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Polestar will not appeal the Commerce Department's ban on selling vehicles in the U.S. due to Chinese links. The Geely-backed EV maker's 32 U.S. dealers are frustrated after investing in facilities. A spokesperson said talks with authorities showed no reasonable chance of success.

Geely Auto's Galaxy brand opened pre-sales of the Galaxy TT Ultra sedan in China at 209,800 yuan ($30,900), limited to 999 units. The dual-motor all-wheel-drive electric sedan accelerates from 0 to 100 km/h in 3.8 seconds, has a 650-kilometer CLTC range, and charges from 10% to 80% in 11.6 minutes.
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