Swedish electric performance car brand Polestar has appointed Michael Lohscheller as CEO. Lohscheller is a seasoned automotive leader with extensive experience in driving operational excellence and strategic growth. Thomas Ingenlath, who has served as CEO since Polestar’s inception and successfully positioned the brand for its next chapter, has resigned, with the change effective 1 October 2024.
Michael Lohscheller, 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.
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.
With Scandinavian heritage, passion and performance Polestar will set new standards for future individual mobility. Geely remains deeply committed to Polestar’s success, and with Michael at the helm, supported by a dynamic leadership team, we are well-positioned for continued innovation and growth.”
Michael Lohscheller said: “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.”
Polestar’s cars are available online in 27 markets globally across North America, Europe and Asia Pacific. The company Polestar plans to have a line-up of five performance EVs by 2026.