Connect with us

Hi, what are you looking for?

Major Financial PartnerMajor Financial Partner

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

Business

After years of investing in self-checkout machines, some major retailers are starting to reverse course. Dollar General said it has eliminated self-checkout options at...

Editor's Pick

It was a very interesting week indeed. All-time high records continued to fall on a daily basis, but the complexion of the market most...

World News

Kamala D. Harris leaned into her background as a former prosecutor to attack Donald Trump in her first presidential bid in 2020 — a...

Editor's Pick

As a long-term stock trader, there’s one development in the stock market that takes me, and many others, to our collective knees. It’s a...