Weekly Update on the International Expansion of Renewable Companies 240315

The U.S.-Asia Sustainable Development Foundation (UASDF) is a non-governmental organization registered in the United States; its headquarters is located in Boston, Massachusetts, with branches in San Francisco, California, Shanghai, China, and other locations. The foundation is dedicated to promoting exchanges and cooperation between the industrial, academic, financial, and youth sectors in the field of sustainable development between China and the U.S., building a sustainable development community for humanity. Based on China and the U.S., with a global outlook, the foundation drives more stakeholders to jointly address climate change.

Recently, the ongoing security dispute between China and the U.S. in the field of electric vehicles has attracted widespread attention from the international community. During her visit to the Philippines, U.S. Commerce Secretary Raimondo expressed concerns that Chinese electric vehicles could pose a threat to U.S. national security and citizens' privacy, while President Biden took direct action by initiating a comprehensive security threat investigation against Chinese electric vehicles.

Foreign Ministry Spokesperson Wang Wenbin: The U.S. should abandon prejudice and adopt an open attitude towards the development of Chinese electric vehicles

At the regular press conference of the Ministry of Foreign Affairs on March 13th, in response to concerns from the U.S. side, spokesperson Wang Wenbin stated that the U.S. abuses the concept of national security, in fact, to suppress the development of competitive companies from other countries. He emphasized that the development of China's electric vehicle industry is based on technological innovation and market demand and does not pose a threat to the national security of any country. Wang Wenbin also pointed out that China has always maintained an open and inclusive attitude, welcoming companies from all countries to compete fairly in the Chinese market.

The Biden administration initiates a comprehensive investigation: Chinese electric vehicle software becomes a key focus

On Thursday this week, the Biden administration took action to prevent Chinese electric vehicles from entering the U.S. market and directed the Commerce Department to initiate a comprehensive security threat investigation. The focus of this investigation will be on the software used by Chinese electric vehicles, especially those that can collect and transmit vehicle operation data, driver behavior information, etc. The U.S. government is concerned that this software may be used to steal sensitive information, thereby posing a threat to U.S. national security.

Investigation details: Involving vehicle operation data, driver behavior, and other information

The investigation will deeply analyze the software used by Chinese electric vehicles, including examining the source code, data transmission mechanisms, etc. Investigators will also collect and analyze a large amount of vehicle operation data to understand the actual operation of Chinese electric vehicles in the U.S. market. Additionally, the investigation will focus on drivers' behavior information, including driving habits, travel routes, etc., to assess whether this information could be used for improper purposes.

The Biden administration intensifies technological restrictions: Seeking to maintain a competitive advantage in the electric vehicle field

The Biden administration has intensified technological restrictions on Chinese electric vehicles, aiming to maintain the U.S.'s competitive advantage in the electric vehicle field. As the global electric vehicle market rapidly develops, competition between China and the U.S. in this area is becoming increasingly fierce. The Biden administration hopes to restrict Chinese electric vehicles from entering the U.S. market to create more development opportunities for domestic automakers.

Future outlook: Coexistence of cooperation and competition, China and the U.S. need to jointly face challenges

Although there are many disputes and differences between China and the U.S. in the field of electric vehicles, there is still room for cooperation between the two sides. In the future, it is possible for both countries to cooperate in electric vehicle technology, markets, etc. However, how to maintain a competitive advantage in cooperation while ensuring national security and interests are not compromised will be a challenge that both sides need to face and solve together. The ongoing security dispute between China and the U.S. over electric vehicles and the comprehensive security threat investigation initiated by the Biden administration will further intensify competition and confrontation between the two countries in this field. However, the coexistence of cooperation and competition is the norm in current international relations. China and the U.S. need to maintain a rational and objective attitude, jointly face challenges, and promote the healthy development of the global electric vehicle industry.

Follow UASDF to get the latest information on the international development of new energy companies!

This content is sourced from:

  • New York Times Chinese website, Biden says Chinese internet-connected cars pose a risk to U.S. national security

  • China Daily Chinese website, U.S. Commerce Secretary Raimondo makes outrageous statements about Chinese new energy vehicles

  • Global Times, Does the Foreign Ministry agree with Raimondo's statements about Chinese electric vehicles? Response from the Foreign Ministry

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