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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 company plans to be capable of building an annual 7 million e-axles by March 2026. The planned Mexico plant would be responsible for delivering part of the remaining 1.3

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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.

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Tesla Mexico posts new job position in Nuevo León

Teslarati

Tesla Mexico posted a new job position in San Pedro Garza Garcia, Nuevo León. The Texas-based company is looking for an Indirect Procurement Manager for Gigafactory Mexico, hinting at continued progress for the facility. Nevertheless, Tesla’s permits for Giga Mexico have been progressing quickly.

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How a Six Flags licensing issue let Tesla snag Giga Mexico land

Teslarati

Tesla landed on a large plot of land in Santa Catarina, Mexico, in the State of Nuevo Leon, for its first Gigafactory in the country. However, the property was almost a Six Flags amusement park well before Tesla had even thought about Mexico, before it had built a Model 3, and before it was even financially stable.

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LG Magna e-Powertrain celebrates groundbreaking of new facility in Mexico; electric powertrain components for GM from 2023

Green Car Congress

LG Magna e-Powertrain, a joint venture (JV) between LG Electronics (LG) and Magna International Inc. Magna), celebrated the groundbreaking of its new plant in Ramos Arizpe, Mexico. LG Magna e-Powertrain launched in July 2021 as a joint venture between LG Electronics and Magna International. Earlier post.).

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BMW Group to build new $1B plant in Mexico; production start in 2019

Green Car Congress

The BMW Group will invest $1 billion to build a new plant in Mexico in close proximity to the city of San Luis Potosí in the state of the same name. We have been building BMW cars at our US plant in Spartanburg for the past 20 years. We have been building BMW cars at our US plant in Spartanburg for the past 20 years.

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ZF opens state-of-the-art technology centre in Mexico | Autocar Professional

Baua Electric

Global technology company ZF officially opened the campus that will house four corporate function hubs for North America and the company’s first R&D centre in Mexico, on April 4, 2024. It is the first multi-functional and multi-divisional campus for ZF in Mexico. This investment is a win-win.

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