The expansion in the country of companies such as Tesla Inc, NIO Inc and BYD Co has been accompanied by increasing number of EV businesses that run into financial difficulties. — Bloomberg
China needs to adapt regulatory measures to guard against Internet and data security risks associated with the development of intelligent vehicles, such as the unauthorised collection of personal information, according to an official at the information technology ministry.
“If regulatory measures cannot keep up in time, network security issues such as network attacks and network intrusions may post major security risks,” Xin Guobin, a vice minister with the Ministry of Industry and Information Technology, said at a forum in the city of Tianjin on Saturday.
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