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Ban on Chinese tech so broad, US-made cars would be blocked, Polestar says | Polestar says its decision-makers are in Sweden, and the company is listed on the NASDAQ.
Polestar says its decision-makers are in Sweden, and the company is listed on the NASDAQ.
China's domestic car market has been in decline for some months now, and the Chinese government has for years been heavily subsidizing its auto industry's exports as a way to undermine foreign competition in areas like green tech. Polestar also says that "if a large portion of manufacturing or software development is occurring outside of the country of a foreign adversary, mere ownership should not be the determinative factor for applying the various prohibitions within the Proposed Rule." In 2014 he decided to indulge his lifelong passion for the car by leaving the National Human Genome Research Institute and launching Ars Technica's automotive coverage.
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