Polestar: ‘We would like to team up’
ELECTRIC vehicle (EV) maker Polestar, founded by Volvo and Zhejiang Geely Holding Group, is open to partnerships to tackle the challenges of decarbonising the supply chain, its chief operating officer said on Tuesday (May 16).
“If we align with partners and say this is how we decarbonise the supply chain... we can make an impact... we would like to team up,” Dennis Nobelius said, speaking at the Reuters Automotive Conference in Munich.
Polestar, whose cars are produced by Volvo, lowered its 2023 production guidance last week and said it would cut headcount by 10 per cent amid a challenging environment for the industry.
Upscaling the EV market will require collaboration between carmakers, partners and suppliers on everything from traceability in the supply chain to greening the grid and tracking battery health, Nobelius said on Tuesday, emphasising the importance of creating cross-industry standards.
Being able to shift quickly in line with new technologies was also key to succeeding in the EV market, Nobelius said, taking the example of battery cell technology.
“We need to have the capability to shift cell chemistry every second year based on competition,” he said. REUTERS
GET BT IN YOUR INBOX DAILY
Start and end each day with the latest news stories and analyses delivered straight to your inbox.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Honda to invest US$808 million in Brazil by 2030
Chinese carmaker Chery to employ 1,250 people at Spanish plant
Lufthansa evaluates new China routes amid slow recovery in capacity
Taiwan says new Chinese air routes threaten islands' flight safety
Nissan cuts annual operating profit estimate by 14.5% on lower sales
Airlines scramble to change routes after Israeli attack on Iran