Clear obstacles for FSD system to enter the Chinese market? Tesla's "safety compliance" in China attracted attention from foreign media
Tesla CEO Mask concluded his visit to China on the 29th. Foreign media reported that one of the purposes of his trip was to promote the landing of Tesla's Fully Automated Drive (FSD) system in China. On the day he arrived in China on the 28th, the China Association of Automobile Manufacturers announced that the cars of six enterprises, including Tesla, met four compliance requirements for data security. In this regard, Foreign media generally believe that this has cleared a major barrier for FSD system to enter the world's largest automobile market.
On the 28th, the China Association of Automobile Manufacturers (CAAM) issued the Notice on the Detection of Four Safety Requirements for Automobile Data Processing (the first batch), BYD 76 models of 6 enterprises, including Ideals, Lutes, United New Energy, Tesla, and Weilai, meet the four compliance requirements for vehicle data security: anonymous processing of facial information outside the vehicle, default not to collect cockpit data, in vehicle processing of cockpit data, processing of personal information, etc.
For this news, Bloomberg believes that it will help ease some concerns about introducing the FSD system to the Chinese market. As a result, Tesla's US shares opened at $188.42 on the 29th, up about $20 from the previous trading day. AFP said that Tesla has always been committed to promoting sales through the FSD system, which needs to comply with strict data and privacy laws. According to previous public reports, Tesla vehicles have repeatedly encountered restrictions on entering airports and other public places in China.
Guotai Jun'an Analyst Wu Xiaofei thought in his research paper on the 29th that, Tesla's adoption of the national authoritative standards and requirements for vehicle data security is conducive to the comprehensive lifting of the prohibition on parking and driving of Tesla intelligent vehicles in China. In addition, Reuters reported on the 29th that Baidu, a Chinese Internet giant, had reached an agreement with Tesla to allow the latter to use its surveying and mapping license to collect data on Chinese roads. According to the report, the above agreement removes the last regulatory obstacle for the implementation of FSD system in China. However, CNBC quoted Warren Capital CEO Li Junheng as saying that as a foreign entity in China, Tesla faces challenges in supporting the local operation of the system. There are many high-quality local alternative software in China, which supports the promotion of FSD system in China "without strategic value".
Zhang Xiang, an expert in the automotive industry and a visiting professor of Huanghe University of Science and Technology, told the Global Times that, Tesla is facing severe market challenges, especially in National New Energy With the rapid rise of automobiles and the increasingly prominent advantages in technology and price, Tesla has to hope to use its FSD system to quickly reverse the passive situation. China is committed to promoting high-level opening up and actively providing a better business environment for foreign investment, which also gives Tesla confidence to continue investing in China and further explore the Chinese market.
Massive information, accurate interpretation, all in Sina Finance APP
