Swedish EV maker Polestar appoints Michael Lohscheller as CEO (updated)

Nikola

28/08/2024 08:13

(Adds details and background throughout)
       Aug 28 (Reuters) - Swedish electric-vehicle (EV) maker
Polestar said on Wednesday that Michael Lohscheller will become
chief executive, replacing  current CEO Thomas Ingenlath,
effective Oct. 1. 
    Lohscheller, who has previously served as CEO of Opel,
VinFast  0TL.F  and Nikola  NKLA.O , is an automotive industry
expert, particularly in navigating competitive markets and
scaling businesses, Polestar said in a statement.
   Ingenlath joined the Swedish company, controlled by China's
Geely  GEELY.UL  in 2017 from Volvo Cars  VOLCARb.ST  where he
was senior vice-president of design. Prior to that he held
various design management roles at Skoda Auto and Volkswagen
 VOWG_p.DE . 



 (Reporting by Harshita Meenaktshi in Bengaluru; Editing by
Nivedita Bhattacharjee and Rashmi Aich)
 ((HarshitaMeenaktshi.R@thomsonreuters.com;))