Electric vehicle manufacturer Polestar is facing a major setback in the US market, with the company announcing that it will be ending sales in the country due to what it claims is pressure from the Trump administration. The Swedish luxury brand, which is owned by Chinese conglomerate Geely, has been struggling to comply with stricter emissions regulations imposed by the US Environmental Protection Agency (EPA). As a result, Polestar has been forced to make a difficult decision to withdraw from the US market, which has been a key growth area for the company. The move is likely to have significant implications for the US electric vehicle market, where competition is already fierce.
Polestar says Trump administration forcing it to end US sales Yahoo Finance
