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Polestar Autos announced on Wednesday that it has hired experienced senior automotive leader Michael Lohscheller as the company's CEO, replacing Thomas Ingenlath, who has held the position since the company's inception, effective October 1st.
Lohscheller has previously served as CEO of Opel, VinFast, and Nikola Motor Company, and he brings extensive industry knowledge, particularly in guiding competitive markets and expanding business.
In a statement, Lohscheller said, "I am honored to join Polestar at such an exciting moment in the company's history. Polestar has become one of the most popular and innovative brands in the electric car industry, and I look forward to working with the talented team to further develop and accelerate our growth on this solid foundation."