US blocks Polestar 2027 sales, shares slide in premarket

Polestar said the U.S. has not authorized the company to sell vehicles from model year 2027 onward, cutting off its future lineup in the American market.

The Sweden-based electric-vehicle maker said it would continue selling remaining Polestar 3 and Polestar 4 inventory in the U.S. and would keep its service network available for customers.

In premarket trading, Polestar shares fell more than 6.2% following the disclosure.

US decision stops future model-year sales

Polestar described the lack of authorization as effectively preventing it from selling vehicles in the United States starting with the 2027 model year.

The company did not indicate that current vehicles already in the country were affected. It said it plans to continue supporting existing owners through its service footprint while it sells remaining Polestar 3 and Polestar 4 stock.

Model years are a key regulatory and commercial marker for automakers, shaping what can be certified and marketed in a given year. Without approval for future model years, brands can face a hard stop on new sales even if earlier vehicles remain available.

Part of a broader push against China-linked vehicles

The announcement lands amid a wider U.S. effort to restrict vehicles manufactured in China and exported to the American market, a stance that has intensified as policymakers seek to reinforce domestic auto production.

Polestar is headquartered in Sweden but is majority-owned by China’s Geely Holding. That ownership structure and supply-chain footprint place the brand within the scope of growing U.S. scrutiny of China-linked automotive manufacturing.

The move represents another escalation in the policy environment confronting global automakers that rely on cross-border production networks. For EV makers in particular, battery sourcing and vehicle assembly locations have become central to market access.

Polestar signals Europe as priority as US demand softens

Chief executive Michael Lohscheller said the auto sector is moving into “a new phase” shaped by regional dynamics, and he pointed to Europe as the company’s largest growth engine.

Polestar also reiterated plans to manufacture the Polestar 7 in Europe, aligning production strategy more closely with the markets the company is prioritizing. Shifting manufacturing toward Europe could reduce exposure to U.S. policy barriers tied to China-linked production.

The company has been emphasizing European demand while U.S. sales have lagged amid intensifying competition and slower consumer spending. That backdrop has made the American market more challenging for smaller EV brands seeking scale.

For U.S. buyers, the immediate effect is likely concentrated on future product availability rather than service access. Polestar’s decision to keep its service network operating suggests it is aiming to protect current owners and residual values as it works through remaining inventory.

Next steps will center on how quickly Polestar’s existing U.S. stock is sold down, whether it can secure any pathway back to future U.S. approvals, and how its Europe-focused manufacturing plans translate into deliveries and revenue momentum outside the United States.