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Polestar owners left ‘holding the bag’ after EV brand pulls out of the US
·1 min read
Key Takeaway
Last month, Polestar shocked the auto industry when it announced that it was pulling out of the US. The EV company's decision came after the federal government denied its authorization to continue selling its cars despite a rule banning vehicles with Chinese-made connected vehicle software.
The EV company's decision came after the federal government denied its authorization to continue selling its cars despite a rule banning vehicles with Chinese-made connected vehicle software. Polestar, which is headquartered in Sweden but majority owned by China's Geely, said it would stop selling its vehicles in the US starting with the 2027 model year.
For the thousands of Polestar owners and dozens of dealers in the US, it was a moment of disappointment and uncertainty. What would happen with their vehicles? Who would service them? Would …
What is "Polestar owners left ‘holding the bag’ after EV brand pulls out of the US" about?+
Last month, Polestar shocked the auto industry when it announced that it was pulling out of the US. The EV company's decision came after the federal government denied its authorization to continue selling its cars despite a rule banning vehicles with Chinese-made connected vehicle software. Polestar, which is headquartered in Sweden but majority owned by […]
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