Polestar cuts full-year delivery forecast after US bars China-linked EV maker
The Swedish EV maker lowered annual volume growth expectations to low-to-mid single digits after losing U.S. sales access, and shares fell 5.7%.
4 Articles
4 Articles
In the US, Polestar is under massive pressure, because the Trump administration forbids the subsidiary of the Chinese car company Geely to sell vehicles in the US. The stock collapses.
Polestar cuts full-year delivery forecast after US bars China-linked EV maker - Regional Media News
Sept 3 (Reuters) - EV maker Polestar on Thursday cut its full-year delivery forecast, hurt by Washington's crackdown on Chinese-linked vehicles that forced it out of the United States. The Swedish company, which is majority-owned by China's Geely Holding, now expects its annual volume growth [...]
Polestar cuts full-year delivery forecast after US bars China-linked EV maker
Sept 3 (Reuters) - EV maker Polestar on Thursday cut its full-year delivery forecast, hurt by Washington's crackdown on Chinese-linked vehicles that forced it out of the United States, sending its shares down 5.7% in premarket trading. The Swedish com...
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