Why Biden's quadrupled Chinese EV tariffs will have little immediate impact
The big headline from President Biden’s new tariffs on Chinese goods announced Tuesday was the massive hit to electric vehicles made in China.
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The big headline from President Biden’s new tariffs on Chinese goods announced Tuesday was the massive hit to electric vehicles made in China.
The top US auto-safety regulator opened an investigation into Waymo, the autonomous-vehicle subsidiary of subsidiary of Alphabet Inc., after 22 incidents in which the company’s cars were involved in collisions or may have violated traffic laws.
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I pay attention to how others perceive the car I’m in, whether it’s my own bargain-basement poverty-spec Camry, or a supercar. So I can assure you that the BMW 7 Series stands alone as the most fearsome vehicle I’ve ever tested. Finished in "Frozen Pure Gray" with all-black M accents, this car—a plug-in hybrid 750e xDrive—is downright evil. Cyclists yield. Pedestrians shuffle through crosswalks faster. Minivans leave the fast lane.
Ford made money in the first quarter of 2024. In its Q1 earnings reports announced on April 24, the company listed a net income of $1.3 billion. That's not exactly chump change, but the payout would've been much higher if Ford's electric vehicles weren't struggling. In fact, the Model e division (which includes all Ford EVs) lost just as much as the entire company gained. According to Bloomberg, Ford is now losing $100,000 on every EV it sells.
Some people think Mercedes-Benz has lost its way. Questionable design choices across its electric EQ lineup and four-cylinder hybrids in place of fire-breathing V-8s have mainstream buyers and enthusiasts alike wondering, ‘What’s going on in Stuttgart?’ But not all hope is lost, because the Mercedes-AMG G63 still exists. And it’s even better than before.
The Mercedes-AMG G63 is the best car Mercedes-Benz makes right now. While the company has largely turned away from fire-breathing V-8s, its long-standing retro-inspired off-roader is still rocking a 4.0-liter twin-turbo eight-cylinder for 2025, now supplemented by a 48-volt mild-hybrid system. But the engine is no longer the coolest part underneath the skin of the G63. That award now goes to its state-of-the-art suspension system.