Remove Mexico Remove Purchase Remove Scrappage
article thumbnail

Chinese Car Buyers Recently Scooped Up More EVs and PHEVs Than Gas Vehicles for the First Time

The Truth About Cars

Buyers do not pay sales tax on NEV purchases, and people who replace gas cars with an electrified model can receive a scrappage credit. but they’re in Mexico and may soon be available in Canada, though some in its government want strict tariffs like the ones implemented by the White House.

Chinese 104
article thumbnail

Teaser: New Acura Performance Electric SUV Concept to Be Revealed At Monterey Car Week

The Truth About Cars

Buyers do not pay sales tax on NEV purchases, and people who replace gas cars with an electrified model can receive a scrappage credit. but they’re in Mexico and may soon be available in Canada, though some in its government want strict tariffs like the ones implemented by the White House. Images: Acura] Become a TTAC insider.

Acura 104
article thumbnail

How will a Trump presidency impact the global EV market in 2025?

Baua Electric

Assuming normal scrappage rates, EV Volumes forecasts it will take until 2042 for half the global fleet to be electric. Tariffs and import duties on vehicles, even those sourced from Mexico and Canada, could be impacted. Countries such as Spain and Poland are considering the revision of EV purchase subsidies.

Global 52