Polestar says Trump administration forcing it to end US sales

STOCKHOLM/WASHINGTON, June 25 (Reuters) - Polestar said on Thursday the Trump administration was forcing the electric-vehicle maker to stop selling vehicles in the United States beginning in the 2027 model year as Washington ramps up its crackdown on ‌Chinese vehicles.

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Shares of Polestar fell 5.7% in early trading.

The U.S. Department of Commerce did not grant Polestar authorization to sell cars under ‌the Connected Vehicles Rule, which restricts the import and sale of cars with connected-vehicle technology linked to China beginning with the 2027 model year.

Bluetooth, Wi-Fi, cellular connectivity and some satellite ​communications technologies are covered under the rules based on national security concerns linked to the ability of vehicles to collect sensitive data on American owners.

The rule was adopted in January 2025 under President Joe Biden, and has been kept in place under Trump.

The action marks the latest major move from the U.S. towards banning cars

Fuente original: Yahoo Finance (https://finance.yahoo.com/news/us-denies-polestar-authorization-sell-130146185.html)