Baua Electric

MAY 7, 2024

Tax exemption for EV purchases and non-financial support remain in place, after an extension, as the automotive industry is seen as one of the key drivers of economic growth. In Latin America , electric car sales reached almost 90,000 in 2023, with markets in Brazil, Colombia, Costa Rica and Mexico leading the region.

Costa Rica 52

Costa Rica Cars Brazil Thailand 52

EV Adoption

JANUARY 8, 2022

Ford’s Mustang Mach-E in its first year on the market (Ford delivered 3 Mach-E units in December 2020), was the number one-selling BEV among legacy automakers at 27,140 units in 2021. The second key trend is the solid first-year sales of both the Ford Mustang Mach-E (27,140) and Volkswagen ID.4 4 (16,742) BEVs.

Sale 52

Sale PHEV Mazda Audi 52

EV Adoption

NOVEMBER 29, 2021

In my previous article, Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives , I outlined and analyzed 13 proposed changes to IRC 30D (federal EV tax credit). In this brief article I will share the 3 scenarios that lead to an EV being completely disqualified from any available tax credit amount.

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Tax Credit Tax Hummer PHEV 52