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Feds Killed Polestar and Spared Volvo. That Should Terrify You
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Feds Killed Polestar and Spared Volvo. That Should Terrify You

Hacker News·3 months ago
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The biggest car news and reviews, no BS Our free daily newsletter sends the stories that really matter directly to you, every weekday. The U.S. Federal Government is meddling with the automotive industry, the free market, and capitalism. Ironically, the current administration claims it’s for the latter two items on that list. But on Thursday, the U.S. Government essentially killed an automotive brand in America by forcing Polestar to stop selling new cars . Pandora’s Box continues to open with no end in sight. The precedent that’s being set is both dangerous, and the ending is unclear at this point. The U.S. Department of Commerce’s Bureau of Industry and Security denied Polestar an authorization under the current Connected Vehicle Rule to sell cars in the U.S. from model year 2027 on. That’s because Polestar is a subsidiary of Geely, a Chinese automaker. Ironically, Polestar’s sister brand, also owned by Geely, Volvo, was granted the authorization in May.…

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