Polestar Exits US Market, Abandons Appeal, to Discontinue Sales from 2027 Models Onwards

Polestar has confirmed its exit from the US market after deciding not to contest the federal government's ban on selling its electric vehicles, which will apply to models launched in 2027 and later. The US Department of Commerce restricted Polestar's sales due to national security concerns, and the company chose not to appeal the decision, focusing instead on other markets. While existing inventory can still be sold in the US, future sales will cease once stock is depleted. The fate of the Polestar 3 produced in the US remains uncertain. Dealers face uncertainty, with some having invested millions in expanding sales hubs ahead of the Polestar 4 SUV's launch. Despite its small US sales share (6% of global sales in 2023), the decision to prioritize other markets reflects a strategic shift impacting its distribution network and future operations.