European Parliament seeks review of BYD security risks in Hungary
What happened
Members of the European Parliament called on the European Commission to evaluate whether BYD vehicles pose a security threat. The lawmakers requested the EU cybersecurity agency assess BYD's security risks and consider placing the automaker on a high-risk supplier list. BYD responded that data from its European vehicles cannot be remotely accessed from China.
From gasgoo.com
Why it matters
The request involves potential restrictions, such as excluding BYD from public procurement projects. This action relates to concerns over connected vehicles from third countries accessing sensitive European infrastructure.
From gasgoo.com
Who's involved
- European ParliamentCalled on the European Commission to evaluate security risks posed by BYD's operations in Hungary.
- European CommissionWas called upon by the European Parliament to assess security risks related to BYD's plant in Hungary.
- ChinaIs the country whose automotive interests are potentially targeted by regulatory action.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- ChinaSpeculative
Chinese automotive interests might face regulatory action, potentially impacting their revenue in the EU market.
Keep exploring
The entities involved
-
Hungary
country in Central Europe
-
European Parliament
parliament of the European Union directly elected by the citizens of the Union
-
European Commission
executive branch of the European Union