanding focus on design, performance and premium qualities. We extend our deepest gratitude for his leadership.”

Michael Lohscheller commented:

“I am honoured to join Polestar at such an exciting time in the company’s history. Polestar has already established itself as one of the most desirable and innovative brands in the electric vehicle space, and I look forward to working with the talented team to build on this strong foundation and accelerate our development.”

Reflecting on his time at the helm, Thomas Ingenlath said:

“I am very proud of what we’ve achieved together in the last seven years. We had the vision of an electric premium brand which puts performance and design at its core. And we made it, the dream became reality: Polestar is the only true global premium electric brand, we just launched the Polestar 3 and 4, we are producing on two continents – thank you to everybody who contributed so far on this journey, it was a lifetime experience to build up this brand with you all. I wish Michael and the team the best for the next chapter of Polestar.”

Image courtesy of Polestar.

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