Polestar believes that tariffs are very serious. CEO talks about the manufacturing industry in the United States
The Trump administration has proposed a comprehensive tariff strategy that may trigger inflation pressure from multiple departments, which makes the automotive industry particularly fragile.
Polestar Global (PSNY) CEO Michael Lohscheller discussed with high -end Autos Reporter Pras Subramanian how his company prepared for these potential trade measures for complete results.
Lohscheller pointed out: “Our view is that we are making local production locally in the United States. Obviously, tariffs are very serious.” He acknowledged Reduce potential challenges.
The car executive told Yahoo Finance: “Polestar has indeed gained motivation in the United States. This is the progress that we want to speed manufacture.
Lohscheller said: “This is a very good starting point that enables us to enter the market quickly.”
Watch a complete interview to hear Lohscheller’s insights on the competition in the field of electric vehicles.
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This article is from Angel Steus
