How Disruptive Is the Connected Vehicle Rule?

Yeah. So, I mean, I I'll start by saying that we you know, my association, my organization, we've described this rule as one of the most consequential auto regulation in decades and and sort of why have we done that? I think there's sort of three primary reasons. One, something that Matt sort of hinted at but, I mean, this is this is new. This is different. This is requiring companies to build out massive new compliance structures and mechanisms and processes. You know, these companies have these structures in place for safety regulation and for emissions regulation but they don't have them for this type of thing. So, this is a new animal. It's requiring folks to exercise muscles that they've never had to exercise before. So that's hard in and of itself. Second, you know, also Matt hinted at this, you know, this is requiring auto manufacturers to have a level of visibility into their supply chains that they just haven't traditionally had. You know, as Matt hinted, I mean, we're it's tier one and tier two and tier three and tier four and tier five and onwards. And, you know, while auto manufacturers may have had some visibility into sort of tier one and tier tier two, the tiers below that is not something that they traditionally had a lot of exposure to. But as Matt said, this requires automakers to to get all the way down into the very, you know, bottoms of their supply chains, and and, that's gonna, you know, shake things up. And then finally, you know, this is going to require companies to make changes to their supply chains. Period. I mean there's not a ton of Chinese content in these systems now but there is some. And the rule is not very forgiving that, you know, there's no de minimis threshold. It's black or white. It's none. Period. Right? So, it's gonna require, you know, those companies with even a little bit of Chinese content, or involvement, to make changes. And, the last point I'll make on this is, you know, I'm sure folks on the call know, but, you know, automotive supply change supply chains are, complex. And, you know, there's interconnectedness within vehicle systems or between vehicle systems, and you make one small change one place, then there's sort of a cascading effect throughout, in some cases, you know, the whole vehicle and its entire system. And, you know, so changes to automotive supply chains are often I sort of equate them to, you know, like a steering a a large ocean liner, you know, in the middle of the ocean. It's really hard to do very quickly. This rule does have, as Christian noted, a little bit of time built in, but not very much. These are very aggressive timelines to make the sort of changes within automotive supply chains that folks may have to make.