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Polestar Denied U.S. Authorization for New Sales From 2027, Shares Drop

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Sig4.60Sen-6.70Env0.00Soc0.00Gov-2.00

Polestar said the U.S. Department of Commerce denied authorization for it to sell new vehicles in the United States from model year 2027 onward. The company does not plan to appeal and will keep selling only existing inventory while shifting focus to Europe and continuing investment in other growth regions, citing the Connected Vehicle Rule tied to China or Russia.

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