Polestar appoints new members to board of directors

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Polestar has appointed two new additional members to its board of directors to aid the brand in becoming a standalone electric performance car company.

The first is David Richter who joins from Lime, a provider of last-mile mobility solutions including electric scooters, where he is currently the chief business officer. Living in the USA and having been educated at Yale Law School and Cornell University, Richter’s previous roles include vice president, global head of business and corporate development at taxi hailing service Uber, and positions in a number of startups in the legal and finance sectors.

The second new team member is Yankun Hou, who currently works for UBS as head of all industrial groups, APAC, and is presently based in Hong Kong. His previous roles at UBS include head of china research, chief china strategist, head of Asia autos and auto parts analyst. Before UBS, Hou also worked as regional head of autos and regional head of industrials for the Nomura/Lehman Brothers. Hou was also educated at the Cornell University in the USA and attended the Tokyo Institute of Technology in Japan, and the Fudan University in China.

Polestar says the two new additional members will aid the company’s acceleration of growth over the coming year.

Håkan Samuelsson, chairman of the Polestar board of directors, commented, “I’m delighted to welcome David and Yankun to the board. Complementary to the team, they bring broad experience and a deep understanding of startups and financial strategy that will help us accelerate our progress.”

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Rachel's career in journalism has seen her write for various titles at UKi Media & Events within automotive, tire and marine. Currently editor of ATTI, her favourite aspect of the job is interviewing industry experts, including researchers, scientists, engineers and technicians, and learning more about the groundbreaking technologies and innovations that are shaping the future of transportation.

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