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Stock impact report

Polestar Announces Leadership Change: Michael Lohscheller Appointed CEO

Polestar Automotive Holding UK Limited (PSNY) 
Company Research Source: Business Wire
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) announces that Michael Lohscheller, a seasoned automotive leader with extensive experience in driving operational excellence and strategic growth, will assume the role of CEO. 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.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240827828117/en/Michael Lohscheller (Photo: Business Wire)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. Polestar will be ambitiously expanding 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, sa Show less Read more
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