AD #4080 - Is GM Trying to Torpedo Ford Battery Plant?; U.S. Tariffs Will Raise Car Prices by $1,760; Zoox Starts Building AVs in California
About this episode
Trade tensions between the US and Japan are impacting the automotive sector, with tariffs threatening Japan's economy and raising vehicle prices in the US by an average of $1,760. Brazil is pushing to increase tariffs on imported EVs to protect its market from Chinese dominance. The Chinese auto industry faces overcapacity issues, though some plants remain profitable. Ford alleges GM is lobbying to block tax credits for its Michigan battery plant due to its ties with Chinese tech. Autonomous vehicle startup Zoox has opened a US plant for robotaxi production, while companies like Helm AI focus on vision-based autonomous driving tech.
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