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Tesla Giga Mexico gets $153M incentive from Nuevo León

Teslarati

Tesla Gigafactory Mexico will receive $153 million worth of incentives from Nuevo León as state officials seek to temper concerns about delays in the new factory. Nuevo León’s state economic development council approved Tesla Giga Mexico’s incentives, which include the buildout of basic infrastructure like roads and water treatment.

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Second Tesla center in New Mexico to open on Santa Ana Pueblo

Teslarati

The investment that Tesla is making in workforce development and training as part of this project will be extremely valuable in helping our strategic efforts to create an economy that is powered by STEAM [Science, Technology, Engineering, Arts and Manufacturing].” Senator Martin Heinrich (D-N.M.)

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Another One Bites the Dust: Kia Killing the Rio After 2023

The Truth About Cars

The automaker’s factory in Monterrey, Mexico, builds the Rio, and the company is expected to retool the facility for EV production. Kia currently builds the EV6 in South Korea and needs a North American manufacturing location for its vehicles to qualify for federal tax credits.

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Tesla said to be mulling U.S. battery plant with supplier CATL

Teslarati

Bloomberg reported yesterday that Tesla is potentially looking to build an electric vehicle battery cell production facility somewhere in the United States with CATL , citing people familiar with the matter. One of the stipulations is that a portion of the battery pack be manufactured in the U.S., to take advantage of these incentives.

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The US and EU take different approaches to the threat of Chinese EV imports – Charged EVs

Baua Electric

percent tariff for all Chinese-made cars, and the Inflation Reduction Act creates an additional barrier with its stipulation that only EVs made in North America qualify for tax credits. Some fear that Chinese firms could do an end run around such barriers by producing EVs in places like Mexico and Brazil.)

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BMW previews future electric SUV with faster charging, more range

Baua Electric

BMW continues to preview its next-generation EVs with a new concept car, while also providing a bit more detail on some of the engineering for these new models, which are due to start production next year. The BMW Vision Neue Klasse X is an electric SUV that forecasts a model due to start production in Debrecen, Hungary, in 2025.

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BMW previews future electric SUV with faster charging, more range

Baua Electric

BMW continues to preview its next-generation EVs with a new concept car, while also providing a bit more detail on some of the engineering for these new models, which are due to start production next year. The BMW Vision Neue Klasse X is an electric SUV that forecasts a model due to start production in Debrecen, Hungary, in 2025.

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