GM May Produce EVs In Mexico To Compete With Tesla, Ford
InsideEVs
JANUARY 5, 2023
Mexico may have plenty of appeal for future EV production due to low costs and full access to the US federal EV tax credit.
InsideEVs
JANUARY 5, 2023
Mexico may have plenty of appeal for future EV production due to low costs and full access to the US federal EV tax credit.
Baua Electric
APRIL 1, 2024
or Mexico, along with a GM license agreement for CATL’s LFP battery tech. Car News China reasons that the deal would likely be similar to the one between Ford and CATL—a deal GM leadership has criticized. Located in Michigan, the plant will make LFP cells under license by CATL but will be be run by Ford. car manufacturing.”
Teslarati
JUNE 24, 2022
As of June 15, 2022, Ford will no longer offer the opportunity to purchase its three all-electric vehicles, the F-150 Lightning, Mustang Mach-E, and E-Transit Van, for new leases. Ford informed dealers in a letter that it was discontinuing the end-of-lease purchase option for the E-Transit van, Mustang Mach-E, and F-150 Lightning.
InsideEVs
MAY 3, 2021
This comes on the heels of GM's and Ford's plans to build EVs in Mexico.
Teslarati
MARCH 31, 2023
The IRA rules can qualify certain electric vehicles for either some or all of the $7,500 tax credit for purchasing a clean energy vehicle. Ford announced a similar deal with CATL last month, looking to build a battery manufacturing plant within the U.S. Ford announces $3.5B to take advantage of these incentives.
Teslarati
OCTOBER 12, 2023
As of writing, Say’s webpage for the Tesla Q3 2023 earnings call features a variety of notable questions, spanning topics from Tesla’s factories like Gigafactory Mexico to future projects like Optimus and the dedicated Robotaxi. Is your analysis of your supply base risk complete?
Baua Electric
APRIL 17, 2024
BCG estimates that most automakers lose around $6,000 on each EV they effectively sell for $50,000, that price accounting for any tax credits or other incentives the customer might be eligible for. Ford in February announced a new strategy focusing on smaller, lower-cost EVs at higher volume, to tackle potential Chinese rivals.
Let's personalize your content