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Biden Calls Chinese Electric Vehicles a Security Threat
(www.nytimes.com)
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this post was submitted on 29 Feb 2024
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politics
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This is the best summary I could come up with:
President Biden took steps on Thursday toward blocking internet-connected Chinese cars and trucks from entry to the American auto market, including electric vehicles, saying they posed risks to national security because their operating systems could send sensitive information to Beijing.
China has rapidly scaled up its production of electric vehicles in recent years, setting it on a collision course with Mr. Biden’s industrial policy efforts that seek to help American automakers dominate that market at home and abroad.
Administration officials are eyeing other steps to further impede imports of Chinese vehicles, which have already surged through European markets, as a result of low prices driven in part by significantly lower labor costs.
The Treasury Department has already proposed rules meant to limit China’s ability to supply materials for cars and trucks that qualify for a $7,500 electric vehicle tax credit included in Mr. Biden’s signature climate bill.
The Commerce Department investigation announced on Thursday grew from a series of conversations that administration officials had with automakers last fall, after the settlement of a United Automobile Workers strike during which Mr. Biden stood with the union and joined a picket line.
Biden aides began to grow concerned about what might happen if the United States did not impose similar restrictions on Chinese software, which administration officials say only a handful of cars in America run on today.
The original article contains 808 words, the summary contains 226 words. Saved 72%. I'm a bot and I'm open source!