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The government decided to reverse the proposal to raise the import tax on electric vehicles, postponing the application of the full 35% rate that was scheduled to begin on July 1st. This change affects the timeline of the Mover program and slows down the tariff barrier that traditional manufacturers demanded to compete with the Asian invasion.
Manufacturers that invested in ramping up assembly lines or industrial partnerships, such as Omoda Jaecoo with JLR and Geely with Renault, see their importing competitors strengthened. In parallel, the new Porsche 911 GT4 R was presented, noting that smaller and lighter models, such as the Boxster and Cayman, have better dynamics. The previous Porsche Cayman GT4 was notable for its aggressive aerodynamic kit and four-liter flat-six engine.
