Federal Law on New Automobile Taxation
The Federal Law on New Automobile Taxation, implemented from 1997, set up a levy over new vehicle import and purchase. The tax is revised every year, and was notably adjusted in 2021 with rates going from 2% to 17% of the vehicle price.
In 2016, the Mexican government added an article (Art.8) exempting electric and hybrid vehicles from sale or import taxation.
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