China has gradually lowered barriers to foreign investors entering the auto industry in recent years, but is now stepping up regulation and supervision of companies in the areas of cyber security and data protection. On April 7, 2021, the Ministry of Industry and Information Technology (MIIT) released draft “Guidelines for Approval of Manufacturers of Intelligent… Continue reading Automakers Must Implement the MLPS for Autonomous Vehicles
Tag: automotive
Covid-19 and Business: Learning from China
When it comes to business reactions to Covid-19, many Chinese companies are ahead of us. Take the automotive industry, for example: While managers of German brands in China stare spellbound at plummeting sales figures, competitor Geely is launching a corona-safe model on the market. The entire system of the SUV Geely ICON is equipped as… Continue reading Covid-19 and Business: Learning from China