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Toyota to Invest $1.34B in Argentina EV Plant, Boosting Exports
La RepúblicaLO·AR · JP · US·about 19 hours ago
Argentina raised the FOB value cap for duty-free imports of 100% electric vehicles from $16,000 to $35,000, a policy shift timed with Tesla's market entry. The measure lowers the cost barrier for higher-priced EVs, potentially accelerating adoption and reshaping the local auto market. Uncertainty remains over whether the exemption applies to all EV models or is tailored to attract specific manufacturers.
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