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Green Car Reports
MARCH 26, 2025
Auto-industry tariffs coming in April, may bring immediate price hikes Mexico makes many U.S.-bound bound EVs, buys few of them EV tax credit still potentially applies to models made in Mexico and Canada The threat of auto tariffs affecting models made in Mexico and Canada has not abated.
178 
Electrek
JUNE 17, 2024
Kia plans to build its new EV3 in Mexico as it looks to take advantage of the US electric vehicle tax credit. A new low-cost EV is primed to hit the US market.
144 
Green Car Reports
JUNE 18, 2024
The Kia EV3 electric SUV could be assembled in Mexico for the U.S. market, a move that could allow it to be eligible for a federal tax credit and hit a $30,000 price point, reports Korean Car Blog (via Electrek).
161 
Teslarati
MARCH 28, 2025
The Model Y RWD 110’s road tax is significantly reduced from SGD 3,478 to SGD 1,562 yearly. For instance, it rolled out a more affordable Model 3 in Mexico last year. The cheaper Tesla Model 3 in Mexico did not use the same materials and had different features to reduce costs.
130 
Teslarati
DECEMBER 14, 2023
Tesla Gigafactory Mexico will receive $153 million worth of incentives from Nuevo León as state officials seek to temper concerns about delays in the new factory. Nuevo León’s state economic development council approved Tesla Giga Mexico’s incentives, which include the buildout of basic infrastructure like roads and water treatment.
142 
Green Car Reports
FEBRUARY 6, 2023
BMW's next-generation EVs will be built in San Luis Potosí, Mexico, as well as two European production sites, the automaker confirmed in a press release Friday. tax credits and supply-chain incentives. That may allow these new EVs, and their related battery production facility, to qualify for U.S.
148 
InsideEVs
JUNE 19, 2024
But Mexico is a possibility, which would unlock tax credits to make it even more affordable. Kia won't say where the EV3 will be built.
129 
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.
98 
InsideEVs
DECEMBER 6, 2021
Mexico's Economy Minister calls the potential tax credit discriminatory and is looking at various legal options.
93 
Green Car Congress
JUNE 30, 2016
As one of the outcomes of the “Three Amigos” meeting in Ottawa, Canada Prime Minister Justin Trudeau, US President Barack Obama, and Mexico President Enrique Peña Nieto committed to an “ambitious and enduring” North American Climate, Clean Energy, and Environment Partnership. 50% clean power target.
199 
Green Car Congress
JANUARY 31, 2017
If the proposed broad 20% border-adjustment tax were implemented and applied to the energy sector, the result would likely lead to a large increase in gasoline prices and a big premium in domestic oil prices vs. international, according to new analysis by Bloomberg Intelligence. Mexico is the fourth-largest supplier of US oil imports.
150 
Teslarati
MAY 15, 2024
The Biden Administration is considering penalties for Chinese electric vehicle (EV) automakers who are moving production to Mexico. White House to hike tariffs on Chinese EVs to fend off cheap imports The White House is thinking of adding penalties to the tariff if Chinese EV makers move production to Mexico to circumvent new import taxes.
106 
Green Car Reports
OCTOBER 28, 2024
Ford Mustang Mach-E battery production will move from Poland to Michigan The move will translate into federal EV tax credit eligibility The Ford Mustang Mach-E is assembled in Mexico LG Energy Solution will shift production of batteries for the Ford Mustang Mach-E from Poland to Michigan in 2025, checking a box for federal EV tax-credit.
174 
The Truth About Cars
APRIL 18, 2024
Chinese automakers are expanding into Mexico, with companies like BYD opening dealerships across the country. Automotive News reported that the country would not offer tax incentives or land discounts to Chinese automakers. Mexico is no stranger to Chinese auto companies, as there are around 20 already selling vehicles in the country.
104 
Teslarati
MARCH 2, 2023
The Nevada Governor’s Office of Economic Development (GOED) Board approved a $330,250,366 million tax break for Tesla. Listed below are the taxes Tesla could generate, assuming it invests all $3.6 million in gross average annual property tax revenues $11.2 million in gross average annual sales taxes $1.1
134 
Teslarati
JANUARY 10, 2024
Tesla calculated that Model 3 Highland lease payments would be $329 monthly, excluding taxes and fees. Tesla models eligible for IRA tax credits in 2024 The loophole lies in the IRA’s tax credit qualifications for commercial vehicles. Tesla Model 3 Highland is now available in the United States , Canada, Mexico and Puerto Rico.
127 
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.
101 
Teslarati
OCTOBER 9, 2022
In September 2021, Tesla opened its first center on Native American tribal land in New Mexico. By building on tribal land, Tesla effectively sidestepped a New Mexico law prohibiting the company from directly selling EVs and operating a service center in the state. Senator Martin Heinrich (D-N.M.)
98 
Green Car Congress
MAY 4, 2011
HR 1685 extends through 2014 the tax credit for the residential and commercial purchase and installation of electric vehicle charging infrastructure. In addition to its headquarters in Rosslyn, Virginia, NEMA also has offices in Beijing and Mexico City. The credit is currently set to expire at the end of this year.
186 
EV Adoption
AUGUST 18, 2021
A key component of the CEAA is nine proposed changes to the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) — more commonly known as the “federal EV tax credit.”. I’ve written extensively on the tax credit and especially its many flaws, ineffectiveness, and areas in the regulations that desperately need fixing.
105 Green Car Reports
MAY 29, 2024
A small electric SUV, the Optiq joins the Ultium family of GM EVs that includes the Blazer EV, Equinox EV, and Lyriq Prices start in the mid-$50,000s—and the Mexico-built Optiq should qualify for tax incentives Cadillac promises fully-charged driving range of about 300 miles Cadillac has revealed an entry EV for the GM luxury brand that.
131 
Green Car Congress
SEPTEMBER 18, 2013
In addition, by producing locally, Audi can avoid an additional tax of 30% and thus be active in the growing Brazilian market with competitive prices. The company also plans to produce cars in Mexico as of 2016.
199 
Green Car Congress
SEPTEMBER 25, 2013
As a leading producer in the Gulf of Mexico with approximately 150 million barrels of oil each year, Shell also operates extensive onshore facilities in Louisiana, including its Norco and Geismar plants, a major training center in Robert, and corporate offices in New Orleans. billion and create 740 direct jobs, should the project be built.
255 Green Car Congress
FEBRUARY 14, 2018
Taxes are effective at cutting harmful emissions from energy use, but governments could make better use of them. Tax rates were below the low-end estimate of climate costs (EUR 30/tCO 2 ) for 97% of emissions. The report assesses the magnitude and coverage of taxes on energy use in 2015, and considers change between 2012 and 2015.
170 
Teslarati
JANUARY 5, 2024
Santa Catarina is holding a raffle for two 2024 Model 3 units, fitting since it will be the home of Tesla Giga Mexico. To be eligible, residents who want to participate in Santa Catarina’s Tesla Model 3 raffle must pay their property taxes within the first few weeks of 2024. Entry for the raffle started on January 1, 2024. .
108 
Green Car Congress
APRIL 15, 2019
The combination of Anadarko’s premier, high-quality assets with our advantaged portfolio strengthens our leading position in the Permian, builds on our deepwater Gulf of Mexico capabilities and will grow our LNG business. This transaction builds strength on strength for Chevron. Chevron will remain headquartered in San Ramon, California.
186 
Green Car Congress
FEBRUARY 15, 2013
This represents the second highest increase in geothermal power capacity over a calendar year since the production tax credit (PTC) was extended to geothermal in 2005, and a 5% percent increase over 2011 year-end data. In 2012, seven new geothermal projects and additions came online in three different states.
303 
Green Car Congress
SEPTEMBER 30, 2009
New Mexico. We hope the tax, loan guarantee, and DOE spending provisions of the stimulus bill will help turn this around, but there have been delays implementing these initiatives by the federal agencies. California. Mississippi. Washington. unspecified. and 7,109.9 MW of power to the US geothermal energy output.
240 
Green Car Congress
FEBRUARY 3, 2023
EIA said that two factors behind growing US renewable diesel capacity are rising targets for state and federal renewable fuel programs and biomass-based diesel tax credits. The “Inflation Reduction Act” extended the biomass-based diesel tax credits through 2024.
195 
InsideEVs
MAY 3, 2021
This comes on the heels of GM's and Ford's plans to build EVs in Mexico.
105 
Teslarati
MARCH 8, 2023
Rivian emailed customers about the Internal Revenue Service’s (IRS) recently released guidance regarding the EV tax credits under the Inflation Reduction Act (IRA) of 2022. Foley & Lardner LLP explained the latest IRS guidance regarding EV tax credits. These qualifications applied as of January 1, 2023.
77 
Green Car Congress
MAY 5, 2011
This includes a tax credit made possible by the Advanced Energy Product Manufacturers Tax Credit Act, which the state legislature voted to amend in recognition of new, breakthrough processes like Joule’s that merit qualification. Joule Unlimited, Inc.,
218 
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. That is a very good thing, but tying this requirement to a consumer-facing tax credit that results in few or zero EVs qualifying, is probably not the best approach.
98 Green Car Congress
MARCH 19, 2012
Furthermore, this latest national survey, conducted March 7-11, 2012 among 1,503 adults, finds that support for allowing more offshore oil and gas drilling in US waters, which plummeted during the 2010 Gulf of Mexico oil spill, has recovered to pre-spill levels. Opinion about tax cuts for energy companies is about where it was in 2008.
291 
Green Car Congress
JANUARY 11, 2010
Ford will design advanced lithium-ion battery systems in-house for the next-generation hybrid in Michigan and move production of the battery packs from Mexico to Michigan. The Michigan Economic Growth Authority board approved a package of incentives and tax credits totaling $188 million. beginning in 2012.
252 
Green Car Congress
JANUARY 18, 2012
On 23 December 2011, the Congress passed the Temporary Payroll Tax Cut Continuation Act of 2011 (“the Act”). And we will do so in a way that benefits American workers and businesses without risking the health and safety of the American people and the environment.
231 
Green Car Congress
JUNE 19, 2014
Lightning Hybrids currently has vehicles in ten fleets in the US and Canada and has orders for vehicles in fleets in the US, India, Mexico and England that will be delivered over the next three months. The Lightning Hybrids gasoline HHV also improves both power and fuel economy when compared with a conventional gasoline vehicle.
275 
Green Car Congress
MAY 6, 2009
To produce the vehicles, Ford is converting three truck and SUV plants to car plants—Michigan Assembly, Cuautitlan Assembly in Mexico, which begins building the new Fiesta subcompact early next year; and Louisville (Ky.) Local property tax incentives for new investments at the site.
186 
Green Car Congress
JULY 4, 2013
55,000 (US$83,925) (plus tax, plus shipping). The brothers formed a Mexico City/Detroit-based design agency, ETXE, which having worked on projects for numerous global brands, then penned the 05—a lightweight supercar for road and track in the vein of the BAC Mono, Ariel Atom, KTM X-Bow etc. Pricing will start from c.£55,000
186 
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.
145 
Teslarati
JANUARY 7, 2022
miles away from Texas New Mexico Power. The proposal for Tesla’s Angleton Megapack system revealed some of the project’s projected benefits, including ~$35 million added to the tax base and an estimated ~$215,000+ in Year 1 property tax revenue. The project site is located 0.3 Co substation. .
145 
Green Car Congress
JUNE 23, 2015
CEMAC then determined a minimum sustainable price (MSP) by analyzing capital expense, COGS, operating expenses, taxes, free cash flows, and required rates of return. However, cost modeling indicates that the United States and especially Mexico may be competitive under certain conditions.
150 
Teslarati
APRIL 26, 2023
Eventually, Tesla announced the construction of Gigafactory Mexico. However, South Korea’s President Yoon doesn’t seem phased by Tesla’s Giga Mexico announcement. President Yoon also offered support for Tesla’s investment, including tax benefits. President Yoon talked to Musk about what South Korea could offer Tesla.
127 
Teslarati
AUGUST 31, 2023
The Fisker Pear will be produced in the United States and would likely benefit from the country’s EV tax incentives from the Inflation Reduction Act. The Fisker Pear could qualify for some of the tax incentives listed in the Inflation Reduction Act. By that time, Tesla Giga Mexico also aims to begin production on its $25,000 vehicle.
113
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