Volvo Car, Polestar—European Automakers with Chinese Ties—Face Ban from U.S. Market Over Wireless Connection Rule
Volvo Car (VOLCAR-B) and Polestar (PSNY)—two automakers with ties to Chinese ownership—face potential exclusion from the U.S. market under a national security rule covering virtually every modern vehicle that targets not just where cars are built or who writes their software, but who ultimately controls the companies themselves. Controlled by China’s Geely Holdings, Volvo Car […]
Apr 09, 2026
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