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2 clusters · 15 sources · 4 days · First seen 6 days ago · Last updated 2 days ago

Buenos Aires electric taxi fleet modernization

Overview

The Government of the City of Buenos Aires is working to modernize its taxi fleet by promoting the use of electric and plug-in hybrid vehicles. To support this transition toward cleaner public transport, Banco Ciudad has introduced a specialized financing line for taxi and private hire (remise) drivers.

The credit program offers loans of up to $28 million, covering up to 70% of a vehicle’s value, with a fixed annual nominal rate of 20% and repayment terms lasting up to 48 months. Officials noted that electric taxis incur operating costs roughly 20% of those for gasoline or CNG vehicles and require less maintenance.

Fiscal incentives accompany the financing: electric vehicles receive a permanent 100% exemption from patent taxes, while hybrid vehicles are exempt for their first two years of circulation.

Entities

Banco Ciudad · Eduardo Zubieta Marco · Agencia Reguladora del Transporte del Estado de Campeche · DiDi · Procuración General de la Ciudad de Buenos Aires

Timeline

2 days ago

[BUSINESS] 3 sources
Banco Ciudad launches subsidized loans for electric and hybrid vehicles
Banco Ciudad has introduced subsidized loans for taxi and remise drivers in Buenos Aires to purchase new electric or plug-in hybrid vehicles.
6 days ago

[BUSINESS] 13 sources
Buenos Aires promotes electric taxis via Banco Ciudad credits
Buenos Aires is incentivizing the transition to electric taxis through Banco Ciudad credits with a 20% fixed rate and significant tax exemptions for electric and hybrid vehicles.

Sources

canal13sanjuan.com · diariosomos.com.ar · elcomercio.com · eldia.com · elespectador.com · globalbuenosaires.com.ar · infoban.com.ar · labandadiario.com.ar · lasuperdigital.com.ar · puraciudad.com.ar · rionegro.com.ar · seccionciudad.com.ar · telemarcampeche.com · transporteuropa.dk · xeu.mx