Polestar CEO on Electric Vehicle Growth

The video discusses the premium electric vehicle (EV) market, highlighting global demand trends and the impact of electrification. It addresses market strengths and weaknesses, particularly in relation to vaccination progress. Concerns about a potential EV market bubble and investor influence are raised, emphasizing the need for sustainable value creation. The video also covers supply chain challenges, especially semiconductor shortages, and the competitive landscape with traditional carmakers entering the EV space.

What is the primary factor driving the demand for EVs in the premium segment?

• Improved battery technology

• Government subsidies

• Electrification and market openness

• Increased fuel prices

What is the expected price range for the new Polestar model?

• 20,000 to 30,000 euros

• 30,000 to 40,000 euros

• 60,000 to 80,000 euros

• 40,000 to 60,000 euros

What concern does the speaker express about the EV market?

• Lack of innovation

• Insufficient charging infrastructure

• High production costs

• Becoming a speculative playground for investors

What is the main challenge faced by Polestar and other carmakers in the current market?

• Declining global demand

• High competition from new startups

• Semiconductor shortage

• Lack of consumer interest

How does Polestar view its position in the EV market compared to traditional OEMs?

• As a follower in technology

• As a unique player with a focus on emotional and physical attributes

• As a leader in cost efficiency

• As a niche market player