Polestar (PSNY) CEO says rivals are falling into a trap by delaying EV plans
Baua Electric
MARCH 5, 2024
Polestar’s Ingenlath told The Telegraph that automakers like Mercedes, Ford, Aston Martin and GM delaying EV plans were falling into a trap. Ford’s CEO Jim Farley already said if you cannot compete with the Chinese, “then 20% to 30% of your revenue is at risk.” FTC: We use income earning auto affiliate links.
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