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Polestar (PSNY) CEO says rivals are falling into a trap by delaying EV plans

Baua Electric

Polestar has two high-margin electric SUVs, the Polestar 3 and 4, launching this year in key markets. Polestar’s Ingenlath told The Telegraph that automakers like Mercedes, Ford, Aston Martin and GM delaying EV plans were falling into a trap. He explained they would be left behind, given the complex process of launching new EVs.

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New EV electric car calendar

EV Central

All the new electric cars, electric SUVs and electric utes arriving in Australia in 2021, 2022 and 2023. ACE-EV X1 Transformer – Australian-based start-up plans a small range of affordable EVs focused on light commercial duties. $5 Aston Martin DBX PHEV and EV – electrified versions of AM’s first SUV on the cards.