CAKE and Polestar Announce Expanded Brand Partnership
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CAKE and Polestar Announce Expanded Brand Partnership
The electric vehicle brands strengthen their relationship
CAKE, the Swedish manufacturer of lightweight electric
motorcycles, and Polestar, the electric performance automobile brand owned by
Volvo Car Group and Zhejiang Geely Holding, today announced an expanded brand
partnership to showcase CAKE’s electric motorcycles into Polestar’s showrooms
in Europe, to start with.
The two Swedish companies began collaborating in 2019 when
the CEOs of both organizations recognized the shared brand values of their
businesses. Scandinavian design, electric powertrains, and a new take on
marketing, brand, and retail are just a few of the similarities that made both
companies eager to collaborate.
“Polestar feels a kinship with CAKE, sharing both a belief
in redefining performance and a passion for design. Our desire to help create
an electrified and emission-free future is a clear bridge between us,”
commented Polestar CEO, Thomas Ingenlath.
CAKE will collaborate with Polestar for events and customer
interactions, affording both brands the opportunity to reach new audiences and
to drive an exchange around a new, more sustainable future in which electric
transportation serves a central role.
“The motorcycle industry is undergoing a similar shift
towards electrification as the automotive industry. And with respect to those
shifts, CAKE is ahead of the curve,” remarked CAKE founder and CEO, Stefan
Ytterborn. “CAKE urges people to explore with respect and speed up the
transition towards a zero-emission society. We feel our high-tech bikes, with a
beautiful design, inspired people to do exactly that.”
About Polestar
Polestar is the electric performance car brand jointly owned
by Volvo Car Group and Zhejiang Geely Holding. Polestar enjoys specific
technological and engineering synergies with Volvo Cars and benefits from
significant economies of scale as a result. This facilitates the successful
design, development and production of separately-branded, electric performance
cars. Polestar launched in 2017 with the Polestar 1 – a low-volume Electric
Performance Hybrid GT with 609 hp, 1,000 Nm and an electric-only range of 124
km (WLTP) – the longest of any hybrid car in the world. In 2019, the Polestar 2
was revealed as the company’s first full electric, higher volume premium car.
In the future, Polestar 3 will join the portfolio as a fully electric
performance SUV.
Wednesday, May 13, 2020
CAKE and Polestar Announce Expanded Brand Partnership
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