Reported 10 days ago
The US Commerce Department has announced that a proposed ban on Chinese vehicles and key technology could lead to a reduction of up to 25,841 auto sales annually, impacting competitiveness and potentially raising vehicle prices. The ban targets internet-connected vehicles and is part of efforts to mitigate national security risks, with implementation stages set for the 2027 and 2030 model years. Companies may apply for exemptions, but the rule could especially affect imports from Chinese manufacturers.
Source: YAHOO