Swedish EV maker Polestar has now a new President for the Chinese Market. Feng Dan,that previously worked for SAIC-GM for eight years, started on Monday its role of leading Polestar China.
During his time at SAIC-GM, Feng served as the national sales director and head of the business unit of the Cadillac brand increasing sales in China up to 230,000 in 2021.
“Mr. Feng Dan has profound insights into the automotive industry and successful experience in brand growth. He will lead Polestar China into a new stage of development,” Polestar CEO Thomas Ingenlath said in a statement.
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Feng Dan said: “This is an exciting brand with a unique brand positioning and clear product planning. With the release of Polestar 3 and subsequent luxury pure electric models, we will continue to provide Chinese users with luxury products and Service experience. I look forward to leading the Polestar China team to deepen the Chinese market and further contribute to the global success of Polestar.”
Last week, Hertz’s agencies in Australia received the first 100 Polestar 2 amid the 65,000 Polestar EVs purchase announced last April. The country will also receive units from the upcoming SUV Polestar 3 in late 2022/ early 2023.
The Polestar 2 model was the best-selling EV model in Australia during June with 201 units sold and the third one in the first half of the year (the arrival was in March), only behind Tesla Model 3 and Hyundai Kona.
Recently, the largest U.S. EV subscription company Autonomy placed an order for 23,000 electric vehicles from 17 automakers including 200 Polestar 2 models.
The order with the Swedish EV manufacturer Polestar will generate $10.1 million of Revenue with an average cost of $50,500 per vehicle. Autonomy plans to “expand and diversify its subscription fleet” after starting its business with only Tesla models.