Friday, June 26, 2026

Polestar (and Volvo) are owned by Geely

Polestar Barred From Selling Future EVs In US Under Connected-Vehicle Rule 


BY TYLER DURDEN
FRIDAY, JUN 26, 2026 - 09:40 AM

The U.S. has become increasingly irrelevant to Polestar's growth story.

The Geely-backed EV maker said Thursday that it is "increasing its strategic focus on Europe," where much of its growth is now centered. The shift follows a decision by the U.S. Department of Commerce's Bureau of Industry and Security not to authorize Polestar to sell future model-year vehicles in the U.S. under connected-vehicle rules aimed at limiting Chinese-linked technologies on American highways.

"This follows a decision from the U.S. Department of Commerce's Bureau of Industry and Security to not grant Polestar an authorization under the current Connected Vehicle Rule to sell vehicles in the U.S. from model year 2027 onwards," Polestar wrote in a statement.

Polestar said that 94% of its retail sales volume in the first quarter of 2026 came from ex-US markets, and that, following the US Commerce Department's connected vehicle rule, it is now "increasing its strategic focus on Europe."


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