Summary:
- Polestar, the electric vehicle (EV) brand owned by Volvo and Geely, is getting a new CEO as the company faces a slump in EV sales.
- The current CEO, Thomas Ingenlath, will be stepping down and will be replaced by Jörg Brandscheid, who previously held senior roles at Volkswagen and Audi.
- The leadership change comes as Polestar, like other EV makers, is grappling with a slowdown in EV sales amid global economic uncertainty and supply chain challenges.