{
    "success": true,
    "data": {
        "id": 1825809,
        "msgid": "chinese-linked-evs-kicked-out-trump-administration-blocks-polestar-sales-without-mercy-1782471132",
        "date": "2026-06-26 17:00:00",
        "title": "Chinese-Linked EVs Kicked Out: Trump Administration Blocks Polestar Sales Without Mercy",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Trade",
        "summary": "The United States has effectively banned Polestar from selling new vehicles from the 2027 model year, citing national security risks under the Connected Vehicles Rule. The Swedish-based, Geely-owned electric car maker saw its Nasdaq shares drop 6.3% following the Commerce Department's refusal to grant sales authorisation. Polestar will not appeal the decision and is pivoting its strategy to focus on the European market, where it generates the vast majority of its sales.",
        "content": "<p>Electric vehicle manufacturer Polestar is halting sales of new\nvehicles in the United States starting from the 2027 model year. The\naction was taken after President Donald Trump\u2019s administration refused\nto grant sales permission under the Connected Vehicles Rule. This policy\nis part of Washington\u2019s move to tighten restrictions on vehicles with\nlinks to China. The news immediately pressured Polestar\u2019s stock, with\nthe Nasdaq-listed company\u2019s shares plunging 6.3% in trading on Thursday.\nThe US Department of Commerce did not provide authorisation for Polestar\nto sell cars under the Connected Vehicles Rule. The regulation prohibits\nthe import and sale of vehicles using connected vehicle technology with\nlinks to China starting from the 2027 model year. Technologies affected\nby the rule include Bluetooth, Wi-Fi, cellular connectivity, and certain\nsatellite communication technologies. The US government assesses that\nthese features could potentially collect sensitive data from vehicle\nowners in America, posing a risk to national security. The rule was\nfirst enacted in January 2025 under President Joe Biden and has been\nmaintained under the Trump administration. This latest step strengthens\nUS efforts to limit the entry of cars manufactured or exported from\nChina, in line with Washington\u2019s policy to bolster the domestic\nautomotive industry. A number of US lawmakers have even proposed\nstricter rules, while Chinese-made electric vehicles are also subject to\nhigh import tariffs. Polestar, which is based in Sweden and\nmajority-owned by China\u2019s Geely Holding, stated it will continue to sell\nexisting stock of the Polestar 3 and Polestar 4 in the US. The company\nalso confirmed its after-sales service network will remain operational.\nHowever, Polestar has decided not to appeal the rejection. Polestar had\nwarned since 2024 that the connected vehicle rule would effectively ban\nthe company from selling cars in the United States, including vehicles\nmanufactured domestically. \u2018The automotive industry is entering a new\nphase based on regional dynamics. Our strategy reflects that, with\nEurope being our largest growth engine and plans to produce the Polestar\n7 in Europe,\u2019 said Polestar CEO Michael Lohscheller. Polestar is now\nincreasingly focusing its business on the European market after sales in\nthe United States continued to slump due to intensifying competition and\na slowdown in consumer spending. In the first quarter, only 6% of\nPolestar\u2019s sales came from the US market, while 78% originated from\nEurope. The company is still struggling to turn a profit, having\nreceived capital injections several times from its main shareholder,\nGeely, and Chairman Li Shufu. Polestar\u2019s share price has remained under\npressure, forcing the company to conduct a reverse stock split last year\nto maintain its listing status on the Nasdaq.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/chinese-linked-evs-kicked-out-trump-administration-blocks-polestar-sales-without-mercy-1782471132",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}