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

Fail File: Christine Rankin, Hospice Taupō CEO
Editor's Picks

Fail File: Christine Rankin, Hospice Taupō CEO

“My children, stepchildren and grandchildren are everything to me.”

Victoria Carter 25 Oct 2025
Cash or invest? What Allied Farmers could do with $7m
Markets Small Cap Wrap

Cash or invest? What Allied Farmers could do with $7m

Plus, Promisia's insightful guidance, numerous AGMs, and more.

CEOs discover AI not a productivity magic bullet
Editor's Picks Artificial Intelligence

CEOs discover AI not a productivity magic bullet

Why are some businesses struggling to squeeze out productivity gains from AI?

Dileepa Fonseka 23 Oct 2025
FNZ case adds plaintiffs in latest legal twist
Finance

FNZ case adds plaintiffs in latest legal twist

Employee shareholders at FNZ are using a second entity.

Victoria Young 22 Oct 2025