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The Trump administration has suggested a comprehensive tariff strategy that can lead to inflationary pressure across multiple sectors, leaving the car industry especially at risk.
Michael Lahechiller, CEO of Polestar Global (PSNY) joins the dominance of the market alongside the great car correspondent Barras Supramian to discuss how to facilitate his company for these potential commercial measures for its full implementation.
“The way we see, it is extremely important to make locally here in the United States, and it is clear that the tariff is something we take very serious,” Lohschelle notes. It recognizes the possibility of the opposite winds in costs and pricing, but stresses that the American production is Posar, putting them in mitigating the potential challenges.
“Polestar really acquires momentum in the United States, and this is what we want to hurry to go forward,” said Yahoo Finance. He adds highlighting the current Policar manufacturing strategy, and adds that all Polisar cars are manufactured in the United States.
“This is a very good starting point and we are also able to be fast in the market,” said Lohscheller.
Watch the full interview to hear Lohscheller’s visions around the competition within the area of the electric car.
To see more expert ideas and analyzes on the latest market procedures, check more dominance on the market here.
This post wrote it Angel Smith