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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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Rane (Madras) opens new facility in Aguascalientes, Mexico, for steering parts – ET Auto

Baua Electric

The first business for this facility is an order for supply of inner and outer ball joints to a leading automotive tier-1 for an upcoming electric vehicle platform of a leading American OEM. The company selected Aguascalientes because of its strategic location in the heart of Mexico.

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NERC: high probability of insufficient resources to meet electricity demand as early as Summer 2022 in parts of US

Green Car Congress

Findings from the North American Electric Reliability Corporation’s (NERC’s) 2021 Long-Term Reliability Assessment (LTRA) indicate there is a high probability of insufficient resources and energy to serve electricity demand, as early as Summer 2022, in many parts of the Western Interconnection.

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Posco begins derisking rare earth permanent magnet supply chain | Autocar Professional

Baua Electric

Posco International, which is looking to de-risk its supply chain for rare earth permanent magnets from China, has announced that it has bagged large-scale orders through its overseas subsidiaries. The supplied permanent magnets will be mounted on the drive motors of the company’s new mid- to large-sized electric vehicle models.

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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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Biden authorizes release of more than 180M barrels of oil from Strategic Petroleum Reserve; 1M bpd for 6 months

Green Car Congress

The US and other member states of the International Energy Agency (IA) agreed earlier in March to release 60 million barrels of oil reserves to compensate for supply disruptions following Russia’s invasion of Ukraine, with the US supplying 30 million. 2005 Hurricane Katrina Sale. President George W. 2011 IEA Coordinated Release.

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U.S. Warns Spring Breakers Headed to Mexico, Jamaica or the Bahamas

Baua Electric

I’m sure there are parts, just like the United States, that you can go into that are not recommended,” said Ms. Nonetheless, she has taken new precautions for her upcoming trip, like packing additional health supplies and purchasing a security bar for the sliding balcony door of her hotel room. What’s behind the warning in Mexico?

Jamaica 52