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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.

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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

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Mazda and Sumitomo to establish vehicle production plant in Mexico and sales company in Brazil

Green Car Congress

Mazda Motor Corporation has signed formal agreements and begun preparations to establish a Mazda vehicle production facility in Mexico and a sales company in Brazil, in alliance with Sumitomo Corporation. It will be constructed in Salamanca city, Guanajuato state, 250 kilometers northwest of Mexico City. million units.

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More auto plant shutdowns for COVID-19

Green Car Congress

Joining BMW, Ford and FCA in suspension of production in the US due to COVID-19 ( earlier post ) are: Toyota is temporarily suspending production at all of its automobile and components plants in North America, including Canada, Mexico and the US, through 3 April. On a smaller scale, in California, Tesla stimulated $5.5

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New Formula E Porsche 99X Electric Gen3 celebrates world premiere

Green Car Congress

The Mexico City E-Prix on 14 January 2023 will be the first race for the Porsche 99X Electric Gen3. The intention behind the new Gen3 cars is to set new benchmarks in motorsport in terms of performance, efficiency and sustainability—the goal stated by the world automobile association FIA and Formula E.

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Small cars leave U.S.: Ford to build next Focus in Mexico (Model E too)

Green Car Reports

Ford confirmed yesterday that it will move small-car production to Mexico, joining Fiat Chrysler Automobiles (FCA) in eliminating small passenger cars from its U.S. Two years hence, only General Motors will still. They may be known as the "Detroit Three," but the biggest U.S.

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Nidec to Acquire Emerson Electric Co. Motors & Controls Business

Green Car Congress

Japan’s Nidec Corporation, the world’s leading manufacturer of motors for hard-disk drives, has entered into an asset and stock purchase agreement with Emerson Electric Co. EMC) to acquire EMC’s Motors & Controls business in an all cash deal. Tags: Motors. Terms of the arrangement were not disclosed. Earlier post.)

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