Rohan Patel, a former Tesla executive, highlights the contrasting support for electric vehicles (EVs) under Trump and Biden. While Trump’s administration favored foreign-made vehicles and neglected tax credits for early EV leaders like Tesla, Biden's policies revived substantial incentives and support for domestic manufacturing. The NEVI program, with $5 billion allocated over five years, aims to enhance EV infrastructure, while recent reforms to the 30C tax credit significantly boost investments in charging stations.
Waymo has secured $5.6 billion in funding to expand its robotaxi service in major U.S. cities, including Los Angeles, San Francisco, and Phoenix, while also partnering with Uber to launch in Austin and Atlanta. The investment brings Waymo's total capital raised to $11.1 billion, as it continues to operate the only commercial robotaxi service in several metro areas, conducting over 100,000 weekly trips. Despite safety concerns and competition from companies like Cruise and Tesla, Waymo's self-reported data indicates its vehicles crash less often than human drivers.
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