Polestar may be impacted by US ban on Chinese software, says Cantor Fitzgerald

Earlier this month, the Department of Commerce moved to ban Russian and Chinese software from vehicles in the U.S., Cantor Fitzgerald tells investors. Polestar (PSNY) currently manufactures most of its vehicles in China, and may be “materially” impacted by the ban, the firm says. Cantor has a Neutral rating on the shares.