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Canada Nickel Company Inc V.CNC

Alternate Symbol(s):  CNIKF

Canada Nickel Company Inc. is a Canada-based company, which is engaged in advancing the nickel-sulfide projects to deliver nickel required to feed the electric vehicle and stainless-steel markets. The Company owns flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. The Company also owns 25 additional nickel targets located near the Crawford Project. Its wholly owned NetZero Metals Inc. to develop zero-carbon production of Nickel, Cobalt and Iron and applied for the trademarks NetZero Nickel NetZero Cobalt and NetZero Iron across several jurisdictions.


TSXV:CNC - Post by User

Post by EndZonefor7on Feb 29, 2024 12:58pm
106 Views
Post# 35906927

National security risks posed by Chinese-made 'smart cars'

National security risks posed by Chinese-made 'smart cars'Biden orders US investigation of national security risks posed by Chinese-made 'smart cars' The Biden administration will investigate potential national security risks posed by Chinese-made smart cars that can gather sensitive information about Americans driving them WASHINGTON -- Citing potential national security risks, the Biden administration says it will investigate Chinese-made smart cars that can gather sensitive information about Americans driving them. The probe could lead to new regulations aimed at preventing China from using sophisticated technology in electric vehicles and other so-called connected vehicles to track drivers and their personal information. Officials are concerned that features such as driver assistance technology could be used to effectively spy on Americans. While the action stops short of a ban on Chinese imports, President Joe Biden said he is taking unprecedented steps to safeguard Americans data. China is determined to dominate the future of the auto market, including by using unfair practices,'' Biden said in a statement Thursday. Chinas policies could flood our market with its vehicles, posing risks to our national security. Im not going to let that happen on my watch.'' Biden and other officials noted that China has imposed wide-ranging restrictions on American autos and other foreign vehicles. Commerce Secretary Gina Raimondo said connected cars are like smart phones on wheels and pose a serious national security risk. These vehicles are connected to the internet. They collect huge amounts of sensitive data on the drivers personal information, biometric information, where the car goes,'' she told reporters late Wednesday. So it doesnt take a lot of imagination to figure out how a foreign adversary like China, with access to this sort of information at scale, could pose a serious risk to our national security and the privacy of U.S. citizens.'' Data collection is not the only concern, she and other officials said. Connected vehicles could also be remotely enabled or manipulated by bad actors. Imagine if there were thousands or hundreds of thousands of Chinese-connected vehicles on American roads that could be immediately and simultaneously disabled by somebody in Beijing,'' Raimondo said. So its scary to contemplate the cyber risks, espionage risks that these pose.'' Few Chinese cars are currently imported to the United States, in part because of steep tariffs the U.S. imposes on vehicles imported from China. Still, officials are concerned tariffs are not sufficient to address the problem. Some Chinese companies seek to avoid U.S. tariffs by setting up assembly plants in nearby countries such as Mexico. https://abcnews.go.com/US/wireStory/biden-administration-investigate-national-security-risks-posed-chinese-107667000
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