China’s regulator about to tighten the usage and collection of data by car companies
China’s Cyberspace regulator just issued a release that they are about to tighten the usage and collection of data by car companies. This will likely affect Tesla but also homegrown companies like Nio & Xpeng. You can read the release here : http://www.cac.gov.cn/2021-08/20/c_1631049984897667.htm ( use google translate)
China's cyberspace regulator just released notice tightening the usage and collection of data by car makers effective on Oct 1, regulating smart car makers as internet companies. $TSLA $NIO $XPEV https://t.co/sBytCg4SU0— Junheng Li (@Junheng_Li) August 20, 2021
Source: https://wegoelectric.net/chinas-regulator-about-to-tighten-the-usage-and-collection-of-data-by-car-companies-such-as-tesla-nio/