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US Senate Bill Could Bar Mercedes-Benz, Polestar Sales Over China Ties

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A newly introduced US Senate bill seeks to ban Chinese automakers and vehicles with significant Chinese components or investment from American roads. The legislation is designed to safeguard American manufacturing and shield it from foreign competitive threats. Mercedes-Benz, which has substantial Chinese investment, could be prohibited from selling cars in the United States under the proposed rules. The bill would give affected companies like Mercedes-Benz until 2030 to meet the new ownership and investment requirements. Electric vehicle brand Polestar is among other automakers that could also face sales restrictions under the proposed regulation.

Read the full story at Times of India

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US Senate Bill Could Bar Mercedes-Benz, Polestar Sales Over China Ties · ShortSingh