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Polestar: Avoiding delays crucial to early success

GENEVA — Polestar wants to break away from electrified vehicle startups’ reputation for delayed production.

The performance brand spun out of Volvo Cars is finalizing production plans for its first vehicle, the Polestar 1 hybrid coupe.

As electrified vehicle startups struggle to establish steady production, Polestar CEO Thomas Ingenlath says meeting the brand’s target date and satisfying its first customers will be crucial. Ingenlath said Polestar will have a better idea of its production plans in the coming weeks when deposits on the Polestar 1 start coming in.

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