Polestar (PSNY) CEO says rivals are falling into a trap by delaying EV plans
Baua Electric
MARCH 5, 2024
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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