Polestar and Zaptec to offer premium home charging solutions in Luxembourg

LUXEMBOURG – 4 June 2024. Polestar has announced a commercial and technical partnership with home charger provider Zaptec, bringing premium home charging solutions to its European customers. The collaboration also includes a long-term strategic partnership on future vehicle-to-grid (V2G) and bidirectional charging solutions, an important step in enabling electric vehicles to balance the electric grid.

 

The offer on the Zaptec Go will be available to Polestar customers in Luxembourg from today and includes installation and local customer support. The Red Dot design award-winning home charger is designed and developed in Norway with performance in mind. It delivers up to 22 kW charging capacity, supporting a fast and reliable home charging experience.

 

Lutz Stiegler, Polestar CTO says: “The partnership with Zaptec marks an important step in providing our European customers with seamless and effective home charging solutions. Together with Zaptec we will also continue developments on innovative charging tech to deliver features like smart charging, bidirectional charging and vehicle-to-grid to our customers in the future.”

 

"We're genuinely proud of this collaboration. Given Zaptec's high regard for quality and safety, it's only fitting to partner with those who share and understand our values. Entering into this partnership, we're embarking on an incredibly exciting journey in Europe, particularly with our vehicle-to-grid technology.", says Kurt Østrem, CEO of Zaptec.

 

The Zaptec Go wallbox is compatible with all Polestar cars, including the Polestar 2, Polestar 3 and Polestar 4.

End.

Evi Boits

Communications Manager, oona agency

Stefanie De Belder

 

 

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About Polestar

Polestar (Nasdaq: PSNY) is the Swedish electric performance car brand with a focus on uncompromised design and innovation, and the ambition to accelerate the change towards a sustainable future. Headquartered in Gothenburg, Sweden, its cars are available in 28 markets globally across North America, Europe and Asia Pacific.

Polestar has four models in its line-up: Polestar 2, Polestar 3, Polestar 4, and Polestar 5. Planned models include the Polestar 6 roadster and the Polestar 7 compact SUV. With its vehicles currently manufactured on two continents, North America and Asia, Polestar plans to diversify its manufacturing footprint further, with production of Polestar 7 planned in Europe.

Polestar has an unwavering commitment to sustainability and has set an ambitious roadmap to reach its climate targets: halve greenhouse gas emissions by 2030 per-vehicle-sold and become climate-neutral across its value chain by 2040. Polestar’s comprehensive sustainability strategy covers the four areas of Climate, Transparency, Circularity, and Inclusion.

Forward-Looking Statements

This press release contains statements that are not historical facts, but rather forward-looking statements within the meaning of Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Polestar or its management believes or anticipates may occur in the future. All forward-looking statements are based upon, as applicable, our current expectations, various assumptions and data available from third parties. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements, including those risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in Polestar’s Form 20-F, and other documents filed, or to be filed, with the U.S. Securities and Exchange Commission by Polestar. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update publicly or revise any such statements in light of new information or future events, except as required by law.