Polestar posts heavy Q2 loss, cuts sales forecast on US halt

Polestar reported a sharp quarterly loss of 4.4 billion kronor on sales of just over 17,000 vehicles, with US sales halted contributing nearly 1.3 billion kronor to the drag. The company lowered its full-year sales forecast, signaling continued operational strain. The results underscore persistent demand and cost challenges in the EV sector.