Car services groups on Friday warned a stalled EU proposal to ensure fair access to valuable vehicle data could pave the way for unfair competition from U.S. and Chinese tech companies.
The vehicle data tussle between carmakers and a coalition of insurers, leasing companies and repair shops underscores the huge potential of the connected car market, which consultancy Fortune Business Insights says could grow to 250 billion-400 billion euros by 2030.
Data ownership, however, is not clearly defined in EU law, which has spawned the current dispute between carmakers and those who want to access it. Car services groups are already concerned about the small number of players in the industry with access to the data, said Benjamin Krieger, secretary general of the European Association of Automotive Suppliers .
Another problem, which legislation could solve, is unstandardised data, said Laurianne Krid, director general of the Federation Internationale de l'Automobile, which promotes safety in motor sports.
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