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Tesla hopes to replicate Giga Shanghai lines in Mexico, but U.S. isn’t thrilled

Teslarati

Tesla is hoping to replicate production lines in Shanghai at its upcoming Giga Mexico factory by inviting Chinese companies to supply the manufacturing efforts with localized plants. million square feet of industrial park space in Mexico by 2023, up from just 1.28 Tax lawyers in the U.S. Tax lawyers in the U.S.

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Tesla Giga Mexico gets $153M incentive from Nuevo León

Teslarati

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.

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BMW's next-gen Neue Klasse EVs will be made in Mexico

Green Car Reports

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. That may allow these new EVs, and their related battery production facility, to qualify for U.S. tax credits and supply-chain incentives.

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

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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GM May Produce EVs In Mexico To Compete With Tesla, Ford

InsideEVs

Mexico may have plenty of appeal for future EV production due to low costs and full access to the US federal EV tax credit.

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The redesigned federal EV tax credit and other EV-related measures

Charged EVs

The provision that’s gotten the most press is a redesign of the federal EV tax credit—that’s only natural, because it’s the policy that’s most likely to directly affect the average consumer, and because politicians love to talk about tax breaks. Credit where credit is due.

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XC90 Recharge review, Polestar 3, Rivian R3, EV tax credit update: The Week in Reverse

Baua Electric

4 to the list, we revisited and updated our roundup of which 2024 EVs qualify for the $7,500 EV tax credit. With bipartisan pressure to dissuade Chinese automakers from selling their products in the U.S., bound EVs in Mexico, it may be time to take action—if Congress can come to an agreement on how exactly to do it.