Former Opel Chief Lohscheller becomes Global CEO of Polestar

The luxury electric car manufacturer Polestar will get a new CEO. The German Michael Lohscheller will take over the position on October 1st, the Swedish-Chinese company announced. Lohscheller was previously CEO at Opel, the Vietnamese car manufacturer Vinfast, and the US truck manufacturer Nikola. The current CEO, Thomas Ingenlath, who has led the brand for the past seven years since its founding, is stepping down.

Lohscheller brings "extensive expertise in the automotive industry," the announcement stated. Most recently, he served as President of the VDIK vehicle importers association, a position he now relinquishes. The company plans to expand its global presence under his leadership. "I feel honored to join Polestar at such an exciting time in the company's history," Lohscheller was quoted as saying. Polestar has established itself as "one of the most coveted and innovative brands in the field of electric vehicles." He looks forward to accelerating this development through collective effort.