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Tesla Gigafactory Mexico could surge a major impact on cross-border trade

Teslarati

Tesla Gigafactory Mexico could surge a major impact on cross-border trade, contributing upwards of $15 billion in growth, officials believe. “ The [Tesla factory] means a great step for Mexico in several ways,” Mexico’s Undersecretary of Foreign Affairs, Martha Delgado Peralta, said. Mexico border.

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Volkswagen Group to build first non-European battery gigafactory in Canada

Green Car Congress

While PowerCo is to become a key player in the development of the battery value stream in North America, Canada offers ideal conditions, including the local supply of raw materials and wide access to clean electricity. More details on gigafactory St. Thomas will be revealed in the near future.

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A look at Tesla’s potential new Gigafactory locations: Mexico, Canada, Indonesia or South Korea

Teslarati

Recent reports indicate that Tesla’s new gigafactory could be located in Mexico. Besides Mexico, there have been a few locations that Tesla has considered for its new gigafactory. Even if Mexico is Tesla’s new gigafactory location, the other places in the running are not completely out of the question.

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

Baua Electric

The first business for this facility is an order for supply of inner and outer ball joints to a leading automotive tier-1 for an upcoming electric vehicle platform of a leading American OEM. The company selected Aguascalientes because of its strategic location in the heart of Mexico.

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BASF acquires site for North American cathode active materials and recycling expansion in Canada

Green Car Congress

A regional supply chain is critical to ensure reliable and resilient battery materials supply. The new site allows for ample space to expand up to 100 kt CAM per year with potential for fully integrated precursor cathode active materials (PCAM) supply. Peter Schuhmacher, President, Catalysts division. Earlier post.).

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Volkswagen committing $7.1B to boost product line-up, R&D, manufacturing in North America; targeting 55% BEV sales by 2030

Green Car Congress

billion over the next five years in the North American region (NAR) (Canada, Mexico, United States) to boost its product portfolio, regional R&D and manufacturing capabilities. This strategy builds on the company’s preparation of its Chattanooga facilities for local EV production. Volkswagen will commit $7.1 4 this year.

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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

Green Car Congress

In the United States, refining capacity has decreased by about 1.1 Less petroleum demand and the associated lower petroleum product prices encouraged refinery closures, reducing global refining capacity, particularly in the United States, Europe, and Japan. million b/d of new capacity over the next two years.

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