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President of Mexico nationalizes lithium

Green Car Congress

The President nationalized Mexico’s lithium deposits last April, and created LitioMX (Litio Para Mexico) to mine lithium ( earlier post ). Sonora hosts virtually all Mexico’s lithium resources—8.82Mt lithium carbonate equivalent (LCE) or 1.66Mt lithium metal. What we are doing now.

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USA Pulls Mexico Into Its Anti-Chinese EVs Policies

CleanTechnica EVs

It has accounted for more than half of global electric car sales, and aside from Tesla, the biggest electric car producers in the world are Chinese. continued] The post USA Pulls Mexico Into Its Anti-Chinese EVs Policies appeared first on CleanTechnica. Despite being late.

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Tesla Giga Mexico not affected by layoffs says Sec. of Economy

Teslarati

The State Secretary of Economy of Nuevo León assured that Tesla’s global staff reduction does not affect Giga Mexico’s construction. Secretary of Economy Iván Rivas Rodríguez told Milenio that work on Tesla Gia Mexico is still proceeding, and the company’s investment in the municipality of Santa Catarina is still on the table.

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BYD EV plant in Mexico under consideration

Teslarati

Tesla’s rival BYD is considering Mexico for its new electric vehicle (EV) plant. The Chinese automaker aims to expand its global presence and sees Mexico as an excellent place to reach its goals. BYD Mexico’s country manager, Zhou Zhou, told Nikkei Asia that Mexico is a key market with potential.

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BMW Group investing €800M in Plant San Luis Potosí in Mexico for NEUE KLASSE and battery assembly

Green Car Congress

The BMW Group is investing €800 million in Plant San Luis Potosí in Mexico for integration of fully-electric models of NEUE KLASSE and construction of local high-voltage battery assembly. In Mexico, we are investing 800 million euros in our plant and creating around 1,000 new jobs. The new assembly center spans an area of 85,000 m 2.

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S&P Global: More than 75% of oil and gas production in US Gulf of Mexico has lower than average greenhouse gas intensity

Green Car Congress

More than three-fourths of all oil and gas production in the US Gulf of Mexico has a lower greenhouse gas (GHG) intensity than the basin-wide average, according to a new S&P Global Commodity Insights analysis. However, about 78% of the total production was found to be beneath that average. 900 kgCO 2 e/boe. 70 kgCO 2 e/boe.)

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Nikkei: Nidec to build $715M e-axle plant in Mexico

Green Car Congress

The Nikkei reports that Japan-based motor maker Nidec is planning to invest an estimated ¥100 billion (US$715 million) to build an e-axle plant in Mexico. The planned Mexico plant would be responsible for delivering part of the remaining 1.3 The company plans to be capable of building an annual 7 million e-axles by March 2026.

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