article thumbnail

The electric year ahead: Every new EV coming to Australia in 2024

EV Central

At that price it just sneaks in under the government’s FBT exemption, which allows for electric cars below $89,332 to pay no fringe benefits tax when purchased via a novated lease. Chery Omoda 5 EV Chery Omoda 5 EV. None of which will be cheap, the Polestar 3 is priced from $132,900 before on-roads.

article thumbnail

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

Teslarati

Having EVs built in Mexico still helps the vehicles qualify for the $7,500 EV tax credit. Tax lawyers in the U.S. also state that as long as no battery minerals or components are sourced from China, they will still qualify for the full tax credit. but are still able to qualify for the tax credit. workforce or economy.

Mexico 136