Hello followers! Welcome back to our exciting journey through the world of electric vehicles and cutting-edge technology. Today, we dive into some intriguing happenings in the transportation sector.

First off, let’s talk tariffs. It’s no secret that U.S. tariff policies are in a state of flux, with a notable 90-day pause on reciprocal tariffs affecting most countries. However, the original 10% tariffs stay in place, and things are particularly tense with China, where tariffs have surged to around 145%.

The transportation sector, especially electric vehicle (EV) manufacturers, feels the heat from these tariffs. Companies using lithium iron phosphate batteries could find themselves particularly at risk due to the high tariffs on imports from China.

Now, onto an exciting development! Last year, whispers about a secretive EV startup, Slate Auto, reached our ears. We’ve discovered that Jeff Bezos is lending his support to this company, along with several other prominent investors.

This isn’t just another EV startup; Slate Auto has a fascinating origin story and a unique business model. Recently, a sneak peek of their first product, an EV pickup truck, was captured, fueling even more interest.

In other news, Lucid Motors has emerged victorious in acquiring assets from Nikola out of bankruptcy, buying the factory and other critical resources. This move signifies the ongoing shifts within the EV market.

Among other noteworthy updates, several startups are making headlines. Ayan Capital has secured £25 million for halal vehicle financing, Nowos is pushing forward with its battery repair business, and Nuro has recently raised a massive $106 million for its autonomous vehicle technology.

Elon Musk’s recent actions at the National Highway Traffic Safety Administration raise questions about automated driving safety, while Nissan prepares to level up its driver-assistance system using tech developed by Wayve.

Waymo is also making a splash by utilizing data from its robotaxis to enhance its models, demonstrating the innovative strides being taken in this industry.

Wrap your head around these developments, and be ready for what lies ahead in the electric vehicle universe!