“The disruptions and heightened uncertainty caused by such tariffs could result in the first quarter actually turning out to be the high point for the year,” one economist said.
Automakers navigating the costly shift to EVs “can’t really leave any stone unturned” in their efforts to be more efficient, a researcher tells Tech Brew.
“We set out to apply what I think has made Rivian really successful to date, which is a vertically integrated, technology platform-centric approach,” Chris Yu, Also’s co-founder and president, tells Tech Brew.
“For consumers navigating higher prices in the short term, the promise of future gains may feel distant—at least for now,” Jessica Caldwell, head of insights at Edmunds, said.
“Tesla is kind of the 800-pound gorilla in the room,” one Escalent analyst tells Tech Brew.
“If they remove this piece of legislation, they’re doing it at the worst possible time,” CEO John Harris said of the Inflation Reduction Act, “and it will likely be the death of US automotive manufacturing as a meaningful global source.”
Tech Brew keeps business leaders up-to-date on the latest innovations, automation advances, policy shifts, and more, so they can make informed decisions about tech.
