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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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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. We aim to solidify our position as the preferred driveline solutions provider for automakers in North America by establishing our new manufacturing plant in Mexico.

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Tesla Gigafactory Mexico could surge a major impact on cross-border trade

Teslarati

Tesla Gigafactory Mexico could surge a major impact on cross-border trade, contributing upwards of $15 billion in growth, officials believe. “ The [Tesla factory] means a great step for Mexico in several ways,” Mexico’s Undersecretary of Foreign Affairs, Martha Delgado Peralta, said. Mexico border.

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Tesla places $227M+ order for Cybertruck parts from South Korea

Teslarati

Tesla ordered Cybertruck parts worth more than $227 million from Seoyon E-Hwa. Seoyon E-Hwa is part of KOSPI or the Korean Composite Stock Price Indexes. Seoyon E-Hwa manufactures automotive interior parts such as door panels, bumpers, seats, headliners, rear parcel shelves, package trays, screen assemblies, and pillar posts.

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Sona Comstar adopts 3-pronged strategy to beat China globally in EV parts supply – ET Auto

Baua Electric

Sona Comstar has manufacturing facilities in China, Mexico and USA apart from India. Already, Sona Comstar has set up a new manufacturing facility in Mexico, which will be used to supply driveline solutions to BEVs in the North American market.

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A look at Tesla’s potential new Gigafactory locations: Mexico, Canada, Indonesia or South Korea

Teslarati

Recent reports indicate that Tesla’s new gigafactory could be located in Mexico. Besides Mexico, there have been a few locations that Tesla has considered for its new gigafactory. Even if Mexico is Tesla’s new gigafactory location, the other places in the running are not completely out of the question.