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.
Teslarati
JUNE 24, 2022
” Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits. The post Ford reportedly eliminates lease-to-buy option on electric vehicles appeared first on TESLARATI. If you have any comments, concerns, or questions, please email me at christine@teslarati.com.
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).
The Truth About Cars
JUNE 3, 2024
For example, fuel taxes (which are accounted for when you pay at the pump) are responsible for funding anywhere from a quarter to a third of all roadway maintenance — which would evaporate as more people started driving electric vehicles.
Baua Electric
JANUARY 29, 2024
can take advantage of the total incentives for buying zero-emissions vehicles – rebates that can go as high as $45,000 per truck. Mullen also points out that combined with the $7,500 federal tax credit , commercial customers can purchase a new THREE electric truck at a net cost below $20,000. starting at a suggested MSRP of $68,500.
Baua Electric
JANUARY 10, 2024
Fiat’s new 2024 500e (source: Stellantis) To be frank, Americans don’t buy Fiats. It starts at a reasonable $32,500 plus a $1,595 destination fee, although it’s not eligible for the $7,500 federal tax credit. The 2024 version is made in the Mirafiori factory in Turin, Italy, compared to the 2019 built in Mexico.
Baua Electric
MAY 24, 2024
That declines steadily by age group, with only about 26% of those 60 and older willing to consider buying a car from a Chinese brand, according to AutoPacific. 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.
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