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 & other companies form EMA to promote electric mobility in Mexico

Teslarati

Tesla and a few other companies recently announced the launch of the Electro Mobility Association (EMA) to promote the production and purchase of electric vehicles in Mexico. Tesla Giga Mexico construction to begin next week: Governor Tesla Giga Mexico will likely help the EMA reach its goals.

Mexico 111
article thumbnail

bp starts up Manuel project in deepwater Gulf of Mexico; 20,100 boe/d

Green Car Congress

bp announced the safe start-up of the Manuel project in the US Gulf of Mexico, the fourth of five major projects expected to be delivered globally in 2021. bp anticipates growth in its production in the US Gulf of Mexico to more than 400,000 boe/d by the mid-2020s.

Mexico 243
article thumbnail

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. Our relentless pursuit of innovation and adoption of cutting-edge technologies have firmly entrenched us as the premier partner for global automakers.

Mexico 52
article thumbnail

Woodside approves investment in $7.2B Trion development in deepwater Gulf of Mexico; first oil in 2028

Green Car Congress

Australia-based Woodside Energy has made a final investment decision to develop the large, high-quality Trion resource in the deepwater Gulf of Mexico. Trion is located in a water depth of 2,500 meters, approximately 180 km off the Mexican coastline and 30 km south of the Mexico/US maritime border. First oil is targeted for 2028.

Mexico 195
article thumbnail

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.

Mexico 52
article thumbnail

Mexico still believes Tesla Gigafactory is coming despite change of plans

Baua Electric

Tesla officially announced Gigafactory Mexico back in March 2023, and until recently, we were wondering what was the hold up to start production after the automaker said it wanted to move fast. In October, Tesla confirmed that it was pumping the brakes on the project amid concerns about the global economy.

Mexico 52