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VisitSector most disrupted by ICTS regulations on vehicle supply chains by end of 2025?
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U.S. Proposes New ICTS Regulations on Connected Vehicle Supply Chains Involving China and Russia
Oct 11, 2024, 05:02 PM
The U.S. Department of Commerce has proposed new ICTS regulations targeting connected vehicle supply chains involving China and Russia. The proposed rule aims to secure these supply chains from foreign adversary threats by imposing significant new compliance requirements on automotive companies sourcing from these countries. The Bureau of Industry and Security (BIS) is spearheading this initiative, which includes a ban on imported Chinese hardware for advanced automotive features starting in 2029. The regulations are expected to disrupt existing supply chains and impact companies relying on Chinese or Russian technology.
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