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Market
Impact on U.S. Vehicle Sales of Chinese/Russian Brands by End of Q2 2025?
2
Resolution / Starting Odds
Significant decrease (>10%) • 25%
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Automotive industry sales reports and market analysis
Story
U.S. Finalizes Ban on Chinese and Russian Software and Hardware in Connected Vehicles
Jan 14, 2025, 02:21 PM
On Tuesday, the U.S. Department of Commerce finalized a rule banning Chinese and Russian components, including software and hardware, in connected vehicles due to national security concerns. The ban includes smart cars containing Chinese technology and affects personal internet-connected cars with a "sufficient nexus" to China or Russia. President Joe Biden's outgoing administration is implementing this measure in its final week in office, aiming to secure connected vehicle supply chains from foreign adversary threats and effectively barring nearly all Chinese cars and trucks from the U.S. market.
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