Polestar cuts prices by up to $25,000 as U.S. market ban drives sales dip

Swedish electric‑vehicle maker Polestar is offering discounts of up to $25,000 on its 2026 Polestar 4 and up to $23,000 on the Polestar 3 as the brand prepares to cease selling new cars in the United States from the 2027 model year. The price cuts, paired with 0% financing offers, aim to clear existing inventory while the company continues to service U.S. customers and sell second‑hand vehicles.

The discount comes after the U.S. Commerce Department denied Polestar authorization under the Connected Vehicles Rule, which blocks connected‑vehicle technology tied to China. The ban, affecting a company majority‑owned by China’s Geely, caused a 4% drop in quarterly sales to 17,296 units, with 80% of sales now coming from Europe. Polestar plans to launch the Polestar 5 later this year and continue production of refreshed Polestar 2 and Polestar 4 models.