Mercedes risks US sales ban under Senate China bill

Financial Times: Mercedes, a German automaker that is 20 per cent owned by Chinese groups, has been lobbying the Senate commerce committee to dilute the Connected Vehicle Security Act, which would also in effect ban the import of battery systems from China’s CATL, the world’s biggest battery maker.

The panel will vote after debating amendments to the bill. The measure bars automakers from selling connected vehicles — that use hardware and software for communications — in the US if they are more than 15 per cent owned by Chinese groups…

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