Remove Chinese Remove Low Cost Remove Mexico Remove Tax
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Under US pressure, Mexico refuses to offer incentives for Chinese EV makers – Charged EVs

Baua Electric

US automakers are currently protected from Chinese competition by a 27.5% Chinese automakers are exporting quality EVs to Europe and elsewhere, at prices no Western automaker can hope to match. They’re also building auto plants in Mexico, and many believe that they hope to eventually export vehicles from these plants to the US.

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Senate Bill Seeks to Tariff Chinese Vehicles Out of Existence

The Truth About Cars

This week, Senator Josh Hawley (R-MO) is introducing legislation to increase tariffs on imported Chinese vehicles this week with the stated goal of dealing with the “existential threat posed by China.” percent to 100 percent, including vehicles owned by Chinese-based automakers that are assembled in places like Mexico.

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Ford’s EV price cuts boost demand as all-electric sales climb 80% in February

Baua Electric

However, Mach-E sales were down 20% through the first half of 2023 as Ford retooled its Cuatitlan, Mexico plant, where the EV is assembled. Once up and running, Hyundai expects EVs assembled at the facility will qualify for the $7,500 federal tax credit, including its first three-row electric SUV , the IONIQ 9. over last year.

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Using the PHEV (Plug-In Hybrid Electric Vehicle) to Transition Society Seamlessly and Profitably From Fossil Fuel to 100% Renewable Energy

Green Car Congress

It is only a matter of economics motivated by incentives or taxes. Already Porsche, Mercedes and other high-end automotive manufacturers are making such PHEVs because of the availability of low-cost electricity from wind and solar and the availability of government incentives which make them competitively priced in the beginning.

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