The Bureau of Industry and Security (BIS) has denied authorization for Polestar, effectively halting the company’s plans to bring new electric vehicles into the U.S. market starting next year. The decision stems from concerns over potential supply chain risks tied to semiconductor restrictions, which could disrupt production. Without approval, Polestar’s upcoming models will face export barriers, leaving American consumers without access to the brand’s latest offerings. Industry observers warn this move could tighten competition in the EV sector and impact supply chains reliant on restricted components.
BIS blocks Polestar authorization, forcing new vehicles out of US market from 2027 digitimes