Green Car Congress

DECEMBER 23, 2015

Tax incentives, special depreciation allowances for electrically powered service vehicles and incentives for private customers of up to €5,000 (US$5,450) per vehicle are currently discussed politically, but the funding remains unclear.

2020 150

2020 Li-ion Electric Cars Germany 150

Push EVs

FEBRUARY 13, 2023

There may remain some distorting PHEV incentives in, e.g., company tax rates, and similar (beyond simply the lower rated CO2 emissions). In the lower half, BMW Group slipped from 6th to 7th (just outside this table), and Mercedes Group climbed from 7th to 5th, pushing Hyundai Group down a spot to 6th. Deloitte forecasts 0.4%

Market 59

Market Plugin Tesla PHEV 59

EV Adoption

MAY 8, 2021

To complete the analysis required identifying or forecasting several data points and models, including: Forecasting EV (BEV and PHEV) sales out to 2030. Researching historical and forecasting the future number of total vehicle sales, the number of vehicles on operation, and number that go out of operation each year.

Vehicles 132

Vehicles Gas-Electric Tax Credit Sale 132

EV Adoption

AUGUST 23, 2021

One of the proposed changes to the federal EV tax credit that has flown a bit under the radar is also one of the most political and protectionist in nature. Effective January 1, 2022, electric vehicles with final assembly* (see definition at the end) in China would no longer qualify for IRC 30D (federal EV tax credit).

Tax Credit 52

Tax Credit Tax Chinese Volvo 52

Baua Electric

MAY 7, 2024

Tax exemption for EV purchases and non-financial support remain in place, after an extension, as the automotive industry is seen as one of the key drivers of economic growth. Electric car sales in 2023 were 3.5 million higher than in 2022, a 35% year-on-year increase. This is more than six times higher than in 2018, just 5 years earlier.

Costa Rica 52

Costa Rica Cars Brazil Thailand 52

Baua Electric

FEBRUARY 3, 2024

2024 BMW i5 BMW added two more 5-Series plug-in variants for the 2025 model year. A 2025 BMW 550e plug-in hybrid may bring a big electric-range boost versus the previous generation, while the BMW i5 xDrive40 adds a mid-range all-wheel-drive model between the base, rear-wheel-drive i5 eDrive40 and high-performance i5 M60 xDrive.

Plug-in 52

Plug-in GM Ford Plug 52

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. This situation will change dramatically, as hundreds of GWh worth of cell production is forecast for North America by the end of the decade.

North America 96

North America Batteries Battery Supplies 96

Green Car Congress

NOVEMBER 19, 2010

Car manufacturers: BMW AG, Daimler AG, Ford, General Motors LLC, Honda R&D, Hyundai Motor Company, Kia Motors Corporation, Nissan, Renault, Toyota Motor Corporation, Volkswagen. The TCOs of all four powertrains is expected to converge after 2025—or earlier, with tax exemptions and/or incentives during the ramp-up phase.

Plug-in 244

Plug-in PHEV Transportation Plug 244

Baua Electric

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. This situation will change dramatically, as hundreds of GWh worth of cell production is forecast for North America by the end of the decade.

North America 52

North America Batteries Battery Charging 52

Baua Electric

MARCH 18, 2024

“China now is building a couple of massive plants where they’re going to build the cars in Mexico and they think that they’re going to sell those cars into the United States with no tax at the border,” he said. BMW Group Plant San Luis Potosí in Mexico Mexico already builds many U.S.-bound bound EVs but buys few of them.

Mexico 52

Mexico Chinese BYD South Carolina 52