The article discusses the implications of President Trump's recently imposed 25% tariffs on imported cars and parts, which are intended to encourage domestic manufacturing. However, it highlights that these changes won't occur in the immediate future. It also explores the challenges facing the global auto industry, already burdened by necessary investments in future technologies like electrification and software. The article notes a podcast episode that addresses Tesla’s challenges and Toyota’s unforeseen issues due to its hybrid success, adding further context to the evolving automotive landscape.
The ostensible idea behind President Donald Trump's new 25% tariffs on imported cars and parts is that they'll spur those cars and parts to be made in America.
the other is more in our lane: what it all means for a global auto industry that's already struggling with huge investments in electrification, software, autonomy and other future technologies.
Tesla's path forward after a very rough first quarter of the year, and how Toyota is becoming a victim of its own hybrid success.
Our podcast is available on the InsideEVs YouTube channel later today, plus all major audio platforms: Apple Podcasts, Spotify, and iHeart Radio.
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