Although the US is not technically subject to the regulations, domestic manufacturers and suppliers must adopt them to do business in most of Europe from July 2024. It makes no financial sense for companies to produce vehicles with different standards, so it is likely to adopt the regulations across its product line, experts said Automotive news. Companies in China will likely do the same.
Argus surveyed 200 senior executives, including 100 from companies that make fewer than 10,000 vehicles a year and 100 from automotive suppliers with up to 25,000 employees.
Managers based in the US, Canada, Western Europe, UK, Turkey, Japan and Korea work directly or indirectly in cybersecurity, security, compliance, regulation, engineering, approval, quality and testing.
Argus surveyed small EV automakers because their architecture is more software-based compared to legacy brands’ internal combustion engine models, said Rachel Pekin, Argus vice president of marketing and strategic alliances . Automotive news.
