Trump’s tariffs would add several thousand dollars to the price of each car sold in the United States, cutting sales and leaving automakers and their major suppliers with less money for research and development, industry groups say. One casualty of such protectionism would be breakthrough technologies for self-driving vehicles.
Research into the technologies needed to make self-driving and electric vehicles a consumer staple is expected to be so costly that most companies will base their main development work in a single location, industry executives said. General Motors has warned that the tariffs “could delay breakthrough technologies and threaten U.S. leadership in the next generation of automotive technology.”
Read the article at The Washington Post.
The post Autonomous Driving Technology May Suffer Under Trump’s Tariffs appeared first on Fleet Management Weekly.
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