Giltrap's Polestar brand plans to rival Tesla

Giltrap's Polestar brand plans to rival Tesla
Polestar will join a broad family of brands at Giltrap. (Image: Supplied)
Matt Martel
Electric car maker Polestar will launch in New Zealand later this year, after striking a deal with mega distributor Giltrap Group.Global CEO Thomas Ingenlath said the new government EV feebate was a factor in bringing the Volvo-spawned brand to New Zealand.Polestar is jointly owned by Volvo and China’s Geely, which also currently owns Volvo, but is looking to independently list it.It will be only the second pure electric brand in New Zealand and aims to be a “serious challenger” to Tesla, which has so far sold 910 cars here th...

More Editor's Picks

MoT to gauge market interest in toll road concessions
Policy

MoT to gauge market interest in toll road concessions

Investment bank Citi will assist the ministry. Transurban has already signalled interest.

Oliver Lewis 03 Jul 2025
Funding sought for new real-time prostate cancer diagnostic technology
Editor's Picks

Funding sought for new real-time prostate cancer diagnostic technology

As NZ trials start, researchers are already looking towards the huge US market.

Greg Hurrell 03 Jul 2025
Xero’s Melio ‘leap of faith’
Markets Analysis

Xero’s Melio ‘leap of faith’

The NZ-founded company’s giant-killer dreams in the US hinge on this huge bet. 

Pattrick Smellie 01 Jul 2025