Trump administration bars Polestar from selling its new EVs in the US

The Trump administration has blocked Polestar from selling its new electric vehicles in the US due to its Chinese ownership. This decision affects Polestar's business operations in the US market. The company needs special authorization to continue selling EVs in the US, which was declined by the Department of Commerce. This move may impact Polestar's sales and customer base in the US. The company will need to adjust its sales strategy accordingly.

Source →
FeedLens — Signal over noise Last 7 days