Polestar recently reported a net loss of over $1 billion in the second quarter of 2025, driven largely by U.S. tariffs, pricing pressure, and a $739 million impairment charge related to its Polestar 3 SUV. The company also experienced a 56% drop in U.S. sales, raising concerns about its long-term financial stability. Tariffs are a major issue for EV makers that rely on international supply chains, and Polestar’s struggles highlight the broader challenges facing smaller automakers in a competitive market. For consumers, the news creates uncertainty about warranty coverage, future service availability, and resale values. Online discussions reflect anxiety among Polestar owners who fear declining brand support. The case underscores how global trade policies directly affect not just automakers but also everyday drivers who invested in these vehicles.
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- tariffs cause polestar to report billion-dollar loss in q2
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- polestar 3 recalled over water-damage risk in electrical system
- gm’s new adapters highlight ev charging standards confusion
- tesla model y auto window recall in australia over crush risk
- bmw recalls over 70k evs for possible power loss while driving
- uk warns charging must become as easy as filling up at the pump
- us states suing federal govt over ev infrastructure rollback
- limited battery recycling options raise environmental concerns
- electric car tire wear faster than expected
- charging station reliability problems drivers complain about
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- lack of charging stations in rural areas still a big problem