🛡️New Regulations to Secure Connected Vehicle Supply
Securing the Information and Communications Technology and Services Supply Chain: Connected Vehicles
Summary
This final rule, published by the Department of Commerce's (Department) Bureau of Industry and Security (BIS), sets forth regulations and procedures to address undue or unacceptable risks to national security and U.S. persons posed by classes of transactions involving information and communications technology and services (ICTS) that are designed, developed, manufactured, or supplied by persons owned by, controlled by, or subject to the jurisdiction or direction of certain foreign adversaries and that are integral to connected vehicles as defined herein.
Agencies
- Commerce Department
- Industry and Security Bureau
Business Impact
$$ - Med
The final rule imposes strict regulations on transactions involving Vehicle Connectivity System hardware and associated software from entities controlled by or subject to the jurisdiction of foreign adversaries (notably the PRC and Russia). Businesses engaged in connected vehicle technology must ensure compliance or face prohibitive measures, affecting supply chains and potential security risks. This has significant implications for manufacturers, importers, and suppliers in the automotive industry.