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Biden administration considers penalties for Chinese EV companies in Mexico

Teslarati

The Biden Administration is considering penalties for Chinese electric vehicle (EV) automakers who are moving production to Mexico. We’re not going to let China flood our market making it impossible for American autoauto manufacturers to compete fairly. I will do it by following international trade laws,” Biden said.

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Tesla suppliers preparing for Giga Mexico 

Teslarati

Tesla suppliers from Asia are preparing for Gigafactory Mexico in Salinas Victoria, stated the municipality’s Mayor Raúl Cantú de la Garza. Other companies are also starting to invest in Nuevo León as the Tesla Giga Mexico project hits the ground running. Meanwhile, JL Mag Rare-Earth Co.

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Mexico Won't Offer EV Incentives to Chinese Automakers

The Truth About Cars

Chinese automakers are expanding into Mexico, with companies like BYD opening dealerships across the country. Mexico is no stranger to Chinese auto companies, as there are around 20 already selling vehicles in the country. percent of the Mexican auto market in 2022. It noted that the U.S. It noted that the U.S.

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BYD Shark pickup truck to debut in Mexico this month

Teslarati

Chinese automaker BYD plans to debut its new energy pickup truck, Shark, in Mexico this month. The BYD Shark will make its global debut in Mexico on May 14, 2024. The Chinese automaker was initially rumored to unveil it at the Beijing Auto Show in April 2024.

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Sona Comstar opens plant in Mexico to meet N. American demand for BEV parts – ET Auto

Baua Electric

Sona Comstar ), one of the leading global providers of automotive technology solutions, has inaugurated a new manufacturing plant in the Fipasi Industrial Park, Silao, Mexico. ” The modern facility in Mexico will be equipped with advanced manufacturing technologies, adhering to the highest quality and safety standards.

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Rane (Madras) opens new facility in Aguascalientes, Mexico, for steering parts – ET Auto

Baua Electric

The company selected Aguascalientes because of its strategic location in the heart of Mexico. One of the 5 states that make up the Bajio region in Central Mexico, Aguascalientes is home to large OEMs like Nissan and several top tier-1 automotive suppliers.

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Tesla’s $25,000 car to be built at Giga Texas, then Giga Mexico: Elon Musk

Teslarati

On Tuesday, longtime auto industry veteran Sandy Munro shared a new interview with Musk, held following the Cybertruck delivery event. ” “The revolution in manufacturing that will be represented by that car will blow people’s minds,” Musk said. What are your thoughts?

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