article thumbnail

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. BMW Group Plant SLP We are systematically gearing our production network towards electromobility. Earlier post.)

Mexico 418
article thumbnail

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.

Mexico 131
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. Industrial Cloud.

Mexico 199
article thumbnail

Ford to invest C$1.8 billion in Oakville complex for EV manufacturing in Canada

Green Car Congress

billion) in its Oakville Assembly Complex to transform it into a high-volume hub of electric vehicle manufacturing in Canada. The campus, to be renamed Oakville Electric Vehicle Complex, will begin to retool and modernize in the second quarter of 2024 to prepare for production of next-generation EVs. billion (US$1.3 Earlier post.)

Canada 397
article thumbnail

Tesla Giga Mexico site prepares for nearshoring activity spike

Teslarati

The government of Nuevo León is preparing for the nearshoring activity spike that Tesla Giga Mexico is expected to attract. Work started on the expansion of the Monterrey-Saltillio highway where Tesla Gigafactory Mexico will be situated. Preliminary work on the highway’s expansion has begun as well.

Mexico 107
article thumbnail

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.

Mexico 87
article thumbnail

BMW Group secures CO2-reduced steel for global production network

Green Car Congress

Following initial contracts with European suppliers, the BMW Group has now concluded further 2 -reduced-steel-for-global-production-network">agreements for the supply of CO 2 -reduced steel in the US and China. This manufacturing process has significant potential for CO 2 savings, compared to coal-based steel production in a blast furnace.

BMW 444