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Mexico will not provide government subsidies to Chinese automakers due to pressures from U.S. officials, one report claims.

Mexico denies BYD, other Chinese car makers, access to incentives

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Mexico has reportedly denied Chinese automakers access to government incentives due to pressures from U.S. officials. According to a Reuters report, Mexican officials met with...
Negotiations between the U.S. and U.K. are underway to arrange a deal granting U.K. businesses access to electric vehicle incentives

U.S. and U.K. talk electric vehicle incentives, negotiations underway

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Negotiations between the U.S. and U.K. are underway to arrange a deal granting U.K. businesses access to electric vehicle incentives in the Biden Administration's Inflation...
Ford revealed multiple agreements with lithium suppliers which it says will allow for a massive increase in electric vehicle production

Ford announces several new deals with lithium suppliers

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Ford has revealed multiple agreements with lithium suppliers which it says will allow for a massive increase in electric vehicle production. Five partners were named...
trade minerals

U.S. and Japan strike deal on minerals for electric vehicle batteries

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For battery minerals, the U.S. and Japan have reached trade agreements. The agreement may increase Japanese EVs' eligibility for U.S. EV tax credits under...
secretary Yellen

Secretary Yellen says foreign car brands may be able to qualify...

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U.S. Treasury Secretary Yellen said that free trade agreements may give overseas automakers a way to earn electric vehicle tax credits without an act...

Secretary Yellen on EV tax credits, Elon’s tweeting troubles, Carvana Q4...

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Inside Automotive 2023 TIME Dealer of the Year Gary Rome on modern retailing, company culture and more Every year TIME Magazine selects one storeowner for its...
EV tax credits, credit

Treasury Dept. announces consumer leases can qualify for new EV tax...

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As of January 1, 2023, automakers selling EVs with final assembly outside of North America could qualify for a commercial vehicle tax credit, according...
korean automakers

S. Korean automakers share concerns over US Inflation Reduction Act

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South Korean officials will meet with agents from the US Trade Representative's office and the US Treasury to express "concerns" about the Inflation Reduction Act, signed by President Joe...
Honda

Honda, LG Energy prepare to build $4 billion EV battery plant...

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In a recently released statement, Honda Motor Company and South Korean battery maker LG Energy Solutions plan to invest $4.4 billion in a US battery plant to build lithium-ion...

CBT automotive newscast: August 30, 2022

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Inside Automotive: How to provide a top-notch customer experience when handling sales objections - Josh Braun Are you struggling with price-based objections from your customers? Today...