Kia to build $30,000 EV3 in Mexico, unlocking US EV tax credit
Electrek
JUNE 17, 2024
A new low-cost EV is primed to hit the US market. Kia plans to build its new EV3 in Mexico as it looks to take advantage of the US electric vehicle tax credit.
Electrek
JUNE 17, 2024
A new low-cost EV is primed to hit the US market. Kia plans to build its new EV3 in Mexico as it looks to take advantage of the US electric vehicle tax credit.
Electrek
MAY 17, 2023
The Governor of New Nuevo León, Mexico, announced a new (potential billion-dollar) investment from Kia to expand its plant in the region and produce two EVs together with Hyundai. The move comes as the two automakers look to ensure EV models qualify for the IRA tax credit.
Teslarati
DECEMBER 3, 2021
The $12,500 electric vehicle tax credit proposed in President Joe Biden’s “Build Back Better” plan is being labeled as “discriminatory” by Mexican Economy Minister Tatiana Clouthier, who said the country is analyzing legal recourse and other actions, including potential tariffs against the United States.
Teslarati
FEBRUARY 14, 2024
Tesla is hoping to replicate production lines in Shanghai at its upcoming Giga Mexico factory by inviting Chinese companies to supply the manufacturing efforts with localized plants. officials are not thrilled about the potential for Chinese companies to supply Tesla and its new factory, which will produce its next-gen platform.
Teslarati
OCTOBER 9, 2022
Tesla is building its second sales, service and delivery center on tribal land. The Pueblo of Santa Ana announced a new Tesla Center on the Tamaya Indian Reservation last Friday. . The new Tesla Center will occupy four acres of land in the Pueblo’s Master Business Lease/Business Development District.
Baua Electric
MAY 7, 2024
BMW has started building a battery plant in Mexico that will provide more energy-dense cylindrical cells for longer range and faster charging in next-generation Neue Klasse EVs. If Inflation Reduction Act rules remain, the products might eventually qualify for the EV tax credit. This and more, here at Green Car Reports.
Charged EVs
SEPTEMBER 22, 2022
The provision that’s gotten the most press is a redesign of the federal EV tax credit—that’s only natural, because it’s the policy that’s most likely to directly affect the average consumer, and because politicians love to talk about tax breaks. Credit where credit is due.
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