. It will help reduce CO2 emissions by 2 million tons per year and boost the country's economy by EUR 21 billion. In addition, the plan will help secure and create more than 145,000 jobs and have a positive impact on the Spanish social security system with an estimated EUR 2.4 billion in additional tax revenue. According to the SEAT's Annual Report 2022 issued on March 15, 2023, to improve energy effciency at the company's manufacturing centres,...

OEM Plants  Updated at: 2026/04/03

V production is slated to begin in 2026, supported by a battery plant now under construction and expected to be completed by April 2026. The two facilities represent a combined investment of THB 1 billion and are backed by the Thai BOI under the EV3.5 incentive package, which provides subsidies and tax benefits for local EV production. Reported on March 3, Hyundai Mobility Thailand plans to open a local vehicle and battery assembly plant in late ...

OEM Plants  Updated at: 2026/04/02

Information Management System (VMECIMS) of the Ministry of Industry and Information Technology of China (MIIT). On December 5, NIO announced that it will acquire production equipment and assets at the 1st Advanced Manufacturing Site and the 2nd Advanced Manufacturing Site from JAC Group for a total tax exclusive price of about CNY 3.16 billion. On December 6, JAC Group announced the completion of bidding for three previously publicly listed asset...

OEM Plants  Updated at: 2026/04/02

ounty, Baoji, Shaanxi. The project has a planned total investment of CNY 5 billion. With a planned investment of CNY 3 billion and an area of around 930,000 square meters. Upon completion and production, the 1st phase will achieve an annual output value of over CNY 10 billion and an expected annual tax revenue of over CNY 500 million. On January 4, BYD held a groundbreaking ceremony for its New Energy Vehicle (NEV) Comprehensive Test Site Project...

OEM Plants  Updated at: 2026/04/02

es to manufacture 10 vehicles in the plant, including new and renewed models of Caoa Chery and Hyundai already produced there, as well as another brand, currently in negotiations. Production capacity would be increased from 86,000 units per year to more than 100,000 units. The extension of a recent tax benefit would make Caoa's investment in the Anápolis plant feasible, as well as another BRL 500 million in the HPE / Mitsubishi plant in Catalão...

OEM Plants  Updated at: 2026/04/02

us Corporation (MFTBC) announced it has launched a new variant for its Canter Eco Hybrid light-duty truck with smaller vehicle frame. It has a a shorter and narrower body by replacing battery cover and shortening rear overhang frame. Buyers can benefit from reduced automobile acquisition and weight taxes and can reduce annual vehicle inspection and vehicle insurance fees. It is priced at JPY 5,117,700, including consumption tax. MFTBC targets to ...

OEM Plants  Updated at: 2026/04/01

ippine counterpart to ship 200 buses to the market in 2020. On December 24, 2019, Thaco Vietnam exported to Myanmar 120 Deluxe Edition Kia Cerato passenger cars. With a localization rate of over 40%, Thaco Kia plant meets the Regional Value Contents (RVC) criteria to enjoy the preferential import tax rate of 0% under the ASEAN Trade in Goods Agreement (ATIGA agreement). According to the 2020 plan, Thaco will export 1,026 cars of all types, incl...

OEM Plants  Updated at: 2026/04/01

to the Toyama Plant of Mitsubishi Fuso Bus Manufacturing Co. Mitsubishi Fuso said it will put on the market its new micro bus "Rosa" on August 31. The new "Rosa" is not only compliant with the post new long-term emission regulations installed with a new powertrain, but also eligible for the eco-car tax incentive program through improved fuel efficiency. It safety has been enhanced as well. It is also compliant with the passenger protection regula...

OEM Plants  Updated at: 2026/04/01

in. The resulting company will be subrogated in all employment contracts, labor, and social security rights and obligations of the personnel of all the participating companies, but will not have an impact on employment. Each of the production plants (Vigo, Madrid, and Zaragoza) will continue to pay taxes at their current tax offices. On August 25, multiple sources reported that Stellantis has stopped production at the Opel car factory in Zaragoza...

OEM Plants  Updated at: 2026/03/31

land from the beginning, but a high-performance model of the "Focus ST" will continue to be supplied from the Saarlouis plant until its production in Thailand gets started at the end of 2012. Ford said it is ready to join the Thai government's eco-car program once new licenses become available. The tax breaks are scheduled to end in 2015, but the program is reported to be extended. Ford's plants in Thailand are capable of producing eight times mo...

OEM Plants  Updated at: 2026/03/31

can joint venture plant in Aguascalientes, operated with Nissan Motors amd Mercedes-Benz will  cut production there. Production is being halved due to declining US luxury car sales and cost-cutting measures amid potential tariff increases under US President-elect Donald Trump's proposed 25% import tax. Originally planned to produce 130,000 units in 2024, output has been reduced to 70,000 units annually, with operations scaled back to a single sh...

OEM Plants  Updated at: 2026/03/31

orts. In the first half of 2025 alone, Toyota accounted for 51% of Argentina’s vehicle exports. On February 19, Argentina's General Confederation of Labor (CGT) called a nationwide strike, bringing vehicle and auto parts production to a halt across the country. The strike opposes Labor Reform and Tax Reform projects being debated in Congress, which include eliminating internal taxes on automobiles. Major automotive unions including SMATA (mecha...

OEM Plants  Updated at: 2026/03/31

s. It plans to hire at least 150 employees within two years of the establishment. City of Los Angles has agreed to purchase BYD electric vehicles, and also plans to test electric-powered buses. It has also promised to simplify procedures for setting up charging stations. Forty units of all-electric taxi, the e6, were officially launched in Shenzhen City. BYD plans to put additional 20 units at the end of May, further adding 100 E6 taxis on Shenzh...

OEM Plants  Updated at: 2026/03/31

ve 3.9 liter/100km. CO2 emissions have also been reduced by 8.4 percent down to 104g/km to meet requirements of the" Euro 5." Kia in Slovakia will invest 110.5 million euros to boost its annual engine production capacity from 300,000 to 450,000 engines, the company said. The government will provide tax incentives amounting to 15 million euros. Production of the Hyundai ix35 SUV (Tucson in South Korea) has begun at the Kia Motors Slovakia plant in...

OEM Plants  Updated at: 2026/03/30

which has been so far exported to Korea, will be switched to the new model made in the U.S. on the occasion of the new model introduction. Toyota announced on April 19 that Toyota will invest 360 million dollars to produce the Lexus ES in the U.S. in 2015. Kentucky offered 146.5 million dollars in tax incentives to expand the Georgetown plant to build the Lexus ES on April 17. The Georgetown plant employs about 6,600 people and can build more th...

OEM Plants  Updated at: 2026/03/30

iti QX65 (2026-planning); Lithium-ion Battery Pack (2012- Mar. 2019, sold to Envision Group) Passenger car and SUV assembly and battery plant -Production started in June 1983. -Investment: USD 8.8 billion as of September 2025 -Number of Employees: 7,300+ as of September 2025 Nissan Leaf loses EV tax credits under new U.S. rules Nissan Smyrna celebrates 40 years in operation, Canton prepares for EV production Nissan LEAF becomes eligible for U...

OEM Plants  Updated at: 2026/03/30

f production has been completed. Toyota Motor Corporation unveiled on Nov. 18 its all-new “Mirai” hydrogen fuel cell vehicle (FCV). It will go on sale in Japan on December 2015. The automaker targets to sell about 400 units by the end of 2015. The Mirai FCV is priced at JPY 7,236,000 (including tax), which will fall to JPY 5,216,000 after government subsidy. The Mirai FCV has four seats and comes in a front-wheel-drive configuration. It measu...

OEM Plants  Updated at: 2026/03/27

Green plant has been producing the "Corvette" since 1981 with current employees standing at about 400.It is scheduled to continue production of the current sixth generation for at least the next, while preparing for production of the next generation. The Kentucky State will provide $7.5 million in tax incentives for this expansion project. GM Korea held an event on April 30 to demonstrate the U.S. made "Chevrolet Corvette" sports car, which will...

OEM Plants  Updated at: 2026/03/27

in U.S. with eight U.S. EPA ENERGY STAR plants Honda presents all-new sixth-gen 2023 CR-V ahead of U.S. launch Honda begins deliveries of all-new 2023 CR-V in U.S. Honda begins mass production of all-new 2023 CR-V in North America Honda, LG battery plant to receive USD 71 million in Ohio state tax credits Honda invests USD 700 million in 3 plants to create new EV hub in Ohio Honda begins production of all-new 2023 CR-V Hybrid in North Amer...

OEM Plants  Updated at: 2026/03/26

pecifications of a new model "Morning (Picanto). After introducing the model at the Barcelona Motor Show in June, Kia will put onto the European market from December. Starting January 2008, this new model will be classified in Korea as a minivehicle, which is eligible for exemption from acquisition tax and registration fee, highway toll discount and other benefits. The export model is equipped with a 1,100cc gasoline (65HP) or a 1,00occ CRDi turb...

OEM Plants  Updated at: 2026/03/25