Sweden's Polestar (PSNY.O) reported a 4% fall in quarterly sales volumes on Thursday, weeks after the EV maker was handed a U.S. market ban ​starting in the 2027 model year, adding to its ongoing struggles ‌to turn a profit.

In the face of uncertain global EV demand, the company has shifted its emphasis on the European market, which accounted for 80% of its sales in ​the first half of the year.