Polestar’s plan to survive and thrive: How an idiosyncratic EV start-up will carve its place in the electric space

18 May 2024, 3:00 am

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Polestar’s plan to survive and thrive: How an idiosyncratic EV start-up will carve its place in the electric space
Image: EVCentral
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Polestar’s plan to survive and thrive: How an idiosyncratic EV start-up will carve its place in the electric space
Image: EVCentral

AutoExec Summary
Life is about to get hectic for Sino-Swedish start-up Polestar as competition intensifies in the EV market.

China is gearing up with a plethora of brands entering Australia, including Leapmotor, Xpeng, Zeekr, Lynk & Co, BYD, Chery, and GWM. Luxury brands like BMW, Porsche, and Volvo are also expanding their electric ambitions.

The market landscape is changing rapidly as Tesla and others reshape the industry, with Japanese brands also entering the EV market.

Polestar must navigate this competitive environment while maintaining its unique position as a performance-driven brand.

Brands mentioned: Polestar, Leapmotor, Xpeng, Zeekr, Lynk & Co, BYD, Chery, GWM, BMW, Porsche, Volvo, Tesla, Audi, Lexus, Ford, Hyundai, Zeekr, Lynk & Co, Lotus, BMW, Porsche, Cadillac.

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