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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.

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Mexico To Triple EV Production In 2023

CleanTechnica EVs

Giant amongst developing nations, Mexico stands currently as the seventh-largest automobile producer in the world (in number of units). It is the fifth-largest automobile exporter (in total value).

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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. It should be noted that Puebla is already home to a Volkswagen automobile plant, one of the largest in Mexico.

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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.

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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.

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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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Tesla starts construction of 2nd New Mexico store in American Indian land

Teslarati

Recent reports have indicated that Tesla is working with American Indian organizations to bypass a ban on direct-to-consumer automobile sales in New Mexico. As recognized sovereign tribes, Santa Ana and Nambé Pueblo, where Tesla launched its first New Mexico store in 2021, are exempt from state regulations.