The Truth About Cars

AUGUST 23, 2023

The automaker’s factory in Monterrey, Mexico, builds the Rio, and the company is expected to retool the facility for EV production. Kia currently builds the EV6 in South Korea and needs a North American manufacturing location for its vehicles to qualify for federal tax credits. Average vehicle purchase prices in the U.S.

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The Truth About Cars

MARCH 28, 2024

Among many other things, the Inflation Reduction Act changed the way EV tax credits work in the United States. Additionally, Chinese EVs are expanding their reach into Mexico, and some expect other brands to reach the U.S. While BYD, China’s largest EV maker, has said it would not come to the U.S., others might.

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The Truth About Cars

AUGUST 26, 2024

The Optiq will be here soon, and the automaker recently released pricing for the new model. The Optiq will qualify for a $7,500 federal tax credit, as it will be built at a General Motors facility in Mexico. Cadillac debuted its first EV, the Lyriq, for 2023, and its second model is due to hit the streets for 2025.

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Teslarati

NOVEMBER 21, 2022

The chief executive of Syrah Resources, Shaun Verner, shared a bit about graphite pricing and funding for new projects. Verner commented that the graphite market lacks transparency when it comes to pricing, leading bankers to hesitate when it comes to funding new graphite-related projects. Graphite Supply.

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Baua Electric

MARCH 8, 2024

GM announced Friday that it’s dropping prices by up to $6,520 on its 2024 Chevrolet Blazer EV , while resuming sales and deliveries of the model to customers. 2024 Chevrolet Blazer EV RS Chevrolet is also dropping prices on the Blazer EV by thousands. The RS AWD model drops to $54,595, which is $5,620 lower than the previous price.

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Green Car Congress

APRIL 6, 2015

billion) were all in the top 10 of investing countries while more than $1 billion was invested in Indonesia, Chile, Mexico, Kenya and Turkey. billion, helped by the recovery in sector share prices between mid-2012 and March 2014, and by the popularity with investors of US “yieldcos” and their European equivalents, quoted project funds.

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Revenge of the Electric Car

MARCH 9, 2009

According to its website, it is a California-based manufacturer of battery-electric and hybrid-electric trucks that was founded in 1989, spent years or development and has been building and selling its vehicles in Mexico for several years now. market wasn’t quite ready for electric trucks, a spokesman said.

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The Truth About Cars

AUGUST 16, 2024

Polestar joins Volvo and other automakers in localizing vehicle production to cope with tariffs and tax credit eligibility. factories to open eligibility for up to $7,500 in federal tax credits. Their low prices have made them attractive in global markets, but a 100 percent tariff would put a quick end to that trend here.

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Baua Electric

AUGUST 8, 2024

With incentives, starting prices drop to as low as $29,200 (KRW 39.95 After reports surfaced that Kia would build the affordable EV in Mexico and export it to the US, it looks like they are turning out to be true. Kia is expected to begin production at its Monterey plant in Mexico by the end of 2024.

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Teslarati

JUNE 24, 2022

With used vehicles selling at prices sometimes as much as or higher than brand new models due to parts shortages and semiconductor constraints, Ford may be looking to take used EVs and make another profit on them after an initial lease is up. . ” Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits.

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Green Car Congress

JUNE 14, 2010

We expected it would come from higher prices or a supply disruption—we’ve all been surprised.) Right now, buyers of new plug-in cars get up to $7,500 in tax credits. As high-volume production brings down their price, we can taper down the incentive over a second five million.

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Baua Electric

SEPTEMBER 3, 2024

Kia opened EV3 orders in June with starting prices at just $30,700 (KRW 42.08 Kia is also expected to build the EV3 in Mexico to take advantage of the US tax credit. Kia EV3 interior (Source: Kia) According to TheKoreanCarBlog , Kia plans to begin EV3 production at its Monterey plant in Mexico by the end of 2024.

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Baua Electric

MARCH 4, 2024

Ford’s EV sales climbed 80% year-over-year (YOY) in February following aggressive price cuts last month. Ford EV sales climb in February following price cuts After EV sales slipped 11% last month in EV sales last month, Ford saw a big improvement in February with 6,368 all-electric vehicles handed over, up 80.8% over last year.

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Electric Auto Association

SEPTEMBER 3, 2022

has been experiencing severe inflation and high gas prices. Inflation is also translating into higher prices for investments, commodities, and particularly transportation. EV’s may be the answer Electric vehicles (EVs) are becoming increasingly popular as gas prices continue to rise. It's no secret that the U.S.

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Baua Electric

NOVEMBER 14, 2024

In Europe, the EV3 starts at around 36,000 euros ($38,000), while UK prices (where it’s been on sale since August) start at £32,995 ($42,000). Can Kia match (or undercut) the price? Kia is expected to build the EV3 in Mexico to take advantage of the US EV tax credit.

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Plug in America

DECEMBER 21, 2023

Clean Vehicle Tax Credits Clean vehicle tax credits kicked into high gear in 2023. New federal EV tax credits were expanded and updated, and credits for used and commercial EVs became available for the first time in January. New Mexico adopted the Advanced Clean Cars II standard (ACC II).

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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. Automakers will only be able to close about half of that cost gap with technology choices, BCG estimates. automakers.

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Baua Electric

JANUARY 3, 2024

Tesla has used price cuts to help jolt sales, but BYD has its own battery business, giving it greater control over prices. but its Model 3-rivalling Seal just arrived in Mexico. 7,500 EV tax credit on some of its models, potentially affecting sales in this market. Meanwhile, Tesla is losing the U.S.

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Baua Electric

NOVEMBER 13, 2024

As the incentives and discounts pile up, electric vehicle prices often rival, or even undercut, comparable gas models. EV incentives hit record levels in October According to the latest Kelley Blue Book data , the average transaction price (ATP) for a new EV in the US was $56,902 in October. And that’s before the $7,500 tax credit.

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Baua Electric

OCTOBER 4, 2024

Kia opened EV3 orders in Korea in June, with prices starting at $30,700 (KRW 42.08 It allows buyers to defer up to 60% of the purchase price when they pay a down payment of 1% or more with a Hyundai Card M series. Kia EV3 trim Range Starting Price Starting Price After Incentives Standard 217 mi (350 km) $30,700 (KRW 42.08

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Baua Electric

JUNE 26, 2024

With incentives, Kia expects EV3 prices will fall to as low as $29,200 (KRW 39.95 With Kia reportedly planning to build the EV3 in Mexico , federal incentives like the EV tax credit could drive prices even lower. With its unique design and low starting price, Kia expects the EV4 to fill a void in the market.

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Baua Electric

SEPTEMBER 11, 2024

After opening orders this summer in Korea with prices starting at just $30,700 (KRW 42.08 The EV3 is expected to be among the most affordable electric options in the US, with prices around $30,000 to $35,000. The EV3 is the first of Kia’s new low-cost EV lineup as it looks to challenge industry leaders.

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Baua Electric

JANUARY 3, 2024

The error was spotted at the San Luis Potosi assembly plant in Mexico, which then sparked a wider investigation, reports The Street. It has been touted as the latest vehicle to shake up the industry, giving consumers an American-branded vehicle with a decent range and high-performance specs at a moderate price.

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Clean Fleet Report

AUGUST 16, 2024

Read on, and maybe the price list below will help in your decision. AWD $59,295 The Honda Prologue final assembly is in Ramos Arizpe, Mexico , meaning it will qualify for federal and state tax credits. torque 273 AER These power and range options include a difference of 15-23 miles of range. EX – Single Motor.

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The Truth About Cars

SEPTEMBER 29, 2023

Though the vehicle itself will be assembled in Mexico, those Ultium units are technically a collaboration between GM and South Korea’s LG Energy Solution. But it should be good enough to warrant government incentives under the EV tax credit scheme. That’s “American Made” in the vaguest of senses.

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Baua Electric

JUNE 18, 2024

The BYD Seal is poised to rival Hyundai’s IONIQ 6 and Tesla’s Model 3 with an affordable starting price. Exports are expected to begin to Europe later this year and the US in 2025 (Kia will also reportedly build the EV3 in Mexico for the US market to qualify for the federal tax credit).

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Baua Electric

FEBRUARY 26, 2024

While exact dimensions (and price) aren’t available, the New Panda will likely be about the same size as the New e-C3, which is 4,010 mm in length, 1,760 mm in width, and 1,570 mm in height. It starts at a reasonable $32,500 plus a $1,595 destination fee, although it’s not eligible for the $7,500 federal tax credit.

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Baua Electric

JANUARY 10, 2024

It starts at a reasonable $32,500 plus a $1,595 destination fee, although it’s not eligible for the $7,500 federal tax credit. The 2024 version is made in the Mirafiori factory in Turin, Italy, compared to the 2019 built in Mexico. If you’re considering going solar, it’s always a good idea to get quotes from a few installers.

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Charged EVs

FEBRUARY 6, 2024

Furthermore, IRA-compliant battery critical mineral supply could be redirected globally to supply US electric vehicles, thereby benefiting from the US Clean Vehicle Tax Credit. For Umicore, our plans to build our pCAM and CAM gigafactory in Canada were made and announced before the IRA made headlines.

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Baua Electric

MAY 29, 2024

Cadillac has revealed an entry EV for the GM luxury brand that doesn’t seem so entry-level in size, technology, or price. Optiq is one of many GM EVs from Mexico The Optiq will be made in Mexico starting this fall, at the same Ramos Arizpe plant that makes the Chevy Equinox EV and Blazer EV , along with the Honda Prologue.

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EV Adoption

JANUARY 8, 2022

Ford has announced plans to increase production of the Mach-E at its Mexico plant 3X over the next two years which suggests sales could reach at least 40,000 in 2022. When looking at only Q2-Q4 sales, the Mach-E outsold the ID.4 4 by an average of 1,419 units per quarter.

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Baua Electric

MAY 23, 2023

Clearly, having an ID4, manufactured in Chattanooga with all the Inflation Aid Occupation credit score — we’re the one overseas OEM that qualifies for the tax credit for purchases, and we wish to marketplace those broadly again and again and again and again with communique, promoting and so on.

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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). But all of these PHEVs have batteries of around 9 kWh and so they could easily be upgraded to 10 kWh to qualify for the tax credit.

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EV Adoption

AUGUST 4, 2022

Additionally, the IRA could actually receive enough votes to pass, but not without potentially several significant changes — including to some of the EV tax credit requirements. This means EVs like the Mustang Mach-E which is assembled in Mexico, and the Chrysler Pacifica Hybrid (PHEV) which is assembled in Canada, would qualify.

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EV Adoption

NOVEMBER 26, 2021

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.

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Teslarati

SEPTEMBER 13, 2021

Tesla CEO Elon Musk has shared a brutally honest take on the US Democrats’ revised EV tax credit proposal, which happens to be heavily pro-union. This is written by Ford/UAW lobbyists, as they make their electric car in Mexico. Under the revised proposal, the $7,500 tax credit would still be uncapped for automakers.

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The Truth About Cars

MARCH 18, 2025

The Times quotes a consulting firm , Anderson Economic Group out of East Lansing, Michigan, as saying that the price of a new car could go up by $4,000 to $10,000, and perhaps more for at least some EVs. Remember that the average transaction price for new cars is already, without tariffs, hovering around $48,000.

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