article thumbnail

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.

Mexico 259
article thumbnail

Tesla lands on its Country Manager for Mexico as EV expansion takes focus

Teslarati

Tesla has named Teresa Gutièrrez Smith as the Country Manager for its EV offensive in Mexico as its new Gigafactory in Nuevo Leòn is moving closer to starting construction. Mexico is a region that builds EVs, but very few people in the country drive them, as most units are exported to other countries.

Mexico 145
article thumbnail

Mitsubishi Motors Corporation to supply global compact sedan to Chrysler de Mexico

Green Car Congress

Mitsubishi Motors Corporation (MMC) and Chrysler de Mexico (CdM) announced a five-year agreement in which MMC will supply its global compact sedan to CdM, to be sold in Mexico starting November 2014. —Bruno Cattori, President and CEO of Chrysler de Mexico.

Chrysler 218
article thumbnail

Volkswagen launches digital push to drive manufacturing performance in US and Mexico

Green Car Congress

Volkswagen has launched a digital transformation push across its assembly plants in the United States and Mexico. The company aims to drive a 30% increase in manufacturing performance for its electric vehicle assembly and large-scale car assembly in Chattanooga, TN, and Puebla, Mexico, by 2025.

Mexico 199
article thumbnail

ZF opens state-of-the-art technology centre in Mexico | Autocar Professional

Baua Electric

Global technology company ZF officially opened the campus that will house four corporate function hubs for North America and the company’s first R&D centre in Mexico, on April 4, 2024. It is the first multi-functional and multi-divisional campus for ZF in Mexico. This investment is a win-win.

Mexico 52
article thumbnail

‘Our new plant in Mexico is an offensive move’:Vivek Vikram Singh | Autocar Professional

Baua Electric

Gurugram-based Sona Comstar, a leading exporter of EV driveline components as well as starter motors for ICE vehicles to Europe and North America, has recently set up a new driveline facility for battery electric vehicles in the Fipasi Industrial Park in Silao, Mexico. We like playing to our strengths.

Mexico 52
article thumbnail

Sona Comstar adopts 3-pronged strategy to beat China globally in EV parts supply – ET Auto

Baua Electric

New Delhi: It is no secret that Chinese component makers are aggressively scouting global markets for increasing their already tight grip on the nascent battery electric vehicle (BEV) industry. What do Indian suppliers with global ambitions in the BEV segment do to thwart this aggressive posturing by the Chinese?

China 52