Polestar's future in the United States has effectively come to an end after the Trump administration blocked the electric vehicle maker from selling its upcoming models, citing national security concerns over China-linked technology. The decision not only rattled investors but also raised fresh questions about the future of foreign-owned automakers in America.
The Trump administration is forcing Polestar out of the American market, with the electric vehicle manufacturer set to halt all US sales from its 2027 models onwards. The move triggered an immediate 5.7 per cent drop in the company's shares during early trading. The sudden withdrawal is a direct result of a US regulation known as the 'Connected Vehicles Rule'.
