Stock Market News

US to propose barring Chinese software, hardware in connected vehicles, sources say

2024.09.21 17:45

WASHINGTON (Reuters) – The U.S. Commerce Department is expected on Monday to propose prohibiting Chinese software and hardware in connected and autonomous vehicles on U.S. roads due to national security concerns, sources told Reuters.

© Reuters. FILE PHOTO: Flags of U.S. and China are seen in this illustration picture taken August 2, 2022. REUTERS/Florence Lo/Illustration/File Photo

The Biden administration has raised serious concerns about the collection of data by Chinese companies on U.S. drivers and infrastructure as well as the potential foreign manipulation of connected vehicles. The proposed regulation would ban the import and sale of vehicles from China with key communications or automated driving system software or hardware.

The department plans to give the public 30 days to comment before any finalization of the rules, the sources said, adding that the department plans to propose making the prohibitions on software effective in the 2027 model year and the prohibitions on hardware would take effect in January 2029. The Commerce Department declined to comment on Saturday.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 97,339.08 0.56%
ethereum
Ethereum (ETH) $ 2,806.08 2.67%
tether
Tether (USDT) $ 1.00 0.01%
xrp
XRP (XRP) $ 2.42 3.81%
solana
Solana (SOL) $ 200.26 3.40%
bnb
BNB (BNB) $ 576.62 0.41%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.258632 2.52%
cardano
Cardano (ADA) $ 0.746752 0.84%
staked-ether
Lido Staked Ether (STETH) $ 2,806.05 2.84%
tron
TRON (TRX) $ 0.224398 0.22%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 97,424.10 0.46%
chainlink
Chainlink (LINK) $ 19.41 3.38%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,345.74 2.75%
avalanche-2
Avalanche (AVAX) $ 26.16 2.56%
sui
Sui (SUI) $ 3.36 7.77%
stellar
Stellar (XLM) $ 0.331931 2.96%
the-open-network
Toncoin (TON) $ 3.83 0.52%
shiba-inu
Shiba Inu (SHIB) $ 0.000016 0.29%
hedera-hashgraph
Hedera (HBAR) $ 0.241672 4.52%
leo-token
LEO Token (LEO) $ 9.84 0.76%
hyperliquid
Hyperliquid (HYPE) $ 25.28 0.09%
litecoin
Litecoin (LTC) $ 105.62 2.94%
bitget-token
Bitget Token (BGB) $ 6.54 0.71%
weth
WETH (WETH) $ 2,807.06 2.59%
usds
USDS (USDS) $ 0.999716 0.02%
polkadot
Polkadot (DOT) $ 4.75 0.20%
bitcoin-cash
Bitcoin Cash (BCH) $ 328.47 1.19%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.10%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,975.40 2.54%
mantra-dao
MANTRA (OM) $ 5.82 0.30%
uniswap
Uniswap (UNI) $ 9.34 1.59%
monero
Monero (XMR) $ 235.33 8.00%
ondo-finance
Ondo (ONDO) $ 1.35 0.86%
pepe
Pepe (PEPE) $ 0.00001 0.54%
whitebit
WhiteBIT Coin (WBT) $ 27.52 0.69%
aave
Aave (AAVE) $ 263.00 2.02%
near
NEAR Protocol (NEAR) $ 3.30 2.70%
mantle
Mantle (MNT) $ 1.14 1.03%
official-trump
Official Trump (TRUMP) $ 18.58 4.78%
dai
Dai (DAI) $ 0.999552 0.02%
aptos
Aptos (APT) $ 6.00 2.03%
internet-computer
Internet Computer (ICP) $ 7.03 0.95%
ethereum-classic
Ethereum Classic (ETC) $ 20.75 0.03%
bittensor
Bittensor (TAO) $ 350.84 2.26%
vechain
VeChain (VET) $ 0.035181 2.93%
okb
OKB (OKB) $ 47.54 0.38%
crypto-com-chain
Cronos (CRO) $ 0.102012 4.05%
gatechain-token
Gate (GT) $ 21.23 1.87%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.314213 0.66%