| CEO Name | Thomas Ingenlath |
| Nationality | Germany |
| Net Worth Estimation | $10 million |
Thomas Ingenlath, CEO of Polestar--a joint venture between Volvo Car Corporation and Geely--has an estimated net worth of around $10 million, primarily due to his executive compensation, equity stakes in Polestar, and a longstanding career in automotive design and leadership. His wealth reflects salary, stock options, and performance bonuses linked to Polestar's growth and valuation.
Thomas Ingenlath, CEO of Polestar, has an estimated net worth of $10,000,000, which is 2% of the maximum and 10 times the minimum net worth in the automotive business category range. His net worth positions him in the lower segment among CEOs whose estimated net worth ranges from $1,000,000 to $500,000,000.
Business Category: Automotive
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 500000000 USD
Thomas Ingenlath Performance in Polestar (Volvo Car Corporation and Geely joint venture)
Thomas Ingenlath, CEO of Polestar, drives innovation through decisive leadership focused on sustainable electric vehicle development. His strategic decision-making has accelerated Polestar's market expansion and strengthened its competitive positioning within the EV sector. Under Ingenlath's leadership, Polestar has significantly enhanced performance metrics, achieving impressive growth and bolstering its reputation as a premium electric car brand.
Latest News
Polestar's 2025 Growth and Leadership Amid Market Challenges
Polestar, a joint venture of Volvo Car Corporation and Geely, sold 44,482 electric vehicles in the first nine months of 2025, marking a 36.5% yearly sales increase, supported by a significant RMB 5 billion investment from Volvo and Geely to boost Polestar's development and production capacity in China. Despite these gains, Polestar faces pressure due to its Nasdaq share price falling below $1, risking delisting, though it continues adjusting its China sales model to sustain market presence.
Source: http://zgh.com/media-center/news/2025-10-13/?lang=en