Jonas Engström Named Chief Operating Officer at Polestar

Polestar, the Swedish electric performance car brand, has announced the appointment of Jonas Engström as its new Chief Operating Officer (COO). With this new role, Jonas will take on the critical responsibility of overseeing the company’s daily operations and ensuring the successful delivery of its expanding car programs. Additionally, he will work closely with Polestar CEO Michael Lohscheller to translate the company’s vision and strategic goals into actionable plans that drive success across the organization.

Jonas brings over two decades of automotive industry experience to the role. He joined Polestar in 2021 as Head of Product and Program, where he played a key role in shaping the company’s vehicle lineup and ensuring efficient execution of product development. In July 2023, Jonas was promoted to Head of Operations, a position where he honed his skills in managing complex processes and delivering results. Before joining Polestar, Jonas held a series of senior leadership roles at Volvo Cars, including Head of Product Strategy, further solidifying his expertise in operational management and strategic planning.

Polestar CEO Michael Lohscheller expressed his confidence in Jonas’s ability to excel as COO. “With his unique combination of strong operational competence, strategic thinking, and humble leadership, Jonas is the perfect fit for this role,” said Lohscheller. “His track record speaks for itself, and I am excited to see how he will help Polestar continue its growth and innovation journey.”

As COO, Jonas will focus on driving efficiency and scalability within Polestar’s operations. This includes overseeing production, supply chain logistics, and the execution of Polestar’s ambitious expansion plans. His leadership will be instrumental in ensuring the company meets the growing demand for its electric vehicles (EVs) while maintaining its commitment to sustainability and cutting-edge design.

Polestar

Polestar (Nasdaq: PSNY) is a Swedish electric performance car brand with a mission to use design and technology to accelerate the global transition to sustainable mobility. Headquartered in Gothenburg, Sweden, the company operates in 27 markets across North America, Europe, and Asia-Pacific, with plans to expand into additional markets by 2025. Polestar’s vision extends beyond building premium electric vehicles; it aims to push the boundaries of innovation while addressing the urgent climate crisis.

Currently, Polestar’s lineup includes three models:

  • Polestar 2: An electric performance fastback that combines advanced technology and Scandinavian design.
  • Polestar 3: An SUV designed for the electric age, offering a bold statement of sustainable performance.
  • Polestar 4: A transformed SUV coupé that redefines the segment with its futuristic approach.

Looking ahead, Polestar plans to expand its portfolio to include five high-performance EVs by 2026. Two of the upcoming models, Polestar 5 and Polestar 6, are already generating excitement. Polestar 5 is set to be an electric four-door GT that delivers exceptional performance and luxury, while Polestar 6 will be an electric roadster that encapsulates the brand’s design-driven ethos.

In addition to its product lineup, Polestar is making strides toward achieving its ambitious sustainability goals. The Polestar 0 project is at the forefront of the company’s efforts to create a truly climate-neutral production car by 2030. This groundbreaking initiative involves collaboration across the automotive supply chain, challenging employees, suppliers, and industry stakeholders to rethink processes and materials to achieve zero emissions. Through this project, Polestar aims to set a new standard for sustainability in the automotive industry.

Polestar’s commitment to sustainability is matched by its dedication to customer experience. The company’s cars are available for purchase online, reflecting its direct-to-consumer approach and focus on simplifying the buying process. With a growing global footprint and a strong emphasis on innovation, Polestar continues to redefine the future of electric mobility.

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