Affordable Mexico Supplies Tax Credit 
Baua Electric
APRIL 1, 2024
battery-supply deal with China’s CATL, Car News China reports. or Mexico, along with a GM license agreement for CATL’s LFP battery tech. ” 2024 GMC Sierra EV Denali Edition 1 Ford announced its joint-venture battery plant with CATL in February of last year, touting it a key to EV affordability.
Plug in America
DECEMBER 21, 2023
Clean Vehicle Tax Credits Clean vehicle tax credits kicked into high gear in 2023. New federal EV tax credits were expanded and updated, and credits for used and commercial EVs became available for the first time in January. New Mexico adopted the Advanced Clean Cars II standard (ACC II).
Baua Electric
MARCH 28, 2024
Details are scarce, but the plant will likely be in the US or Mexico. Under the GM deal, CATL would be responsible for building the production lines, supply chains, and other equipment while GM handles the CapEx. The plans also reportedly include building a joint North American factory to make the batteries. Ford announced a $3.5
Teslarati
JUNE 24, 2022
” Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits. ” The company is dedicated to the battery supply chain network so that Battery Electric Vehicles (BEVs) are more sustainable and economical for our consumers. battery production.” ” I’d love to hear from you!
Green Car Congress
MAY 4, 2011
The National Electrical Manufacturers Association (NEMA), on behalf of its Electric Vehicle Supply Equipment/Systems (EVSES) product section, has endorsed HR 1685 , the Electric Drive Vehicle Deployment Act of 2011. The credit is currently set to expire at the end of this year. Earlier post.)
Cars That Think
NOVEMBER 20, 2023
government was going to try a whole bunch of different government interventions—incentive programs, tax credits, grants, infrastructure investments—to bend the trajectory of our energy transition. and “Is your electricity bill reasonably affordable?” You need a bigger grid to supply that electricity.
Baua Electric
MAY 24, 2024
It effectively goes along with plans to tighten the EV supply chain in order to qualify for the federal EV tax credit of up to $7,500. Chinese automakers also sell more affordable EVs—something currently lacking in the U.S.—in in the markets where they currently operate. would increase their purchase consideration.
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