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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 Nidec also jointly runs a plant with the Guangzhou Automobile Group. million e-axles.

Mexico 259
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Audi to announce EV production plans in Mexico: report

Teslarati

German luxury carmaker Audi is reportedly set to announce its intentions to start electric vehicle production in Mexico. The move aligns Audi with other prominent car manufacturers that are increasing their presence in Mexico. The post Audi to announce EV production plans in Mexico: report appeared first on TESLARATI.

Mexico 98
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VW Mexico signs 20-year agreement for 130MW of wind energy from Mexico Power Group

Green Car Congress

Volkswagen Mexico has signed a 20-year agreement to purchase 130 megawatts (MW) of renewable energy from Mexico Power Group’s La Bufa wind farm development in Zacatecas, Mexico. Under the agreement, Volkswagen Mexico plants will save more than 45 million pesos (US$3.6 million dollars) in electricity costs per year.

Mexico 210
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Honda starts construction of new CVT plant in Mexico

Green Car Congress

Honda de Mexico, S.A. The new plant will be located adjacent to the new automobile plant that will begin mass production early next year of the all-new 2015 Honda Fit. In addition to supporting HDM auto production, the plant will provide transmissions to Honda auto plants outside Mexico. billion for the new plants in Celaya.

Mexico 199
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Constellium to open Mexico plant for automotive aluminum structural components

Green Car Congress

intends to open a new manufacturing facility in Mexico to produce aluminium automotive structural components. The automotive industry expects that nearly five million vehicles will be produced annually in Mexico by 2019, making it one of the largest markets for automobile production. Constellium N.V.

Mexico 150
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China exported greater than 2 million automobiles in first part of 2023, BYD and Chery grew quickest

Baua Electric

million automobiles, a year-on-year building up of 75.7%, in keeping with the China Affiliation of Car Producers (CAAM). million passenger automobiles had been exported, an building up of 88.4% year-on-year; 534,000 fresh power automobiles had been exported, a year-on-year building up of 160%. Extra particularly, 1.78

Chery 52
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China exports way more automobiles to Russia than anyplace else

Baua Electric

Chinese language automakers exported extra automobiles wholesale to Russia than anyplace else within the first 5 months of this hour, filling a void left by means of international producers exiting the marketplace as a result of the invasion of Ukraine. China exported about 162,000 automobiles to Russia in all of 2022.

Russia 52