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  • 6 months ago
Taiwan’s economy ministry says it is reviewing new regulations banning indirect imports of Chinese cars. That's after reports that Chinese EV manufacturer BYD plans to enter Taiwan's auto market via assembling vehicles in Thailand and selling them through a local Taiwanese agent.

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00:00Taiwan's economy ministry says it's reviewing new regulations banning indirect imports of
00:04Chinese cars.
00:06That's after reports that Chinese EV manufacturer BYD plans to enter Taiwan's auto market by
00:12assembling vehicles in Thailand and selling through a local Taiwanese agent.
00:17Direct imports of Chinese cars are currently banned in Taiwan, and vehicles with Chinese
00:22components must meet strict localization guidelines.
00:25The ministry is reviewing regulations intended to address safety and national security concerns
00:30while protecting Taiwan's automobile industry.
00:33It expects to announce the new rules by the end of the year.
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