Brand & corporate | 12.12.18

Polestar appoints new Group CFO and Deputy Group CFO to strengthen global financial capabilities

To support its strategy of increasing independence, and to strengthen its global finance team, Polestar has appointed a new Group CFO and Deputy Group CFO. Ian Zhang joins Polestar as the new Group Chief Financial Officer on 01 January 2019 from his current position as Deputy Group CFO for Zhejiang Geely Holding Group.

Working with Ian Zhang will be Nils Mösko in the new role of Deputy Group CFO. Nils also joins Polestar on 01 January 2019 and moves from the position of Vice President of Investor Relations at Volvo Cars. He has previously held finance, treasury and controlling functions for Volvo Cars and Ford Motor Company.

“These management changes to Polestar’s finance department support our long-term strategy of becoming increasingly independent,” says Thomas Ingenlath, Chief Executive Officer at Polestar.

For images and other media information, visit media.polestar.com.

About Polestar

Polestar is the new electric performance brand from the Volvo Car Group. Polestar will enjoy specific technological and engineering synergies with Volvo Cars and benefit from significant economies of scale as a result of its connection to Volvo Cars. These synergies enable the design, development and production of separately-branded, high performance electrified cars.

Polestar begins this new era with the Polestar 1 – a low-volume Electric Performance Hybrid GT with 600 hp, 1,000 Nm and an electric-only range of 150 km, the longest of any hybrid car in the world. In the future, the Polestar 2 and Polestar 3 will join the portfolio as full battery-electric, higher volume, driver-focused vehicles.

Polestar also applies its technology and expertise to electrified Volvo cars. The new Volvo S60 T8 Polestar Engineered features key Polestar components to create a sharper and more engaging driving experience. Polestar optimisation software upgrades are also available for Volvo models, which enhance six performance areas including engine output. Polestar Engineered media information can be found at media.volvocars.com.