Polestar Barred from Selling New Cars in US Market by Trump Administration
Auf einen Blick
Polestar, the Swedish EV maker owned by Geely, cannot sell new cars in the US due to a Department of Commerce decision under the Trump administration's "Connected Vehicle Rule." The company will continue selling existing stock and focus on Europe.
KI-generierte Zusammenfassung
Warum es wichtig ist
The US Department of Commerce, under the Trump administration, has implemented the "Connected Vehicle Rule" to restrict vehicles with Chinese software or hardware from entering the US market.
Swedish electric vehicle manufacturer Polestar, owned by Chinese automotive giant Geely, will no longer be able to sell its new cars in the U.S. market, the company said on Thursday, as the Trump administration’s Department of Commerce refused to authorize the company to do so.
The decision was made as part of the administration’s so-called “Connected Vehicle Rule” that restricts cars with Chinese software or hardware from being sold in the U.S. Polestar had requested a special authorization to sell its vehicles in the U.S.
Polestar said it will continue selling its existing stock of Polestar 3 and Polestar 4 vehicles in the U.S., and that it will “continue to support customers, including providing access to its service network.” But the company also pointed out in a press release that 94% of its retail sales volume in the first quarter of 2026 came from markets outside the U.S.
The company said it is now “increasing its strategic focus on Europe.”
Offene Fragen
- Will Polestar appeal the decision?
- What is the long-term impact on Polestar's global strategy?
