Rivian Donald made a reserve of batteries for his truck, SUV and commercial vans before and after the election of Trump, a strategy used to soften the President’s tariff, according to the technique Bloomberg NewsThe
Prior to the election, the company clearly bought an undisclosed lithium iron phosphate battery from the Chinese farm gossation. The batteries were for the Rivian delivery van, most of which were made for Amazon. Rivian Samsung worked with SDI after the election (though not exactly) to remove a large amount of battery inventory from South Korea, “Bloomberg said.
Stockpiles should help reduce the price pressure caused by Trump’s auto tariff, which car companies are applied to components that bring in the United States for use in vehicles. Trump has changed these tariffs this week, providing some relief compared to its original plan of 25% of the 25% of the board in imported parts; Trump’s revised tariff will plan Still probably leads to increase prices in new carsThe