US Commerce Secretary Gina Raimondo said Chinese connected cars could collect 'a lot of data around US persons that goes right back to Beijing'

The planned tariffs might be a good pre-election move for Biden, but their impact on Chinese industries is likely to be limited

The debut gave Zeekr a fully diluted valuation of $6.8 billion, or about half the $13 billion it fetched after a funding round last year

Commerce Secretary said: "We could take extreme action, which is to say 'No Chinese connected vehicles in the United States' or look for mitigation," including safeguards, guardrails or other requirements."

Before a full FSD rollout, Tesla still needs Chinese approval to collect and transfer data that Tesla's cars need to train its driver-assistance features

The electric vehicle-maker's IPO will be the biggest in the United States by a Chinese company in more than two years

"BYD and the Chinese auto industry are very welcome in France," Finance minister Bruno Le Maire said at a meeting with car sector executives on Monday

Zeekr said on Friday it is looking to raise up to $367.5 million in its IPO, which will test investors' appetite for Chinese firms at a time of tense bilateral ties

By potentially allowing Tesla to roll-out FSD, Beijing may be hoping for the ‘catfish effect’ to accelerate research and development by Chinese EV-makers

Interest in local Chinese partnerships comes at a time when foreign carmakers are quickly losing share in the world’s biggest car market

Sources say the agreement with China's top internet firm on use of its data on China's public roads clears a final regulatory hurdle for Tesla's driver assistance system.

It's taken Huawei just four years to become a force in smart car technology even as US sanctions since 2019 hammered its businesses