Trump admin bars Polestar from selling its new EVs in the US
The Department of Commerce declined to give the Chinese-owned automaker a special authorization to keep selling EVs in the U.S.
The Department of Commerce declined to give the Chinese-owned automaker a special authorization to keep selling EVs in the U.S.
The country is dropping its import tax from 100% to just 6.1%, with an initial annual cap of 49,000 cars.
China’s Geely Auto is officially taking its luxury EV subsidiary Zeekr private, just over a year after the company debuted on the New York Stock Exchange.