The US Just Banned Polestar From Selling Cars, Even The One It Builds In America

Polestar can no longer sell new cars in the United States past the 2027 model year. The U.S. Department of Commerce’s Bureau of Industry and Security denied the EV maker, owned by China’s Geely group, the approval it needs to keep selling vehicles in America, citing the Connected Vehicle Rule. The company’s shares fell more than 5 percent in premarket trading.

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