EU Lawmakers Push Security Probe Into BYD Cars
European Parliament members are urging the European Commission to evaluate potential security risks posed by Chinese automaker BYD. Lawmakers expressed concerns over data privacy and connected vehicle access to critical infrastructure, while BYD maintains its data remains secure.
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More than a dozen European lawmakers urged the European Commission on Wednesday to assess whether BYD CO LTD-H vehicles pose a security threat and should face public procurement bans. The push follows a recent U.S. military ban on the automaker's cars at an overseas base over unmitigated risk concerns. Investors are monitoring potential procurement restrictions that could impact the carmaker's expansion across the bloc.
