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Biden announces steps to protect vehicle supply chains from China, Russia

Business Standard LogoBusiness Standard12h ago

Biden announces steps to protect vehicle supply chains from China, Russia - Business Standard

Quick Summary:

It will prohibit the import or sale of certain connected vehicle systems designed, developed, manufactured, or supplied by entities with ties to China or Russia.

This rule ensures that our critical infrastructure is not exposed to the risk of foreign adversary-controlled supply chains that could provide bad actors with the means to disrupt US critical infrastructure," the White House said.

The rule also includes a prohibition on the sale of connected vehicles in the United States by entities who are owned by, controlled by, or subject to the jurisdiction or direction of China or Russia - even if those vehicles were made in the United States.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-15 @ 06:38:36 (12 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 804 words

Reading Time: 5 minutes read

Sentences: 24 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25165819

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 301 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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