article thumbnail

Mexico Considering Tariffs Due To Proposed US EV Tax Credit

InsideEVs

Mexico's Economy Minister calls the potential tax credit discriminatory and is looking at various legal options.

article thumbnail

China is Unhappy with the Inflation Reduction Act and Has Complained to the WTO

The Truth About Cars

Among many other things, the Inflation Reduction Act changed the way EV tax credits work in the United States. Legal experts say this case might not be so airtight for China, noting that the U.S. Additionally, Chinese EVs are expanding their reach into Mexico, and some expect other brands to reach the U.S. others might.

China 98
article thumbnail

Tesla investors post questions for TSLA Q3 2023 earnings call

Teslarati

As of writing, Say’s webpage for the Tesla Q3 2023 earnings call features a variety of notable questions, spanning topics from Tesla’s factories like Gigafactory Mexico to future projects like Optimus and the dedicated Robotaxi. Is Tesla planning to accept legal liability for FSD, and if so, when?

Tesla 133
article thumbnail

After chiding Ford for US CATL battery plan, GM may be seeking its own

Baua Electric

or Mexico, along with a GM license agreement for CATL’s LFP battery tech. So even if Ford or GM controls manufacturing, Chinese intellectual property could make these deals a legal gray area. GM already works closely with CATL, but that relationship is limited to the China market. LFP battery tech originated in the U.S.,

GM 52
article thumbnail

More bad buzz for Chevy Blazer EV: software glitches, doors that fly open

Baua Electric

The error was spotted at the San Luis Potosi assembly plant in Mexico, which then sparked a wider investigation, reports The Street. Also, the Chevy Blazer does not qualify for 2024 federal tax credits, which will surely dampen sales as well. Not to mention GM being mired in legal issues from its Cruise acquisition.

GM 52
article thumbnail

‘Discriminatory’ EV tax credit could bring Mexico-imposed tariffs

Teslarati

The $12,500 electric vehicle tax credit proposed in President Joe Biden’s “Build Back Better” plan is being labeled as “discriminatory” by Mexican Economy Minister Tatiana Clouthier, who said the country is analyzing legal recourse and other actions, including potential tariffs against the United States.

article thumbnail

3 Scenarios That Would Make An EV Ineligible For the Federal EV Tax Credit

EV Adoption

In my previous article, Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives , I outlined and analyzed 13 proposed changes to IRC 30D (federal EV tax credit). But all of these PHEVs have batteries of around 9 kWh and so they could easily be upgraded to 10 kWh to qualify for the tax credit.