💨 Abstract

The European Commission plans to propose legislation this year to grant insurers, leasing companies, and repair shops fair access to valuable vehicle data, ending a dispute over access to data between car services groups, Big Tech, and automakers. The connected car market could be worth hundreds of billions of euros by the end of the decade, with data including driving habits, fuel consumption, and tyre wear.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖