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BMW Group secures CO2-reduced steel for global production network

Green Car Congress

Following initial contracts with European suppliers, the BMW Group has now concluded further 2 -reduced-steel-for-global-production-network">agreements for the supply of CO 2 -reduced steel in the US and China. Steel is one of the main sources of CO 2 emissions in our supply chain.

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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 The company plans to be capable of building an annual 7 million e-axles by March 2026.

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Tesla lands on its Country Manager for Mexico as EV expansion takes focus

Teslarati

Tesla has named Teresa Gutièrrez Smith as the Country Manager for its EV offensive in Mexico as its new Gigafactory in Nuevo Leòn is moving closer to starting construction. Mexico is a region that builds EVs, but very few people in the country drive them, as most units are exported to other countries.

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Mitsubishi Motors Corporation to supply global compact sedan to Chrysler de Mexico

Green Car Congress

Mitsubishi Motors Corporation (MMC) and Chrysler de Mexico (CdM) announced a five-year agreement in which MMC will supply its global compact sedan to CdM, to be sold in Mexico starting November 2014. —Bruno Cattori, President and CEO of Chrysler de Mexico.

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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

Green Car Congress

The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. million b/d since the start of 2020, contributing 184,000 b/d to the global decline in 2021. million b/d in 2022 and by an additional 1.6

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Tesla Giga Mexico has secured all federal and regional permits: Economy Minister

Teslarati

Elon Musk noted during Tesla’s Q3 2023 earnings call that the company would seek to get a sense of the global economy before it goes full tilt on Gigafactory Mexico. Giga Mexico was announced earlier this year on Investor Day, but the facility is yet to formally begin its construction. We are doing it at the same time.

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Sona Comstar opens plant in Mexico to meet N. American demand for BEV parts – ET Auto

Baua Electric

Sona Comstar ), one of the leading global providers of automotive technology solutions, has inaugurated a new manufacturing plant in the Fipasi Industrial Park, Silao, Mexico. Our relentless pursuit of innovation and adoption of cutting-edge technologies have firmly entrenched us as the premier partner for global automakers.

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