Volvo Wins US Approval for Connected Car Sales Despite China-Linked Ban
Updated
Updated · Bloomberg · May 26
Volvo Wins US Approval for Connected Car Sales Despite China-Linked Ban
2 articles · Updated · Bloomberg · May 26
Volvo said Tuesday it received a specific US Commerce Department authorization to keep importing and selling connected passenger vehicles in the United States.
The approval stems from an agreement with the Trump administration that lets the automaker avoid a broader US ban targeting connected vehicles tied to China.
Volvo Car AB is majority-owned by Zhejiang Geely Holding Group, a Chinese company, placing its US sales at risk under the planned restrictions.
The decision preserves Volvo's access to the US market even as Washington tightens scrutiny of China-linked automotive technology.
How will officials balance American jobs at Volvo's US factory against the data risks of Chinese-owned connected cars?
Is Volvo's deal a strategic blueprint for its parent Geely to penetrate the protected US auto market?