Techcrunch Mobility: The Triple Punch Teaching for Automans

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I toured a few of the 10Q reports this week to learn how EV manufacturers love Rural and clear (Or even old car manufacturers that sell EVS) feels one punch of customs tariffs and the end of Federal tax credit. Although these documents are loaded with Legalese, it is clear that both economic developments are in the minds of their executive teams.

Rivian and Lucid make specific and multiple signals of the Great Grand Law Law (OBBA) in the Department of danger factors in 10QS. OBBA removes some tax credits for EV buyers and mainly reduces the value of the organizational credit market. Definitions and commercial policy risks also make a veil.

clear Notes in 10Q It is an evaluation of the OBBA effect. “If any of the company’s suppliers, sub -columns or partners, they are exposed to financial disorder, insolvency, or disturbances in operations, they may be unable to fulfill their obligations or meet the requirements of the company’s production and quality.” Meanwhile, Rivian tries to hit the “full half glass” tone by indicating that the 45X tax credit is to keep the local batteries production.

Ford and GM also mention OBBA, although they both spend more time talking about the potential effects of definitions. General Motors says it is unable to estimate the financial effects of OBBA, but it indicates that it “can be material and may negatively affect the profitability of the electric vehicles.”

Here is the unfortunate result (and the third potential punch): new 100 % import tariff On semiconductor chips you can press more auto companies. Anyone who pays attention during the Covid epidemic remembers how The supply restrictions on the chips Car manufacturers harm. Industry experts estimate that the modern car contains more than 1000 – and in some cases more than 3000 chips. Nothing from these companies want to pass this again.

The question is how they will qualify for exemptions; The Trump administration said it will give them to local chips. Car industry companies do not make chips, which means that these companies may turn into local suppliers. This, of course, the TBD scenario since the administration has a history of changing policy, and has not yet provided details of this tariff by 100 % and how to secure exemption exactly.

The end result is uncertainty, the wet blanket of any institution.

birdie

You may think that a trade war with China and concerns about the protection of American technology would discourage Chinese companies from creating a store in the United States, but recently, I heard some gossip from some birds in the industry returned by Chinese companies, specifically those who work in independent vehicle technology or adjacent technology to the United States. Stay tuned as I dig in this one.

Do you have advice to us? Email Kirsten Korosec in [email protected] Or a sign at Kkorosec.07, Sean Okan in [email protected]Or Rebecca Billan in [email protected].

Deals!

Remember codeMake a horseback helicopter? The Air Airlines in urban areas, which was announced through a merging process with an empty breach company, has its fair share of the duct And controversy Since its foundation in 2014.

And now owned by a secondary air air developer Judy flight. the The deal is equal to up to 125 million dollars It includes the transparent brand and its business, which has operations in the United States and Europe. The Blade Medical Department is not included in the deal and will remain a separate company.

The Blade founder and CEO of Rob Wiesenthal will continue to lead the company, which will operate as a fully -owned subsidiary of Joby.

I didn’t expect this deal exactly, but it is certain that it makes sense. Blade sought partnerships with other electrical aircraft companies, Including. Jobi will need infrastructure if he wants to intensify commercial operations – as soon as she receives its electrical planes Write a certificate From the Federal Aviation Administration.

This deal provides immediate access to a network of 12 stations in the main markets such as New York City – especially a dedicated hall and final bases at John F. Kennedy International and Newark Liberty International Airport, as well as on the western side of Manhattan, on the eastern side and in Wall Street.

Other deals caught my attention this week …

The startup starts drone DestinosThat provides weapons to Ukraine, Plan to buy DaidalanSwiss company is developing Automated Air Force Systems. The deal is said for $ 223 million in cash and shares.

Jeh AerospaceIndian components manufacturing company with its headquarters in Atlanta, A collection of 11 million dollars In a tour of the Capital Capital, with the participation of General Catalyst.

EnzymeUzbekistan -based food delivery and starting Fintech, Raising 65.5 million dollars On a tour in which the New York -based and -based VR Capital participated, with the participation of the United States Ventures.

Promise readings and other tales

Foxconn He has GM factory sold a former Motors (And the surrounding land) for $ 88 million, machines and equipment from its subsidiary companies for about 287 million dollars. Rememberment: Foxconn was unable to expand the scope of EVS production in the factory three years after the property. So what will come from this factory? It is said that the buyer SoftbankThe plan is to convert this factory into Artificial Intelligence Data Center.

Lift Provide a strategic partnership with Bido To publish Apollo Apollo, the giant of Chinese technology Through many European markets. Companies want to launch Robotaxi services in Germany and the United Kingdom in 2026.

Rural litigate To be able to sell their electric cars directly to consumers in Ohio. The company claims that the current law is unfairly benefiting Tesla, which obtained a special exemption.

Read this: an amazing and rich report Uber Sexual assault problem.

Zoo It has received an exemption from federal safety organizers to show demand based on public roads. There are some large background cells here, so I recommend Read my article. TL; DR: This wipes out a long discussion on whether Zoox Robotaxis is a compliance with federal car safety standards. It also puts an end to the relevant investigation whether the Amazon -owned company has united federal regulations.

the Timing The news cycle only will not leave. For some, you may feel contradictory. The company’s board of directors approved a new compensation package for CEO Elon Musk Worth About $ 29 billion in stocksNoting the company, “AI’s Talent War, which is constantly multiplying and the position of Tesla at a critical turning point” as reasons for payment. Meanwhile, Tesla, which witnessed a decrease in car revenues, is pushing to convert the aspirations of artificial and independent intelligence into money makers.

The development of this week has been taken off in these aspirations. First, Tesla has I closed Dojo SuperCantEnding her attempt to develop domestic driver’s internal chips. Separately, the jury partially found a responsibility for the deadly 2019 disruption and ordered it About 242.5 million dollars paid In punitive and compensation damage. It is a noticeable case where the prosecutors have successfully argued that there is a gap between how Tesla talks about the autopilot driver assistance system and its actual capabilities. (Verge has interesting Interview with the lawyer))

Another thing

And autonocastBodcast about the future of transportation that occurred for hosting, had a recent guest. Boris SodmanWhich led the Self -driving truck program in Waymo now and participated in the founding of Anki Robotics, came at the exhibition to discuss the start of the technology of its new cars. Foundation. Give him listen!