The Swedish automakers Volvo and Polestar have each undergone an executive shakeup as both automakers face fresh headwinds of slipping EV demand, a shifting lineup strategy, new tariffs, and emerging global competition. Former Volvo CEO Jim Rowan left in March of this year and former Polestar CEO Thomas Ingenlath left in September of last year. Now, they’re both employed again, by the same parent company that owns both Volvo and Polestar: Geely Holding Group.
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