Transportation
US Curbs on Chinese EV Software Tech Risk Spreading Much Further
- Plan follows imposition of hefty US tariffs on Chinese EVs
- Move could close door on Chinese firms setting up in Mexico
Photographer: Qilai Shen/Bloomberg
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A US plan that would further limit Chinese electric cars via software and hardware curbs may have ramifications beyond the auto industry and could result in retaliation against US businesses in China, some analysts say.
US officials are set to unveil a proposal to ban the use and testing of Chinese and Russian technology and equipment in automated driving and vehicle communications systems, people familiar with the matter told Bloomberg News. The pending restrictions stem from an investigation into cybersecurity risks posed by Chinese vehicle software that President Joe Biden launched in March.