Connect with us

Hi, what are you looking for?

Smart Income LibrarySmart Income Library

Tech News

Waymo’s Chinese-made robotaxis face new headwinds thanks to Biden’s tariffs

Waymo robotaxi
Image: Abigail Bassett for The Verge

Waymo’s plans to expand its robotaxi fleet are facing new roadblocks thanks to the Biden administration’s trade policies.

The Alphabet-owned company had planned to introduce a new robotaxi manufactured by Zeekr, a subsidiary of China’s Geely. The cars are being designed in Sweden (where Geely owns Swedish carmaker Volvo), adapted from Geely’s all-electric five-door Zeekr. Waymo is then outfitting the cars with the hardware and software necessary for autonomous driving. The first new vehicles began arriving in the US earlier this year.

But the vehicles could be subject to newly restrictive tariffs from the Biden administration, which aims to stymie Chinese EV imports into the US. The administration said it would roughly quadruple…

Continue reading…

You May Also Like

Editor's Pick

In this edition of StockCharts TV‘s The Final Bar, Dave shows how breadth conditions have evolved so far in August, highlights the renewed strength in the...

Politics

Welcome to The Campaign Moment, your guide to the big developments in the 2024 election — and now the biggest development yet. (If you...

Politics

President Biden endorsed sweeping changes to the Supreme Court on Monday, calling for 18-year term limits for the justices and a binding, enforceable ethics...

Tech News

The Acemagic X1, a laptop with a side-folding second screen for multi-monitor use. | Image: Acemagic Ever since Razer brought a triple-screen laptop to...