Polestar halts US sales under Trump admin

Polestar announced that the administration of U.S. President Donald Trump is forcing the company to cease selling its cars in the United States starting with the 2027 model year, due to connected vehicle regulations linked to China that restrict the import and sale of cars equipped with technologies like Bluetooth and Wi-Fi for security reasons. The company's stock dropped by 5.7% following the announcement, while it will continue selling existing cars and providing maintenance services in the U.S. market. This move is part of Washington’s efforts to restrict access to Chinese vehicles and promote the development of the domestic auto industry, as Polestar shifts toward the European market and focuses on updating its current models.

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