Currently reading: Can Polestar's new management finally right the ship?
Appointment of a former CFO to lead the start-up tells all about its situation but there's hope on the horizon

Polestar’s announcement in August that it was switching CEOs provided a window on the ailing condition of the electric car start-up spun out of Volvo

The CVs of the two CEOs were instructive. Out went former design boss Thomas Ingenlath and in came former chief financial officer Michael Lohscheller. 

Ingenlath had been promoted from his role as head of design of Volvo in 2017 to form a new electric subsidiary with aesthetics at its core.

Seven years on, Polestar products have the looks and quality to match those of a mature car company.

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