Polestar Moves Software Operations to India

Written by Camilla Jessen

Sep.27 - 2024 8:38 PM CET

Autos
Photo: Wikimedia Commons
Photo: Wikimedia Commons
Chinese-owned Polestar is setting up a new tech hub in India.

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The Chinese automaker Polestar will soon be expanding beyond just manufacturing cars in the United States. In the near future, much of the brand's software development and IT operations will be based in India.

The Polestar 3, which currently shares software with the Volvo EX90, will see this connection weaken as Polestar shifts its software development to India.

According to a press release from Indian tech giant Infosys, the majority of Polestar's software development will now take place in Bangalore, where a new division of Polestar has been established.

This new Indian division will handle everything from future infotainment systems to software and electrical technology, user experience, and on-demand services for the brand.

"Polestar is starting a new chapter in the company's global setup with our partner Infosys," says Sven Bauer, Polestar's Head of Software. "We look forward to building vehicle expertise in the Polestar Tech Hub to support our growing vehicle portfolio and new model launches."

The move to India comes just days before Polestar appoints a new CEO.

Michael Lohscheller, the former head of VinFast, will take over from Thomas Ingenlath, who was recently dismissed.

Following Ingenlath’s departure, Polestar's stock has surged by as much as 180 percent, pushing the value well above the one-dollar threshold required to remain listed on the Nasdaq exchange.

Polestar has assured that no jobs in Sweden will be affected by the shift to India. However, the brand may still face challenges in the future.

Polestar’s move to India is not unique in the automotive world. In 2008, Jaguar Land Rover was acquired by Indian conglomerate Tata, which purchased the company from Ford for $2.3 billion.