The European Commission aims to propose draft legislation this year that would allow insurers, leasing companies and repair shops fair access to valuable vehicle data, according to its auto industry action plan to be published on Wednesday. Provided it gets the backing of member states, the law could end a tussle between car services groups, Big Tech and automakers that are all seeking to monetise in-vehicle data as they seek to develop new products and services. The data covers anything from driving habits to fuel consumption and tyre wear, and analysts have said it means the connected car market could be worth hundreds of billions of euros by the end of the decade.Read More
EU plans law to give car services groups access to vehicle data
By Foo Yun Chee
