EMCC European Monitoring Centre on Change

Polestar

Company/Organisation:
Polestar

Geographic Location

Country: Sweden
Region: Västra Götalands län; Västsverige
Location of affected unit(s): Gothenburg

Company

Sector: Manufacturing
Manufacture of transport equipment
29.1 - Manufacture of motor vehicles
Number Employed: 500

Employment Effects

Announcement Date: 19-01-2022
Type of Restructuring: Business expansion
Employment Effect Start: 19-01-2022
Planned Job Creation: 100

Additional Information

The electric car company Polestar has announced the recruitment of 100 new people at its global headquarters in Gothenburg, Sweden. New positions will be for software developers. The company’s ambition is to lead the digital development in the automotive industry and the digital units will be moved to new premises in Gothenburg.

Polestar was founded in 2017 and has expanded rapidly, aiming for an early listing in New York. The Swedish automaker Volvo Cars owns most of the shares. The company has many offices in Europe as well as regional offices in the United States and China. The headquarters in Gothenburg employs 500 people, including consultants.

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