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What will be the impact of the proposed ban on Chinese software on the stock prices of major U.S. autonomous vehicle manufacturers by February 5, 2025?
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Stock market data from reputable financial sources
Story
U.S. Commerce Department to Propose Ban on Chinese Software in Level 3 and Above Autonomous Vehicles
Aug 5, 2024, 01:30 AM
The U.S. Commerce Department is expected to propose barring Chinese software in autonomous and connected vehicles in the coming weeks. This move, aimed at addressing national security concerns, would apply to Level 3 and above autonomous vehicles. The proposal, reported by Reuters and other sources, highlights the growing tension between the U.S. and China in the technology sector. The ban would also prevent the testing of Chinese software in these vehicles and includes some Chinese wireless communications hardware.
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