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Polestar announces Polestar 7 SUV amid flagging sales and regulatory hurdles

The EV manufacturer gave an update on its business without addressing its regulatory problems in the US.

The Biden administration recently finalized a ban on connected vehicle software from China, a move that Polestar has said would “effectively prohibit” it from selling EVs in the US. In fact, the US wasn’t mentioned at all during the 27-minute video — perhaps a reflection of the strong headwinds EVs are facing under the incoming Trump administration. He predicted “positive” adjusted earnings for 2025 and free cash flow, in which Polestar would be generating more money from its business operations than it is losing in 2027.

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