Trump Admin permits Volvo to keep selling connected cars in the U.S.
Volvo Cars has secured an exemption from U.S. restrictions on Chinese-connected vehicle technology, allowing it to continue selling vehicles in the U.S. that utilize this technology. The authorization comes from the U.S. Department of Commerce following discussions about Volvo's governance and data security. This decision supports Volvo's expansion plans in the U.S., including the production of new vehicle models at its South Carolina factory.
- ▪Volvo Cars is exempt from U.S. restrictions on Chinese-connected vehicle technology.
- ▪The U.S. Department of Commerce granted authorization after discussions about governance and data security.
- ▪Volvo plans to expand its production in the U.S. with new vehicle models including the XC60 SUV.
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Volvo Cars reached an agreement with the Trump administration that exempts the automaker from a U.S. crackdown on Chinese-connected vehicle technology. The Swedish automaker, which is majority owned by China’s Geely Holding, said Tuesday that it received specific authorization from the U.S. Department of Commerce to continue importing and selling vehicles with Chinese connected car technology in the United States. Connected car tech involves the software that covers everything from syncing with phones to some automated driving features. Bloomberg was first to report the special authorization.
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