NewsDialy
A government rule about Chinese-controlled vehicle software just cost one automaker its entire US market, and the damage is now visible in its delivery forecast.
A delivery forecast, in plain terms, is the target number a company tells investors it expects to ship in a year.
Polestar Automotive Holding UK PLC (NASDAQ: PSNY) cut that number on September 3, lowering its 2026 expectation from low double-digit annual volume growth to low-to-mid single digits, implying roughly 61,900 to 63,100 vehicles, Reuters reported.
Shares fell as much as 16% on the news.
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