{"id":45498,"date":"2025-01-30T05:15:00","date_gmt":"2025-01-30T10:15:00","guid":{"rendered":"https:\/\/latamobility.com\/?p=45498"},"modified":"2025-01-30T08:29:58","modified_gmt":"2025-01-30T13:29:58","slug":"southern-cone-argentina-approves-major-tax-incentives-for-electric-vehicles","status":"publish","type":"post","link":"https:\/\/latamobility.com\/en\/southern-cone-argentina-approves-major-tax-incentives-for-electric-vehicles\/","title":{"rendered":"Southern Cone: Argentina Approves Major Tax Incentives for Electric Vehicles"},"content":{"rendered":"\n<p>The <strong>Energy Secretariat of Argentina\u2019s Ministry of Economy<\/strong> eliminated the National Registry of Charging Infrastructure for Electric and Hybrid Electric Vehicles, aiming to <strong>remove bureaucratic obstacles<\/strong> and <strong>promote sector development<\/strong>.<\/p>\n\n\n\n<p>According to the <strong>local press<\/strong>, this <strong>measure<\/strong> nullifies the <strong>mandatory registry<\/strong>, which was created in <strong>2023 (Resolution 817\/23)<\/strong> and had become a <strong>burdensome procedure<\/strong>, lacking a <strong>clear objective<\/strong> and only adding <strong>administrative workload<\/strong> for <strong>companies and citizens<\/strong>.<\/p>\n\n\n\n<p>Moreover, the <strong>implementation of this registration<\/strong> meant more <strong>state intervention<\/strong> and a <strong>misuse of public resources<\/strong>, without resulting in an <strong>effective improvement in the promotion of electric mobility<\/strong> or providing <strong>tangible benefits to citizens<\/strong>.<\/p>\n\n\n\n<p>On the contrary, the <strong>registry<\/strong> slowed down the <strong>installation and expansion of charging stations<\/strong>, adding <strong>unnecessary costs and delays<\/strong> for the <strong>private sector<\/strong>, such as the <strong>submission of forms and supporting documentation<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"572\" src=\"https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/VE-1-3-1024x572.jpg\" alt=\"\" class=\"wp-image-45490\" srcset=\"https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/VE-1-3-1024x572.jpg 1024w, https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/VE-1-3-300x168.jpg 300w, https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/VE-1-3-768x429.jpg 768w, https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/VE-1-3.jpg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-tax-incentives\"><strong>Tax Incentives<\/strong><\/h3>\n\n\n\n<p><strong>Argentina<\/strong> has eliminated <strong>taxes<\/strong> on certain <strong>vehicle categories<\/strong>, and in this context, one <strong>electric car<\/strong> stands out as benefiting from the <strong>policy<\/strong>.<\/p>\n\n\n\n<p>The <strong>tax reduction<\/strong> will take effect starting in <strong>February<\/strong>, and the <strong>electromobility sector<\/strong> will benefit from this <strong>measure<\/strong>, as reported by <strong>Minister of Economy, Luis Caputo<\/strong>.<\/p>\n\n\n\n<p><strong>Hybrid and electric cars<\/strong> with a <strong>FOB Value<\/strong> of up to <strong>$16,000<\/strong> will have a <strong>0% tariff<\/strong> upon entering the country, meaning that the <strong>cost of importation is zero<\/strong>.<\/p>\n\n\n\n<p>Until now, these <strong>models<\/strong> were subject to a <strong>35% tax<\/strong> when classified as <strong>extra-zone products<\/strong>, meaning those imported from outside <strong>Brazil, Mexico, Colombia, or Uruguay<\/strong>.<\/p>\n\n\n\n<p>The term <strong>FOB<\/strong> stands for <strong>\u201cFree on Board\u201d<\/strong> and refers to the <strong>vehicle price<\/strong> declared by <strong>automakers at the port of origin<\/strong>, before applying <strong>other taxes<\/strong>. This <strong>price<\/strong> is used to <strong>calculate import duties<\/strong>.<\/p>\n\n\n\n<p>One of the <strong>vehicles<\/strong> that will benefit from the <strong>import tax exemption<\/strong> is the <strong>Renault Kwid E-Tech<\/strong>, an <strong>electric car<\/strong> currently <strong>manufactured in China<\/strong>, which began <strong>sales in Argentina in February 2024<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-latam-mobility-nbsp-on-nbsp-february-20-2025-nbsp-in-nbsp-monterrey\"><strong>Latam Mobility<\/strong>&nbsp;on&nbsp;<strong>February 20, 2025<\/strong>&nbsp;in&nbsp;<strong>Monterrey<\/strong><\/h2>\n\n\n\n<p>On&nbsp;<strong>February 20, 2025<\/strong>,&nbsp;<strong>Latam Mobility<\/strong>, the largest sustainable mobility community in&nbsp;<strong>Latin America<\/strong>&nbsp;begins its tour in&nbsp;<strong>Monterrey, Mexico<\/strong>, with the second edition of the \u201c<strong>North America Mobility Summit 2025<\/strong>\u201d.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/Monterrey-1024x683.jpg\" alt=\"\" class=\"wp-image-44518\" srcset=\"https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/Monterrey-1024x683.jpg 1024w, https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/Monterrey-300x200.jpg 300w, https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/Monterrey-768x512.jpg 768w, https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/Monterrey-1536x1024.jpg 1536w, https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/Monterrey.jpg 1800w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Mexico<\/strong>&nbsp;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,&nbsp;<strong>Latam Mobility<\/strong>&nbsp;has established itself as a key player to generate&nbsp;<strong>synergy<\/strong>,&nbsp;<strong>networking<\/strong>, and&nbsp;<strong>alliances<\/strong>&nbsp;between the public and private sectors.<\/p>\n\n\n\n<p>The \u201c<strong>North America Mobility &amp; Net Zero Summit<\/strong>\u201d in&nbsp;<strong>Monterrey<\/strong>&nbsp;will bring together the most important&nbsp;<strong>companies<\/strong>&nbsp;and&nbsp;<strong>leaders<\/strong>&nbsp;linked to&nbsp;<strong>energy<\/strong>,&nbsp;<strong>transportation<\/strong>,&nbsp;<strong>fuels<\/strong>, and&nbsp;<strong>mobility<\/strong>, to show the progress and prospects of the industry in&nbsp;<strong>Mexico, the United States<\/strong>, and the region.<\/p>\n\n\n\n<p>For more details on how to participate and positioning options, email us at:&nbsp;<a>info@investinlatam.org<\/a>.<\/p>\n\n\n\n<p><strong>Reach out to us&nbsp;<\/strong>via&nbsp;<a href=\"https:\/\/lnkd.in\/eQzTYdNG\">WhatsApp<\/a>&nbsp;or get your<strong>&nbsp;pre-sale tickets<\/strong>&nbsp;for Monterrey&nbsp;<a href=\"https:\/\/lnkd.in\/eMTAtTah\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Energy Secretariat of Argentina\u2019s Ministry of Economy eliminated the National Registry of Charging Infrastructure for Electric and Hybrid Electric Vehicles, aiming to remove bureaucratic obstacles and promote sector development. According to the local press, this measure nullifies the mandatory registry, which was created in 2023 (Resolution 817\/23) and had become a burdensome procedure, lacking&#8230;<\/p>\n","protected":false},"author":8,"featured_media":45494,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[2057],"tags":[2201,1564,1281,1489],"class_list":["post-45498","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pubic-sector","tag-argentina-2","tag-electric-cars","tag-electric-mobility","tag-sustainability"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.7 (Yoast SEO v24.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Southern Cone: Argentina Approves Major Tax Incentives for Electric Vehicles - 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