Michael Lohscheller, with prior experience as CEO of Opel, VinFast, and Nikola, offers extensive knowledge in the automotive sector, especially in dealing with competitive landscapes and expanding businesses.
Swedish electric performance car brand Polestar has announced the appointment of Michael Lohscheller as its new CEO. Lohscheller, a veteran in the automotive industry, has a robust track record of spearheading operational excellence and strategic expansion. He succeeds Thomas Ingenlath, who has skillfully led Polestar since its founding and strategically positioned the brand for future growth. Ingenlath’s resignation takes effect on October 1, 2024.
Michael Lohscheller, known for his previous leadership roles as CEO at Opel, VinFast, and Nikola, is recognized for his extensive automotive expertise, particularly in competitive market navigation and business scalability.
Winfried Vahland, the incoming Chairman of Polestar, commented that Polestar has been successful in its initial start-up phase and is well-positioned with an expanding model lineup. He believes Michael Lohscheller is ideally suited to guide Polestar through its upcoming developments. Vahland emphasized that Lohscheller’s deep industry knowledge, particularly in operational excellence, cohesive product strategy formulation, and enhancing global market presence, will be vital for Polestar’s next phase of growth.
With its Scandinavian roots emphasizing passion and performance, Polestar aims to redefine standards in future individual mobility. Geely, continuing its deep commitment to Polestar’s success, supports this new chapter. With Michael Lohscheller at the forefront and backed by a dynamic leadership team, Polestar is poised for ongoing innovation and expansion.
Michael Lohscheller, speaking about his new position, said that Polestar has established itself as a highly desirable and innovative brand in the electric vehicle sector. He expressed his eagerness to work with the talented team at Polestar to further strengthen their solid foundation and accelerate their development.
Polestar’s vehicles are currently available in 27 markets worldwide, including North America, Europe, and Asia Pacific. The company aims to expand its portfolio to include five performance electric vehicles by 2026.
