Polestar, owned by Geely, reported a 4% year‑over‑year decline in second‑quarter retail sales, a downturn that arrived shortly after the company announced its exclusion from the U.S. market effective with the 2027 model year.
In Q2 2026, Polestar delivered approximately 17,296 vehicles, down from 18,026 units delivered during the same quarter a year earlier.
Excluding U.S. accounts, quarterly sales fell 3.9% to 16,175 vehicles, compared with 16,818 a year ago.
Over the first half of 2026, Polestar’s total retail sales lifted 0.4% to 30,423 vehicles, up from 30,289 in the first six months of 2025—a record the company highlighted.
When U.S. figures are omitted, first‑half sales increased 3.1% to 28,562 vehicles.
Polestar CEO Michael Lohscheller noted: “Achieving record sales in the first half of the year, amid regulatory and market headwinds, is a noteworthy accomplishment.”
He added, “We continue to progress across the business, driving robust growth in key markets such as the U.K.Compute, Germany, South Korea, and Iberia.”
Moving forward, Polestar will present retail sales figures separately with U.S. data excluded, following the latest U.S. authorities’ ruling under the Connected Vehicle Rule.
The automaker announced in late June that it would halt U.S. vehicle sales from 2027 onward after the Bureau of Industry and Security (BIS) within the U.S. Department of Commerce declined to approve its application under the rule.
The Connected Vehicle Rule is a national‑security measure that bars the import and sale of connected vehicles and their associated software and hardware linked to adversarial foreign nations, covering technologies including Bluetooth, Wi‑Fi, cellular connectivity and specific satellite communications. '=', class="text text-block paragraph text-left neo-font-paragraph-xl-reg eyeb-18d6y07" style="text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;">U.S. officials cited data concerns, including the collection of information from American drivers, as justification for the rule, which targets vehicles with ties to China.
Implemented in January 2025 during the Biden administration, the regulation remains in effect under the current administration.
Polestar indicated it will continue selling its remaining U.S. inventory of the Polestar 3 and MAIL-4 models.
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