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EV Dealership Struggles in a Tech-Tech Standoff

When geopolitics and tech collide, it’s the car dealers who suffer.

Owning an electric vehicle dealership has become a bumpy journey in the 2020s. Matthew Haiken, owner of Polestar Short Hills, faced numerous challenges, from the initial surge in demand during the pandemic to navigating federal tax credits and fluctuations.


Now, with the US Commerce Department denying authorization for Polestar to sell cars due to Chinese-made connected-vehicle technology, Haiken faces a significant setback. The company's decision to stop selling Polestar vehicles in the US from 2027 onwards has left his staff and customers feeling disheartened.


While Volvo received approval, Polestar was denied, leading to speculation over the discrepancy. Haiken argues that Polestar 'dropped the ball' but remains optimistic about national security measures.


Polestar aims to focus more on European markets, yet Haiken's dealership will continue servicing existing stock, as they have the volume to justify it. The implications for other dealerships remain uncertain, with vehicles likely being sent to nearby service centers.


This decision underscores the complex interplay between technology, geopolitics and consumer interests in the automotive industry, leaving many wondering about the future of electric vehicle sales in the US.

Original source:  https://www.wired.com/story/when-the-law-kills-your-polestar-electric-car-dealership/
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