The presentation of the Olinia project has had a significant impact on Mexico’s plans to expand electric mobility and contribute to environmental conservation.
The goal is to encourage the use of these vehicles, which is why the Mexican government has been offering some incentives since last year for those who own these vehicles.
The exemptions include:
- Discounts on toll booths on highways in Mexico City and the State of Mexico.
- Exemption from paying the federal tax on new cars (ISAN).
- Deduction of income tax (ISR) for the depreciation of electric vehicles for any taxpayer.
- Deduction of 25% of ISR for investments in conventional bicycles, bicycles, and motorcycles powered by rechargeable electric batteries.
- Reduction of up to 285 pesos per day per vehicle from ISR for the use or temporary enjoyment of cars powered by rechargeable electric batteries, as well as for electric cars that also have an internal combustion engine or a hydrogen-powered engine.
These vehicles can even be charged at home outlets or parking lots, and the Federal Electricity Commission (CFE) offers free installation of meters for charging stations so that charging does not increase consumption, shifting from a domestic rate to a high domestic consumption rate.
Latam Mobility on February 20, 2025 in Monterrey
On February 20, 2025, Latam Mobility, the largest sustainable mobility community in Latin America begins its tour in Monterrey, Mexico, with the second edition of the “North America Mobility Summit 2025”.
Mexico has become an important bastion for the region with the arrival of major brands in the automotive industry, with interesting plans to install electric vehicle plants. In this sense, Latam Mobility has established itself as a key player to generate synergy, networking, and alliances between the public and private sectors.
The “North America Mobility & Net Zero Summit” in Monterrey will bring together the most important companies and leaders linked to energy, transportation, fuels, and mobility, to show the progress and prospects of the industry in Mexico, the United States, and the region.
If you would like to know the agenda or participate as a partner in Latam Mobility’s “Tour 2024” and access the portfolio of benefits, please write to info@investinlatam.org.
