business
Polestar says Trump administration forcing it to end US sales
Key takeaways
- REUTERS/Angelika Warmuth By Marie Mannes and David Shepardson Thu, June 25, 2026 at 10:25 PM GMT+7 3 min read PSNY By Marie Mannes and David Shepardson
- Shares of Polestar fell 5.7% in early trading.
- The rule was adopted in January 2025 under President Joe Biden, and has been kept in place under Trump.
Polestar says Trump administration forcing it to end US sales 1 / 2 Polestar says Trump administration forcing it to end US sales Polestar's newest EV, the Polestar 5, is displayed at the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth By Marie Mannes and David Shepardson Thu, June 25, 2026 at 10:25 PM GMT+7 3 min read PSNY By Marie Mannes and David Shepardson
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.
Shares of Polestar fell 5.7% in early trading.
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