To ensure that Volkswagen complies with China’s data privacy rules

To ensure that Volkswagen complies with China’s data privacy rules

Volkswagen AG will ensure that it complies with China’s “tough” new data protection regulations. This has moved the company from Giant Didi Global Inc. to Tencent Holdings Ltd.

Motorists are at risk of facing China’s data security, as electric cars and car drivers create a treasure trove, including information about popular destinations and routes to get there. Already Tesla Inc. cars are banned from military sites because of concerns that built-in cameras could collect sensitive data.

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VW’s new regulations are being “closely monitored,” “not just about electric vehicles, but about how we need to protect customers as a company to protect data,” China CEO Stephan Wollenstein said in an automotive first conference. half of sales.

The German-based company will adapt the organizational structure to ensure it is “completely tough” with the regulations, which are “quite tough,” Wollenstein said, without giving further details.

Highlights of the sales report:

  • VW delivered 1.84 million cars in the six months ended June 30, up 16% from a year earlier
  • He held on to the number. 1st place in the largest car market in the world, with an 18% market share
  • In June it delivered more than 2,900 of its new ID.4 sports utility vehicles. Tesla, which sold 28,138 locally built vehicles last month last week, unveiled a cheaper SUV from the Model Y last week, which will compete head-to-head with VW’s ID range.
  • Sales of the five-model ID range, which will be released this year, are expected to be between 80,000 and 100,000 vehicles by the end of the year.

Wollenstein said the current quarter is “dynamic and difficult to predict.” New outbreaks in Covid across Asia are forcing the closure of semiconductor factories, exacerbating a shortage of chips that have shrunk the global automotive industry.

(Read also | Volkswagen Dreams in the big EV space; Tesla aims to win by 2025)

“We expect the chip supply crisis to subside this summer and we expect this situation to improve in the second half of the year,” they said. weakened form “.

This story has been published without text changes from a wireless agency feed.

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