Teslarati

FEBRUARY 14, 2024

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. officials are not thrilled about the potential for Chinese companies to supply Tesla and its new factory, which will produce its next-gen platform.

Mexico 129

Mexico Tax Credit Tesla Chinese 129

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. market if heavily-subsidized Chinese EVs ever break through here. market if heavily-subsidized Chinese EVs ever break through here.

Boston Consulting Group 52

Boston Consulting Group Tax Credit Chinese Boston 52

Baua Electric

MAY 12, 2024

News came out on Friday that President Biden is set to quadruple tariffs on Chinese EVs to protect the US auto industry from the rapid growth of Chinese EV manufacturing. But EV manufacturing has grown even faster, with Chinese EV production outpacing domestic demand and exports rising rapidly in recent years as well.

China 52

China Chinese Japan Auto Industry 52

Charged EVs

SEPTEMBER 23, 2022

Under the Inflation Reduction Act signed by President Joe Biden in mid-August, automakers will soon have to source increasing proportions of their battery components from North America in order to qualify for federal tax credits. From 2018 through 2021, the disparity between sales in the world’s two largest auto markets grew.

All-Electric 52

All-Electric Cadillac North America GM 52

Clean Fleet Report

AUGUST 16, 2023

Polestar and Volvo were acquired by Geeley, a Chinese automobile company, in 2010. In 2018 Polestar became its own stand-alone car company and began its numerical offerings. Speak with your dealer about any available federal or state tax credits that could reduce the price you pay.

Motor 79

Motor Motors Motoring Volvo 79

Get Electric Vehicle

OCTOBER 27, 2023

Some Chinese battery manufacturers include CATL, BYD, CALB, Guoxuan, and Sunwoda. This may include tax credits, rebates, or reduced registration fees for EV owners. In 2018 AAA study found that 58% of customers stated they wouldn’t switch to electric vehicles because they were concerned about the range.

Norway 40

Norway Renewable Lithium Ion Gasoline-Electric 40