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Despite all the legal and political controversies surrounding the Trump Administration’s trade and tariff policies, there is emerging clarity in one area with a high potential for damaging the auto industry and the U.S. economy. Anderson Economic Group identified the threat of tariffs as a “two-alarm fire for the auto industry” in November 2024. It recently estimated the costs per car of tariffs on Mexico and Canada at $4000 to $10,000, based on its analysis of ten different vehicles from multiple manufacturers.
“The Trade Expansion Act (TEA) has clear statutory authority. It’s been used before. It’ll probably be used again, whether now or next year, said Patrick Anderson,* Anderson Economic Group CEO today speaking to the Automotive Press Association. Continue reading
Mercedes-Benz Testing Solid State Battery on Roads
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Mercedes-Benz (MBGAF) said today that its engineers from the road and racetrack worked in collaboration with Factorial* cell engineers to deliver an all-new solid-state battery test program, resulting in the first car – an EQS Sedan** – powered by a lithium-metal solid-state battery on the road.
“Developing an automotive-scale solid-state battery underlines our commitment to innovation and sustainability. We’re therefore excited to announce that we’ve started road testing with a prototype vehicle equipped with this advanced technology. We will gain crucial insights into possible series integration of this cutting-edge battery technology,” said Markus Schäfer, Member of the Board of Management of Mercedes‑Benz Group AG. Chief Technology Officer, Development & Procurement. Continue reading →