> They've basically told China, "Please, take the loyal market we've built up these past 40 years. We don't need or want it. We want to die."
It is more complicated than that.
The Chinese government in the last decade made the life of foreign automotive brand un-manageable. Most of them (outside of the luxury market) are now getting out.
They enforces rules that are clearly designed for IP leaks and takeover.
For instance: For every vehicule sold in China by Toyota and others, the source of the software need to be sent to the Chinese authorities.
This is not a market that the Japanese want to stay in: They know they are playing against someone that cheats with the rules.
What I was saying had absolutely nothing to do with the Chinese internal market. I'm talking about Chinese companies making EVs and exporting them, consuming a market Japan should've logically taken.
any source or link to the specific regulation? in know localized data storage, cross-border assessments is a must, but don't know souce code is a must.
> any source or link to the specific regulation? in know localized data storage, cross-border assessments is a must
Toyota is well known to have an entire division in Toyota China dedicated to re-develop their stack just for the local market due to this exact reason.
It is more complicated than that.
The Chinese government in the last decade made the life of foreign automotive brand un-manageable. Most of them (outside of the luxury market) are now getting out.
They enforces rules that are clearly designed for IP leaks and takeover. For instance: For every vehicule sold in China by Toyota and others, the source of the software need to be sent to the Chinese authorities.
This is not a market that the Japanese want to stay in: They know they are playing against someone that cheats with the rules.