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Tariffs, tariffs, tariffs. If there is a certainty at this uncertain moment, it is this: it is likely that the tariff policy of the United States will change again. Until Friday morning, there is a 90 -day break on “reciprocal” rates placed in most countries. However, 10% base rates remain and President Trump has increased tariffs against China to approximately 145%.
Wedbush values analyst Dan IVES, reduced his price objectives to Apple and Tesla Because tariffs threaten to interrupt both companies.
However, they are not the only US companies that expect to feel the pain, and then decide whether to pass that to customers. The pause on higher rates imposed on the imported goods from Mexico and Canada provides relief to the transport sector. However, the sector, particularly EV companies that use LFP batteries (lithium iron phosphate), are highly exposed thanks to huge tariffs that are imposed on China imports.
We will closely follow the problem of rates, whose effects will not endure for months.
A bird
Almost a year ago, a small bird gave us a advice that caused a more months search for more information about a new EV secret company called Board. And boy, we discover a lot. Senior reporter Sean O’Kane He has all the details in this story, including that Jeff Bezos is supporting the company, along with other high -profile sponsors such as Mark Walter, the controller of the Los Angeles and CEO Dodgers and CEO of Guggenheim Partners, and Thomas Tull, who is a main investor of Re: Build Manufacturing.
But there is much more, including the history of Slate origin and its business model, as well as a second story that confirms a recent spy take from its first product, an EV truck.
Do you have advice for us? Send an email to Kirsten Korosec in kirsten.korosec@techcrunch.com Or my signal in kkorosec.07, be o’kane in se.okane@techcrunch.com, or Rebecca Bellan in Rebecca.bellan@techcrunch.com. Look These instructions To learn to contact us through encrypted messaging applications or securedrop.
Business!
Welp, I have to admit that I didn’t see this deal. I’m talking about Lucid engines buying some of NikolaBanking assets.
Yes, the founder of Nikola and former CEO Trevor Milton, who was convicted of values fraud and recently forgiven by President Trump, wanted those assets. Milton encountered an icy reception. But Lucid was the winner, after committing around $ 30 million in cash and non -monetary considerations in exchange for the factory, Nikola’s lease at its Phoenix headquarters and “a certain machinery, equipment and inventory,” according to a presentation.
Other offers that caught my attention …
Capital of Ayanwhich provides financing of halical vehicles that serve private rental drivers and business drivers looking Financing compatible with Sharia of the partners of the institutional debt supplier for growth.
NowosA repair and maintenance startup of the European lithium ions battery, raised 6 million euros In a round directed by Impacture Venture Fund Shift4Good, with the participation of the Fair Capital Impact Fund for Dutch investors and Goeie’s Grutten Impact Fund. An additional of 3 million euros in debt financing is currently being collected.
NuroThe Startup of Autonomous Vehicles based in California, obtained $ 106 million in a round of the E series. The increase, which was a round round, carries the total financing of Nuro to $ 2.2 billion and its valuation to $ 6 billion. That is a valuation drop of $ 8.6 billion after money, Nuro secured after its D $ 600 million series in 2021. The sponsors in this round are mostly existing institutional investors, including T. Rowe Price Associate strategic partners.
Parallel systemswhich is developing autonomous electric charge technology, raised a series B series of $ 38 million directed by Anthos Capital with the participation of the Collolast Fund, Congruent Ventures and Riot Ventures, among others.
Notable readings and other little things
ADAS
ELON ALMIZCLEThe Government Efficiency Department has made cuts in the National Traffic Safety Administration on roads that “disproportionately affected” employees who work in the safety of vehicle automation.
Nissan plans to use automated driving software developed by Veil To reinforce your advanced driver assistance system from 2027.
Autonomous vehicles
Waymo You are preparing to use your robotaxis data, including the videos of the interior cameras linked to the identities of the drivers, to train models of generative AI, according to an unprecedented version of its privacy policy found by researcher Jane Manchun Wong.
Meanwhile, a Robotaxi Waymo in Santa Monica caused a traffic jam in a Chick-Fil-A after getting stuck at the entrance entrance.
Zoox It is deploying a small fleet of modernized test vehicles in the streets of Los Angeles.
Electric vehicles, load and batteries
Canoao CEO Anthony Aquila You can buy the assets of the EV Startup in bankruptcy, a judge ruled this week.
ELON ALMIZCLEThe political activities, which have fed the global demolition protests of Tesla, are affecting the company’s sales. Used Tesla listings have shot. And other brands, which still stay far behind Tesla in total sales, are seeing an increase. For example, Polestar Sales jumped in the first quarter of discounts such as their “Tesla Conquest” bonus.
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