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What will be the response of major automotive companies to China's accusations by 2024 end?
2
Resolution / Starting Odds
All deny involvement • 25%
Some admit to compliance issues • 25%
All remain silent • 25%
Mixed responses • 25%
Official statements from automotive companies or news reports
Story
China Accuses Foreign Firm, Tesla Emphasizes Compliance
Oct 17, 2024, 02:16 AM
China's Ministry of State Security has accused an unidentified foreign company of illegally conducting geographic surveys in China under the pretense of autonomous driving research. The foreign company outsourced the mapping activities to a licensed Chinese firm. The ministry disclosed on Wednesday that the illegal data collection was part of an intelligent car project collaboration. Companies, including Tesla, have emphasized their compliance with Chinese laws and regulations following the ministry's announcement yesterday.
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Strengthen compliance measures • 25%
Increase diplomatic engagement • 25%
No significant changes • 25%
Other strategic changes • 25%
Pause investments in EU • 25%
Increase investments in EU • 25%
Shift focus to other markets • 25%
No significant change • 25%
Relocate production abroad • 25%
Lobby against tariffs • 25%
No significant action • 25%
Increase domestic production • 25%
Announce price cuts • 25%
Announce production increases • 25%
Announce new models • 25%
No significant response • 25%
Retaliatory tariffs • 25%
Diplomatic negotiations • 25%
No action taken • 25%
Other economic measures • 25%
Increase EU production • 25%
Increase non-EU production • 25%
No significant changes • 25%
Decrease EU production • 25%
Support the ban • 25%
Oppose the ban • 25%
Neutral stance • 25%
No official stance • 25%
Increase prices of EVs in the U.S. • 25%
Decrease prices of EVs in the U.S. • 25%
Withdraw from U.S. market • 25%
No significant change • 25%
Establish factories in Europe • 33%
Reduce exports to EU • 33%
Seek new markets outside the EU • 34%
Increase import tariffs on EU goods • 25%
File a dispute with WTO • 25%
Negotiate with the EU • 25%
No significant response • 25%
