In a shift by Tesla chief Elon Musk, data from China could be processed in the country to develop its full-self-driving system, sources said
Labour shortages at Toyota's plant in Tijuana, Mexico, have halted production several times and raised questions on whether other carmakers may face the same problems
US Commerce Secretary Gina Raimondo said Chinese connected cars could collect 'a lot of data around US persons that goes right back to Beijing'
Analysts say they foresee a shift to factories in Mexico, Vietnam or other parts of Southeast Asia, by Chinese carmakers and other firms in a bid to avoid US tariffs; Beijing accuses US of 'bullying'
New measures will affect $18 billion in Chinese imports such as steel and aluminium, 'legacy' chips, batteries, critical minerals, solar cells, cranes and syringes
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
Car exports jumped by 38% year-on-year to 417,000 units in April, after a 39% rise in March; but domestic sales were down nearly 6% from 2023
The US is likely to maintain tariffs on Chinese products and will reveal news next week on areas of strategic competition such as EVs and solar panels, sources say
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